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WA › Heathridge › Penguin Cl

16A Penguin Cl, Heathridge WA 6027

Land

$490,000

Last sold

30 Aug 2024

0

Bedrooms

0

Bathrooms

0

Car spaces

449 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $490,000 (30 Aug 2024).(Recorded sale)
  • FactLand 449 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Heathridge (last 5 years) with land size: median $1,305/m² of land (n=5). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$490,000

30 Aug 2024 · derived via latest_sale

Local land rate: recorded Land sales in Heathridge (last 5 years) with land size have a median of $1,305/m² of land (n=5). Districts calculation from recorded sales — not a valuation.

Heathridge at a glance

7,794

People

$980,000

Median sale

$695/wk

Median rent

3.69%

Suburb gross yield

Median sale from 69 recorded sales (last 12 months) — a Districts calculation.

See the full Heathridge report →

Vs Heathridge

-50.0%

Median sale

Suburb $980,000

+3.69 pp

Gross yield

Suburb 3.69%

Suburb median $980,000 from 69 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Heritage

Not retrieved

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

Records

Property history

  1. Sold$490,00030 Aug 2024
  2. Listedprice unknowncompleted23 June 2024
  3. Listedprice unknowncompleted23 June 2024

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. Listed land size is 449 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). 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 $695/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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.

1 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. Listed land size is 449 m² — that is not 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Heathridge in one glance

Heathridge at a glance

7,794

People

$980,000

Median sale

$695/wk

Median rent

3.69%

Suburb gross yield

Median sale from 69 recorded sales (last 12 months) — a Districts calculation.

See the full Heathridge report →

Keep researching

  • Why Heathridge? Read the area thesis →
  • What else is on the market in Heathridge →
  • Other records on Penguin Cl →

Listing material

Listed by Harcourts Initiative

UNDER OFFER

Prime Land Opportunity.

Opportunities like this don't come around often. Situated close to an abundance of local schools, parks, shops and the coast, this block is the perfect place to build your dream home or investment property. Perfectly positioned on a quiet cul-de-sac, this land is an excellent choice for your new build in a premier coastal suburb.

Take advantage of this rare opportunity to build your dream home in the highly sought-after suburb of Heathridge. With a premium position and proximity to all amenities, this outstanding property provides the ideal opportunity to establish your future.

Read the full description

Features:

• Generous size of 449 sqm with a 12m frontage and 40m depth, perfect for a family-sized home.

• North-west facing aspect.

• Located in the Poseidon Primary School and Ocean Reef Senior High School catchment area.

• Easy access to public transport.

• Short drive to Hillarys Boat Harbour, the future Ocean Reef Marina, and Joondalup Shopping Centre.

This ideal 449 sqm block, situated in a whisper-quiet location in Heathridge, will be highly popular among buyers looking to start from the ground up. Superbly located, brilliantly positioned, and perfectly sized, this lot provides the ideal blank canvas to build your dream home.

For more information or to register your interest please contact Alana Foley on 0477319004 or Leanna Hewitt on 0401984177.

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.

Listing description written by Alana Foley, Harcourts Initiative — 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.