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.
WA › Heathridge › King Edward Dr
$408,000
Last sold
26 Feb 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
274 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$408,000
26 Feb 2025 · 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.
Local land rate: recorded Land sales in Heathridge (last 5 years) with land size have a median of $1,283/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.
Vs Heathridge
-58.4%
Median sale
Suburb $980,000
+5.17 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 data is being calculated
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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 274 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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.
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.
1 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 274 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
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.
Listing material
Listed by Harcourts Alliance JoondalupNew owners circumstances have changed - don't miss this second opportunity.
A fantastic 274m2 flat corner block that's ready to build now. Situated in the northwest corner in this well sought after suburb known for its family-friendly atmosphere and convenient amenities. This block offers a great opportunity for those who are ready to build their dream home or invest in a highly desired area.
Why Choose 17 King Edward Drive?
Not just for the elevated locale that takes in the first summer breeze up King Edward Drive, this block has titles produced so is ready to build on now! It lies less than 500m from the edge of Ocean Reef and is in the catchment zone for Ocean Reef High School and just further beyond is the exciting new Ocean Reef Marina, what a boost to Values and lifestyle in the area this will bring. It presents an excellent chance to build in a vibrant community that balances tranquillity with convenience. With top local schools, beautiful parks, and easy access to shopping, dining, and entertainment, not to mention the ease of public transport just several doors down on Hodges Drive, the gateway to easy access to Edith Cowan Uni, Lakeside Shopping Centre and Trains to the city, a public transport access dream.
Seize the opportunity to secure your spot in Heathridge - a suburb on the rise!
Local Amenities and Attractions:
Schools:
• Poseidon Primary School: Just 1.1km away, providing excellent education options for younger children.
• Heathridge Primary School: Located around 1.9 km away, a popular choice among local families.
• Ocean Reef Senior High School: Approximately 1.1 km away, within the local intake area for secondary school education.
• Edith Cowan University a 10min bus ride away.
Shopping and Dining:
• Heathridge Village Shopping Centre: A quick 2-minute drive (1 km) away, offering a variety of shops, including a supermarket, cafes, and essential services.
• Lakeside Joondalup Shopping City: A larger shopping destination just 3.5 km away, featuring major retail stores, dining options, and entertainment facilities.
Parks and Recreation:
• Prince Regent Park: Only 800 meters away, perfect for family outings, picnics, or enjoying the outdoors.
• Heathridge Park: About 2 km away, offering sports facilities, playgrounds, and open spaces.
• New Ocean Reef Marina less than 2.5 Km away
• Mullaloo Beach: A short 5-minute drive (3.5 km) away, where you can enjoy the stunning coastline, beach activities, and sunset views.
Entertainment and Leisure:
• Joondalup Resort Golf Course: Just 3 km away, ideal for golf enthusiasts looking for a world-class golfing experience.
• Aquatic and Recreation Centre (Craigie Leisure Centre): 7.5 km away, offering swimming pools, fitness classes, and gym facilities.
Why Choose 17 King Edward Drive?
This block presents an excellent chance to build in a vibrant community that balances tranquillity with convenience. With top local schools, beautiful parks, and easy access to shopping, dining, and entertainment, it offers everything needed for a comfortable and enjoyable lifestyle.
Listing description written by Ben Bernacki, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.