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WA › Waikiki › Masthead St

21 Masthead St, Waikiki WA 6169

House

$955,000

Last sold

30 July 2026

5

Bedrooms

2

Bathrooms

3

Car spaces

639 m²

Land

200 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 $955,000 (30 July 2026).(Recorded sale)
  • CalculationRecorded House sales in Waikiki (last 5 years) with land size: median $1,239/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Residential (1) under the ROCKINGHAM.(Landgate SLIP · 31 Aug 2026)

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?

No verification items generated for this record.

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

$955,000

30 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Waikiki (last 5 years) with land size have a median of $1,239/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

+14.0%

Median sale

Suburb $838,000

-0.47 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 scheme

ROCKINGHAM

Zone

Residential

1

Jurisdiction

Rockingham

Rockingham, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1676861

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 detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$955,00030 July 2026
  2. Listedprice unknowncompleted9 June 2026
  3. Listedprice unknowncompleted9 June 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 639 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

Flood overlay has not been queried for this lot. 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.

2 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 639 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?

    Knownmedium

    Official parcel about 640 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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 Masthead St →

Listing material

Listed by JW Residential

Why: Overflowing with appeal, this spacious and inviting residence offers carefully created comfort, with a prime location for central convenience

What: A 5 bedroom, 2 bathroom home with modern updates, generous living options and a variety of parking including a double garage, separate hardstand and side access

Who: Families or investors in search of a central and well-spaced setting

Where: Placed upon a 639sqm block just a few steps from the incredible Fantasy Park, offering endless greenspace and play equipment to enjoy, with retail and education facilities on hand, multiple transport links and the coastline easily within reach

Read the full description

Ideally located with the immensely popular Fantasy Park to the end of the street, this beautiful family residence offers a variety of living options across its 200sqm interior, with complete flexibility and comfort throughout. Offering 5 bedrooms within, you have 2 expertly renovated bathrooms for modern living, while for relaxation a formal lounge sits to the front of the home, with a separate theatre space or activity area and a large open plan living, dining and kitchen beyond. A sheltered alfresco extends to the side of the home for exterior entertaining, while the gardens are well-maintained and easy care in their design. A double garage offers a rear roller door for entry throughout, with access for the vehicles to the side, while a substantial hardstand sits to the front of the home for parking the boat or caravan. Situated within a central coastal position, you are well-placed for laid back living, with schooling within walking distance and Waikiki Village Shopping Centre easily within reach. The train station is also nearby for those seeking convenient daily travel, with road and bus connections available, while for your recreational enjoyment, the epic parkland and breathtaking beaches offer unlimited leisure appeal that is sure to interest many.

A paved driveway leads to your double remote garage for securely parking the vehicles, with a large concrete hardstand positioned in front of the home for additional cars, the boat or caravan. A secondary roller door sits beside the garage to offer drive through access to the backyard, while the front garden is super low maintenance with a small area of lawn and planted beds before the home. A sheltered portico is placed before the front door, with security screening for peace of mind, and once inside you enter directly to your tiled foyer. To the right sits your spacious formal lounge, with carpet underfoot, a cooling ceiling fan and the ducted air conditioning that benefits the entire residence, while 2 of your 5 bedrooms are placed to the left. The master suite sits to the front of the home with a large window to the gardens, an overhead fan and a full height triple robe for storage. While the ensuite has been completely renovated with floor to ceiling tiling, a glass shower enclosure, modern vanity and WC.

A linen closet is placed to the hallway for storage, with the first of your minor bedrooms positioned opposite, and furnished with the continuous carpet that flows throughout and another ceiling fan, while its proximity to the master suite makes its ideal as a nursery or even a home office if preferred. A doorway allows the front of the home to be closed off from the further living options beyond, with firstly your theatre space or activity area to the left, with carpet underfoot, an overhead fan and an open flow for comfort. Your kitchen overlooks your tiled family living and dining area, with a large breakfast bar to divide the space, whilst still allowing for entertaining between, with a corner walk-in pantry, ample cabinetry and built-in stainless-steel appliances, including a wall oven, gas cooktop and rangehood.

Your further three bedrooms are placed to the rear of the home, with another doorway to ensure peaceful sleeping conditions throughout. While all three bedrooms are carpeted underfoot, with built-in double robes and ceiling fans included. The main bathroom has again been updated to that luxurious standard, with the same full height tiling, plus a glass shower enclosure, deep seated bath and vanity. A private WC is placed next door, with the laundry offering both cabinetry and counter space, with linen storage both within the room and to the hallway beyond, while direct access to the paved side of the home ensures ease of drying.

Sliding doors from your main living area lead directly to your sheltered alfresco that covers the side of the home, creating an inviting and substantially sized setting to unwind at days end, or enjoy with friends. The rear roller door from the garage offers access between, with the paving extending along the side and to that secondary roller door for additional parking and access. The backyard is lawned, with fencing to the perimeter and a curved garden bed to the border, while a bore ensures ease of upkeep throughout. And finally, a garden shed provides added stowage, with a solar panel system installed for energy efficiency.

And the reason why this property is your perfect fit? Because the premium setting and spacious living options provide an appealing residence for families to enjoy.

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

  • Ensuites: 1
  • Living Areas: 3
  • 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.