Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
$1,230,000
Last sold
14 Mar 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
1,075 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
$1,230,000
14 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Edgewater (last 5 years) with land size have a median of $983/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Edgewater
+5.9%
Median sale
Suburb $1,161,000
-0.17 pp
Gross yield
Suburb 2.95%
Suburb median $1,161,000 from 13 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 1,075 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 $658/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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 1,075 m² — that is not official geometry.
Nearby development pipeline
Area
Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real EstateWOW this huge family 4x2 or 5x2 home sits majestically high off the street on a huge 1075m2 block with lake views from the pool & patio area and a studio/workshop.
Surrounded by other high-quality homes this really is one of the best, in one of Edgewater's most highly sought after locations.
A beautifully appointed kid friendly and family park is just a hop, skip and a jump away.
An architecturally designed colonial classic home built by award winning builder Don Russell Homes offering large multiple living areas and large bedrooms that will house the largest of families or maybe even two?
This home simply must be viewed to fully appreciate just what is on offer from this stunning home in a stunning location.
FEATURES
• 1075m2 block that has future development potential
• Lake views
• Purposed built and engineered caravan/boat covered parking
• Off street parking
• Larger sized double garage
• Large solar heated salt water custom designed & built below ground pool that is fully fenced. The pool is located to the front and offers lake views
• Grey water shire approved watering system to front gardens that could easily be redesigned to offer large lawned gardens for the kids
• Gardens designed by the creator of Wanneroo Botanical Gardens
• Two solar electrical systems installed to property, a 2.5 kw and a 4.2 kw sized system
• Security alarm system
• Security cameras installed
• Breeze Air ducted evaporate AC installed and split system AC
• Purpose built separate studio/workshop with AC perfect for work from home business or kids retreat or extra living accommodation
• Large garden shed
• Satin Ash hardwood flooring to formal and main family living areas with a Heatseeker gas fire
• Large entrance hallway
• Home insulated with Rockwood insulation
• A working antique street lamp from the city of Amsterdam is erected in the rear gardens
• Formal lounge and dinning to front with high ceilings, quality plaster work and window treatments
• Large master bedroom with patio door and large walk-in robe, split AC system
• Large master ensuite bathroom with double basin vanity unit, large glass enclosed shower with a separate WC powder room
• Stunning modernised large kitchen with quality granite bench tops, splash backs and SS appliances, heaps of bench and clever storage is utilised within its L-shape layout with large pantry
• Kitchen overlooks large & bright family meals/living areas with high ceilings, quality Satin Ash hardwood flooring, Jarrahdale woodburning fire and split system AC unit and offers views over the rear patio entertainment and garden area
• Rear bedrooms and hallway have recently had engineered floating flooring installed throughout, hallway has a large linen robe
• Bedrooms 4, 3 have robes and bedroom 2 does not
• Kids lounge/retreat area could be converted easily into a fifth bedroom
• Laundry fully fitted out offering heaps of practical storage and a sep WC
• Large family bathroom with bath tub, glass enclosed shower and vanity basin unit with storage
• Large two hard paved patio entertainment areas both undercover
• Studio/workshop is located to rear of property and is 7m x 3.4m
• Paved walkways lead you through the secret gardens to the rear of the home with a feature pond and beautifully planted native flowers/shrubs/trees
• Gardens shed hidden away to the rear with paved walkway access to front of the home
This huge quality family home has so much to offer and will be highly sought-after by all family buyers in this prestigious location in today's HOT MARKET!!
The perfect family home in the perfect family location to house your family for years to come.
Then maybe develop the lot in the future to cash in on its location? You decide as this opportunity is very rare!
With smaller quality homes in Edgewater recently selling in the high $900ks to low millions and upwards this home will hopefully set a record for the area?
Call the selling agents today;
TONY MULLEN, TEAM EDGEWATER & PEARD REAL ESTATE 0402020331
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 Tony Mullen, Peard Real Estate — reproduced as published, not verified by Districts.
Nearby 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.