Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
WA › Edgewater › Wedgewood Dr
$565,000
Last sold
25 May 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
385 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$565,000
25 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Edgewater (last 5 years) with land size have a median of $983/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Edgewater
-51.3%
Median sale
Suburb $1,161,000
+3.11 pp
Gross yield
Suburb 2.95%
Suburb median $1,161,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
JOONDALUP
Zone
Local distributor road
788
Jurisdiction
Joondalup
Joondalup, WA
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 385 m² — that is not 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.
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
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.
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.
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
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.”
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
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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 385 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo 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
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Carole Saville Inspiring Real EstateWith attractive frontage this three-bedroom two bathroom home is situated on a subdivided 385m2 block. A great location with local shops in walking distance, transport at your doorstep and Lake Joondalup conveniently close by. With open plan living areas, renovated ensuite and freshly decorated in neutral tones, this light and bright home with brand new carpets is move in ready. The gorgeous private decked verandah to the front of the home is a real sanctuary and the attractive easy maintenance back garden is equally tranquil. This home will appeal to Buyers who want a home with soul and must be inspected to appreciate the opportunity on offer here. Call Carole on 041 041 9241 to view!
3 Bedrooms, 2 Bathrooms, Family, Dining, Lounge, Verandah, Parking to the Front
- Convenient location close to local shops, bus and train transport, plus Lake Joondalup a short stroll away.
- Light and bright this attractive, freshly painted home is move in ready.
- WA Blackbutt flooring plus brand-new carpets create a clean, warm and inviting ambience.
- Modernised light drenched kitchen sits to the rear of the home and is complete with oodles of cupboard space with soft closing drawers, 5 burner gas cooktop, double electric oven and dishwasher.
- Spacious lounge to the front of the home with its high raked ceiling gives a spacious vibe and the perfect place to chill out at the end of the day.
- Separate dining area could be used as a study, has solid WA Blackbutt flooring and the attractive New Zealand wood burner is brilliant on the winter nights.
- Family and casual dining combine seamlessly with the outdoors and open out to the rear garden so entertaining really is a breeze here.
- Good sized main bedroom with walk in robe, plantation shutters and adjoining renovated ensuite with floor to ceiling tiling and bidet. This area combined with the verandah sets up 2 separate areas ideal for the investors looking to rent out to University students.
- Two minor bedrooms one with built in robes.
- Second bathroom services the minor bedrooms and the separate WC helps reduce morning queues.
- There's a gorgeous private decked verandah to the front, the decking is mostly made from recycled timber from the old Cooloongup Pub, this is one special place to chill.
- Good sized laundry.
- Ducted evaporative air conditioning.
- Private paved rear garden with established trees and veggie patch.
Other features include: parking to the front of the property, manual reticulation to the rear, instant gas hot water system.
Built in 1976, this Don Russell built home is situated on approx.385m2.
Disclaimer:
In preparing this information, Eview Group and its members has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.
Listing description written by Carole Saville, Carole Saville Inspiring Real Estate — reproduced as published, not verified by Districts.