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WA › Alkimos › Picasso Promenade

16 Picasso Promenade, Alkimos WA 6038

House

$720,000

Last sold

20 Mar 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $720,000 (20 Mar 2024).(Recorded sale)

What could make it worth more?

  • FactZoned Urban development (2977) under the WANNEROO.(Landgate SLIP · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$720,000

20 Mar 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Alkimos at a glance

14,810

People

$899,000

Median sale

$658/wk

Median rent

3.81%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Alkimos report →

Vs Alkimos

-19.9%

Median sale

Suburb $899,000

+0.94 pp

Gross yield

Suburb 3.81%

Suburb median $899,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

WANNEROO

Zone

Urban development

2977

Jurisdiction

Wanneroo

Wanneroo, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1458784

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

20232024$580k$720k
  • Sold (recorded)
  1. Sold$720,00020 Mar 2024
  2. Listedprice unknowncompleted29 Feb 2024
  3. Listedprice unknowncompleted29 Feb 2024
  4. Sold$580,0008 Feb 2023
  5. Listedprice unknowncompleted28 Oct 2022
  6. Listedprice unknowncompleted28 Oct 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $658/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

2 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Alkimos in one glance

Alkimos at a glance

14,810

People

$899,000

Median sale

$658/wk

Median rent

3.81%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Alkimos report →

Keep researching

  • Why Alkimos? Read the area thesis →
  • What else is on the market in Alkimos →
  • Other records on Picasso Promenade →

Listing material

Listed by Professionals Northern Coast

~ Picture perfect premium home ~

Welcome to 16 Picasso Prom, Alkimos! A two storey, three-bedroom home that has had no detail left spared and is an absolute pleasure to present for sale! From the sleek rendered frontage, extensive use of glass and the low maintenance landscaping, this home is sure to catch your eye and your heart.

Downstairs to the left you will find a great sized home office and massive understairs storage. The kitchen features quality stainless-steel appliances, stone benches, including a gas stove top, 600mm oven, rangehood, double sink, dishwasher, overhead cabinetry, Tall pantry, breakfast bar and additional power points. The open plan family and dining area is bright and breezy with stacker glass doors that lead out to the entertainers courtyard!

Upstairs you will find all the bedrooms and bathrooms. The Master bedroom is fit for a king and is a truly massive suite, with a walk-in robe and ensuite. The ensuite bathroom features a large shower recess with oversized shower head, plenty of cupboard space and separate w/c. An enormous balcony spans off the master suite, allowing for a spectacular inland view with gorgeous sunrises and sunsets! Bedrooms 2 and 3 are generously sized and both have a quality fitout also. A second, stylish bathroom services this area too.

Read the full description

The courtyard has been professionally designed and combines composite decking with aggregate concrete plus custom made garden beds and benches! There's also the benefit of twin garage doors opening the area up to be one large entertaining space, alternatively perfect for exra parking, trailers etc.

Additional features include: - Well designed laundry and 3rd w/c (powder room) - Custom designed blinds - Quality upgraded door and handle fittings throughout - Stunning timber staircase - Downlighting throughout - alarm system - 2x Reverse cycle ducted air conditioning units with upgraded vents - Access to the garage from the rear entertaining area - Additional powerpoints throughout.

Directly opposite stunning parkland and a playground - Only a few kms away from the beach - Conveniently located with a short drive to The Gateway Alkimos Shopping Centre and Trinity Village Shopping Centre, St James Anglican School, Alkimos Beach Primary School and Alkimos College. All this and more! Certainly not your cookie-cutter new home, this property carves its own path! To beat the stampede call Josh Douglas on 0433931901 to view asap.

Listing description written by Josh Douglas, Professionals Northern Coast — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.