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
$618,000
Last sold
5 Jan 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
735 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
$618,000
5 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Edgewater (last 5 years) with land size have a median of $990/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
-46.8%
Median sale
Suburb $1,161,000
+2.59 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 JoondalupThis spacious family home is set right on the edge of the Lake Joondalup Nature Reserve and offers a chance to immerse yourself in this serene location while living a comfortable and contemporary lifestyle. Whether you're a growing family or an avid entertainer, there is so much to love about this abode.
The layout offers four bedrooms and two bathrooms, with each bedroom equipped with ducted air-conditioning and a ceiling fan. Set at the front of the floorplan is a good-size lounge where you can stretch out and relax in or you could choose to use this space as a media room for family movie night.
The open kitchen and dining area is light-filled and showcases beautiful flooring throughout. The kitchen is newly updated and the home chef is treated to high-quality stainless-steel appliances including a gas stovetop, sleek white cabinetry, stone benchtops and a statement tile splashback.
This dining area connects to the large covered outdoor area, which is complete with fans and a barbeque to make entertaining a comfortable affair all year round. From here, you can take the stairs to the below-ground pool where you can cool down and kick back surrounded by lush and established gardens.
Air-conditioning throughout promises climate-controlled living while the list of additional features includes a double garage and the potential for a third parking spot for storing a caravan, boat or trailer. This must-see home is located in a quiet neighbourhood, with playgrounds only a short walk away plus you're just moments from the bustling heart of Joondalup, Edith Cowan University, Lake Joondalup and a host of amenities.
This property includes, however is not limited to the following features:
- Built in 1994
- 735sqm Block size w/158sqm of living space
- 4 Bedrooms, 2 Bathrooms
- Double Garage w/additional storage & potential third car space (STCA)
- Ducted Air-conditioning
- Gas Bayonet for heating
- Dishwasher included
- Built-in BBQ
- Belowground swimming pool
- 750m walk to ECU Joondalup
- 1.4km walk to Joondalup Tafe
- 2km walk to Lakeside Joondalup
- 2.2km walk to Joondalup Train Station
- 2.3km walk to Joondalup Hospital
- 2.3km walk to Edgewater Train Station
For more information or to arrange your own private inspection, please contact Nick Nesbitt on 0425 851 071 anytime.
Listing description written by Nick Nesbitt, 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.