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WA › Craigie › Observation Rd

18 Observation Rd, Craigie WA 6025

House

$1,075,000

Last sold

14 July 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

420 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 $1,075,000 (14 July 2025).(Recorded sale)
  • FactLand 420 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Craigie (last 5 years) with land size: median $1,585/m² of land (n=126). 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

$1,075,000

14 July 2025 · derived via latest_sale

Local land rate: recorded House sales in Craigie (last 5 years) with land size have a median of $1,585/m² of land (n=126). Districts calculation from recorded sales — not a valuation.

Craigie at a glance

7,335

People

$990,000

Median sale

$684/wk

Median rent

3.59%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Craigie report →

Vs Craigie

+8.6%

Median sale

Suburb $990,000

-0.28 pp

Gross yield

Suburb 3.59%

Suburb median $990,000 from 83 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$1,075,00014 July 2025
  2. Listedprice unknowncompleted11 June 2025
  3. Listedprice unknowncompleted11 June 2025

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 420 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 $684/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.

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 420 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

Craigie in one glance

Craigie at a glance

7,335

People

$990,000

Median sale

$684/wk

Median rent

3.59%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Craigie report →

Keep researching

  • Why Craigie? Read the area thesis →
  • What else is on the market in Craigie →
  • Other records on Observation Rd →

Listing material

Listed by Listed Estate Agents

Sorry! It's Gone - Under Contract!

Eyes on the Prize!

With the generous Pinnacle Park in one direction and Otago Park in the other, this charming 4 bedroom, 2 bathroom Craigie residence is as solid as the come and truly does occupy the perfect position. Nestled on a generous block, there is plenty of space for entertaining and a growing family to enjoy, whilst a versatile internal floor plan lends itself to those seeking an established and family residence. What a catch!

WHY YOU SHOULD BUY ME:

Read the full description

• An impeccably-presented interior that includes entertaining opportunities, a generous floor plan, modern Kitchen & massive Scullery/Walk in pantry within the heart of the home, a breakfast bar for casual meals, large stone benchtops, with Glass splash back and quality appliances – perfect for meals, cooking and entertaining!

• Overlooked by the kitchen is a stylish open-plan family and dining area, with direct access to the backyard.

• A fantastic large carpeted rear master-bedroom suite, featuring a massive walk-in robe and ensuite with a double shower.

• Carpeted Bedrooms 2 & 3, tucked away from the living and entertaining areas

• Large front carpeted Theatre/Study/Bedroom 4 with recessed feature ceiling, perfect for either family time, turning into a study/theatre or utilising as a guest room - the options are endless!

• A magnificent outdoor patio-entertaining area off the family living at the rear, seamlessly connecting with an entertainer’s backyard.

• A front facing sealed and powered attic space with overhead skylight – ideal for all storage needs!

OTHER FEATURES:

• Built by Celebration Homes

• Flexible floorplan with theatre/study/bedroom 4

• Attic space – powered & sealed

• Established front garden, providing natural privacy to the home

• Low maintenance yard with landscaping potential

• Modern interior with quality finishes

• Massive walk in pantry with scullery space

• Large entertaining spaces

• Aggregate driveway

• Verge parking for caravan or boat

• Solar panels

• Downlights & High ceilings throughout

• Raised garage with shoppers entry and yard access

• Less than 10yrs old

• Large 420sqm (approx.)

• Built in 2016 (approx.)

WHAT THE FUTURE HOLDS:

• Aside from living only walking distance away from lovely parks and bus stops, you will fully appreciate this excellent property’s closeness to Whitford Catholic Primary School, Craigie Heights Primary School, Belridge Secondary College, The Craigie Tavern, shopping (including Westfield Whitford City) and even beautiful Mullaloo Beach

• Only minutes separating your front doorstep from the freeway, the Edgewater and Whitfords Train Station, more shopping at Lakeside Joondalup, Craigie Leisure Centre, coastal cafes and restaurants, St Mark’s Anglican Community School, Hillarys Marina, the exciting Ocean Reef Boat Harbour redevelopment and more

DISTANCE TO:

• Pinnacle Park – one minute approx. (230 metres)

• Otago Park – two minutes approx. (750 metres)

• Craigie Open Space – one minute (500 metres)

• Craigie Plaza – two minutes approx. (750 metres)

• Craigie Heights Primary School – three minutes (1.3 kilometres)

• Whitford Catholic Primary School – three minutes (1.1 kilometres)

• Whitfords Station – eight minutes (4.0 kilometres)

• Belridge Secondary College – five minutes (2.2 kilometres)

• Westfield Whitford City Shopping Centre – eight minutes (3.4 kilometres)

• St Mark’s Anglican Community School – eight minutes (3.7 kilometres)

• Mullaloo Beach – six minutes (3.5 kilometres)

• Hillarys Boat Harbour – 11 minutes (7.1 kilometres)

• Perth CBD – 25 minutes or 24 kilometres (approx.)

Listing description written by Blake Lucas, Listed Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.