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.
WA › Edgewater › Edgewater Dr
$740,000
Last sold
29 Aug 2022
4
Bedrooms
2
Bathrooms
5
Car spaces
735 m²
Land
195 m²
Building
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
$740,000
29 Aug 2022 · 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
-36.3%
Median sale
Suburb $1,161,000
+1.67 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 735 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 735 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 Harcourts Alliance JoondalupWelcome to this quality, Peter Stannard built, family home. With over 195sqm (approx.) floor plan and no expense spared in 1988, this home has weathered the elements, the family and the locals (roos) over the years and is still smiling! Located on the quietest part of Edgewater Drive, directly opposite the Yellagonga Park- original homes of this quality rarely come onto the market in Edgewater. Well- loved and well maintained, you can use your skills to modernise the cosmetic elements of the home, to produce a spectacular 2025 style result.
The four bedrooms, all with double robes are separated into master- at the front of the home behind the carport and minor bedroom wing- through the multipurpose room. The master has a tasteful bay window and a huge ensuite with separate WC and incorporating the extensive robe. The minor bedroom wing incorporates the main bathroom and laundry. Ideal for families with children coming into their teenage years or shift workers.
There are three differing, generous living areas: the lounge /dining to the front of the home with its open fireplace and views to the Regional Park: the multipurpose room a generous space to the back of the home with access to the patio; home theatre?, games room? sewing room? Office? or a mixture of all: the third living space is the piece de resistance, with kitchen, meals, and family room- all under the same beautiful raked ceiling, the myriad of windows giving it that light, bright, glad to be alive feeling.
The patio is covered with a wooden well- built A frame style pergola covered with opaque, translucent, waterproof material. This extensive area will take care of all your outdoor entertaining needs. The gardens are mature, easy care, delightful areas to rest and relax. The landscaper has taken many different shrubs of differing colours and melded them into a truly magnificent sight.
The house is set on a 735sqm block taking advantage of a slight rise off the road to ensure it "stands well". The double carport is now virtually enclosed with a garage door and side door for easy access to the front door. The roof has solar panels and a solar Hot Water System making for a more sustainable home. The home has two reverse cycle split system A/C and gas points for heating. The ceiling has insulation.
Edgewater is situated in a prime location close to Joondalup City, whist having all the advantages of a country feel with the Lake Joondalup as one of its boundaries. There is a wealth of bird life including the endangered Carnaby's Cockatoo in the area plus the animals in the regional park,(includes the endangered long necked turtle) with a viable mob of Kangaroos who have embraced the Edgewater suburb as their home over the years. The easy access to the institutions in the city of Joondalup ECU, TAFE, Police College, Major teaching hospital at Joondalup Health Campus, plus Edgewater train station and freeway access at Ocean Reef road or Hodges Drive has made Edgewater a prime choice for many people to live. The Beaches are only 10 minutes away by car and shopping by train, bus or even walking is an easy 10 minutes away.
See -sigh put in a bid and BUY!!
• Four bedrooms, all with double robes. Two bathrooms.
• Beautiful light, bright kitchen/meals/family area with raked ceilings
• Formal lounge/dining with open hearth and windows looking to the park.
• Sizeable "games room" which has always been a multifunction room..patio access.
• Magnificent stained glass window to the front door panel.
• Extensive under cover patio for all your entertaining.
• Mature gardens with delightful, easy care multi-coloured shrubs.
• Double, near fully enclosed, carport.
• Reverse cycle A/C x2, solar panels for electricity and solar HWS.
• Ace quiet location, apart from the birds! Walk to Joondalup or take the CAT, Close to ECU
• Cycle to Hospital, TAFE, Police College. Engulfed in nature -yet close to the City.
Listing description written by Helen Anderson, Harcourts Alliance Joondalup — 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.