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WA › Waikiki › Labyrinth St

17 Labyrinth St, Waikiki WA 6169

For saleHouse for Sale

$1,000,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

999.6 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000(Listing record · 17 July 2026)
  • CalculationLand 1,000 m² against a 226 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 19% above the Waikiki median recorded sale ($838,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Waikiki's advertised median rent ($616/wk), implied gross yield would be 3.20% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

The ask against the evidence

Asking

$1,000,000

Asking · $1,000/m² of land

No recorded sale for this property.

Waikiki at a glance

13,590

People

$838,000

Median sale

$616/wk

Median rent

3.82%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Waikiki report →

Vs Waikiki

+19.3%

Median sale

Suburb $838,000

-0.62 pp

Gross yield

Suburb 3.82%

Suburb median $838,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,000,000
Stamp Duty (Western Australia)
$42,616
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,046,541

$46,541 on top of the price (4.7% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Waikiki's advertised median rent — not a rent for this listing.

Net yield
1.70%
Annual cashflow (pre-tax)
$-34,968
Interest cover (DSCR)
0.33
Annual rent
$32,032
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
3.20%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,000,000available17 July 2026

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 1,000 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 $616/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

Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 1,000 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

Waikiki in one glance

Waikiki at a glance

13,590

People

$838,000

Median sale

$616/wk

Median rent

3.82%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Waikiki report →

Keep researching

  • Why Waikiki? Read the area thesis →
  • What else is on the market in Waikiki →
  • Other records on Labyrinth St →

Listing material

Listed by Ray White Rockingham Baldivis

SPACIOUS FAMILY LIVING WITH THE LOT

Ray White Rockingham Baldivis are excited to present this spacious 5 bedroom, 2 bathroom family home with a dedicated study, perfectly positioned on a huge 999.6sqm block. Offering multiple living areas, a sparkling pool, powered workshop and sought-after side access, this property delivers the space and lifestyle that growing families have been searching for.

Designed with family living in mind, the home offers a choice of living zones, including a formal lounge and dining room, a light-filled open plan family and meals area, plus a generous games room complete with a built-in bar. Whether you're entertaining friends or simply enjoying time together as a family, there's plenty of room for everyone. At the heart of the home is a spacious kitchen featuring a walk-in pantry, breakfast bar, generous bench space and ample storage. Perfectly positioned to overlook the casual living areas, the kitchen allows the home chef to remain connected to family and guests while preparing meals.

Step outside and you'll discover an outstanding backyard designed for entertaining. An expansive patio overlooks the sparkling below-ground pool, creating the perfect setting for summer barbecues and family gatherings. Beyond, the generous backyard offers easy-care gardens, a garden shed and valuable side access with hardstand parking for a boat, caravan or trailer. The large powered workshop provides the ideal space for tradies, hobbyists or additional storage.

Read the full description

Privately positioned away from the secondary bedrooms, the spacious primary suite includes a walk-in robe and ensuite with shower, vanity and WC. The remaining bedrooms are all well proportioned with built-in robes, while the study near the front of the home provides the perfect work-from-home office, nursery or homework zone. Comfort is assured throughout the seasons with ducted evaporative air conditioning for the warmer months, while a cosy wood-burning fireplace creates a welcoming atmosphere during winter. Solar panels are an added bonus.

Located close to a choice of parks, schools and lifestyle amenities, you'll enjoy the convenience of having everything within easy reach. Waikiki Village Shopping Centre is just a few minutes away for your everyday essentials, while Rockingham City Shopping Centre, with its extensive range of retail stores, cafés and restaurants, is only a 10-minute drive. Best of all, you'll be just 10 minutes from the pristine beaches of Waikiki, where you can enjoy swimming, fishing, waterfront walks and the relaxed coastal lifestyle this area is renowned for. Public transport is available nearby with easy access to Warnbro Train Station for an approximately 35-minute journey to the Perth CBD, while convenient freeway access makes commuting north or south simple.

Offering a rare combination of land size, family-friendly living and exceptional outdoor features, this impressive property presents an outstanding opportunity to secure the lifestyle you've been dreaming of.

Call today to find out more or arrange your inspection. Why wait?

House plans are available on request.

Disclaimer:

Although every effort has been taken to ensure the information provided is deemed to be correct at the time of writing, it cannot be guaranteed. Reference to schools does not guarantee availability. Distances are approximate and sourced from Google Maps. Prospective buyers are advised to make their own enquiries.

Listing description written by Elsie Corby, Ray White Rockingham Baldivis — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

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

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