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WA › Waikiki › Lakemba Way

19 Lakemba Way, Waikiki WA 6169

House

$670,000

Last sold

2 June 2025

4

Bedrooms

1

Bathrooms

1

Car spaces

690 m²

Land

101 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $670,000 (2 June 2025).(Recorded sale)
  • CalculationLand 690 m² against a 101 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Waikiki (last 5 years) with land size: median $1,245/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$670,000

2 June 2025 · derived via latest_sale

Local land rate: recorded House sales in Waikiki (last 5 years) with land size have a median of $1,245/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

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

-20.0%

Median sale

Suburb $838,000

+0.96 pp

Gross yield

Suburb 3.82%

Suburb median $838,000 from 65 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$670,0002 June 2025
  2. Listedprice unknowncompleted20 May 2025
  3. Listedprice unknowncompleted20 May 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 690 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

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 690 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 Lakemba Way →

Listing material

Listed by JW Residential

Why: Appealing to many, this fantastic property strikes the perfect balance between comfort and convenience

What: A 4 bedroom, 1 bathroom home with side access gates and a powered workshop

Who: Families seeking easy care yet contemporary living in a well-placed and central location

Where: Strolling distance to all your daily amenities, including schooling, shopping and parkland, with the inviting and impressive coastline easily within reach

Read the full description

Walking distance to both parkland and schooling, this delightful 4 bedroom, 1 bathroom home offers laid back family living with all the added benefits of its spacious 690sqm block, with gated side access and a powered workshop included. The interior has undergone some modern upgrades, with a contemporary kitchen to the heart of the home and surrounded with a generous open plan living and dining area, while all bedrooms offer absolute comfort for the children or guests. The sweeping backyard ensures ample room to entertain, with a large alfresco to the rear of the residence that extends along the side for carport parking, while lawned gardens span both the front and rear of the home, providing a peaceful position for families, professionals and investors alike. The Waikiki Village Shopping Centre is easily within reach to offer a range of retail and dining options for your convenience, while a variety of schooling and childcare provides facilities for all ages, and plentiful parkland and greenspace allows ample recreational enjoyment, with the train station just a little further for those with a commute.

Shady trees provide privacy from the street, with the lawned front garden running alongside the extra wide driveway that offers both parking and backyard access via the side gates. Reticulation from the bore ensures minimal upkeep throughout, with a sheltered porch offering a peaceful position to sit and relax with a morning coffee whilst enjoying the garden view. Security screening sits to the front door, where you enter directly into the light and bright family lounge, furnished with timber effect flooring, a neutral and modern colour scheme and downlighting, with the added benefit of both a cooling ceiling fan and effective reverse cycle air conditioning unit for year round well-being. Your living area blends into the dining space beyond that sits adjacent to the kitchen for a seamless flow between, with sliding doors to the alfresco for indoor to outdoor living. And the kitchen is fully fitted with an extensive range of cabinetry and storage, with an in-built stainless-steel oven and gas cooktop, integrated rangehood and dishwasher, plus a wraparound bench top and contemporary tiling.

Your four bedrooms and bathroom are all placed to the left, with either soft carpet or timber effect flooring, plus a spacious design and plenty of natural lighting to all, with the master offering another effective reverse cycle air conditioning unit and a ceiling fan for your comfort. The bathroom sits to the midway point, with a combined bath and shower with full height tiling, a large vanity with storage, and a separately placed WC, while your laundry provides direct garden access, with a linen closet to the hallway.

The vast gabled roof alfresco ensures plentiful opportunity to enjoy an outdoor lifestyle, with views across the garden and more than enough space for gathering a crowd, while a flat roof wraps around the side of the home, allowing sheltered parking from the gated entry. The fully fenced backyard is considerable in size, with a large lawn to enjoy and even room for a poolside retreat, subject to all the necessary approvals of course, while your powered workshop completes the property, with a concrete floor, roller door entry and drive through access.

And the reason why this property is your perfect fit? Because this well-presented and carefully upgraded home offers a peaceful garden setting for family focussed living.

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 enquiries.

Listing description written by Ross Collier, JW Residential — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 1

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

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