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 › Garrong Cl
$656,000
Last sold
4 Aug 2023
3
Bedrooms
1
Bathrooms
8
Car spaces
705 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
$656,000
4 Aug 2023 · 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
-43.5%
Median sale
Suburb $1,161,000
+2.27 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 705 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 705 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby 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.
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 JoondalupFor sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.
What a fabulous location! High on the hill at the top of a cul-de-sac with a sneak through to the shops, play park and bus stops! The home is surrounded by the most magnificent trees, carefully worked you should be easily able to preserve the trees AND build a double storey home to get the best vistas. The 705sqm Block has /R20/R40 zoning with 2 cross overs and driveways.
Buyers beware! This property not only meets your needs as a first time buyer; downsizer; split family; investor; retiree; developer but takes the accolade from other lookers too. Don't wait before viewing.
The sellers have been improving on the renovation begun by the previous owners. They have taken the elephant sized bites needed for kitchen and bathroom renos to be done from scratch. The home is a delight to behold. The gardens too have had a significant practical upgrade, being ready to burst into spring in the next few weeks.
The super location is ever present. Take the winding road to the head of the cul-de-sac -it's a long way to the shops. But a sneaky short cut gets you through to the Edgewater shops, cafes, medical centre, bus and play park in an easy few minutes' walk. Cycling will take you past the Lake shores, through the Regional Park and into Joondalup city centre. Stop at where you work? ECU, TAFE, Joondalup Health Campus, Lakeside shopping centre or one of the many growing small businesses in the CBD. That's one car saved, and a healthy transport to work. The kids can take the bus or cycle to schools in this or adjacent suburbs.
Steeped in ancient aboriginal history, with most undiscovered by the general population, Edgewater was an enchanting place to rest and relax with easier living in mind. Now its time to reflect on the past and care about the future, before irreparable change takes place.
View- points; of the whole Lake, the moon and Sunrise; the breathtaking skies at the reflected sunsets; the Ocean and Lake glimpses seen together from a couple of magical spots. All this can be yours, Edgewater is a special place to care for and protect.
The home comprises:
A living area encompassing: lounge/dining, family space including a brand new kitchen, the recently laid flooring is tough and attractive.
A bedroom wing, to the front, with the three bedrooms, all with great carpets, robes and freshly painted, a WOW new bathroom and the laundry. (The photos are worth a thousand words.)
The 705 sqm block R20/40 has plenty of play space to the rear for the small kids and an expansive area adjacent to the end of the cul-de-sac, the latter, everyone uses from time to time as a meet and greet children and neighbours hang out.
The top of the cul-de-sac is at a higher elevation giving good views across the suburb. Noise? The mature trees are alive morning and evening with the feathered residents of Edgewater both large and small. Walking down to the regional park closest to the house you are very likely to see the teenage roos who are looking back at you!
With this property you are not just buying the house you are buying a lifestyle!
See! Sigh! Buy!
The on-line, Openn Negotiation auction gives you a chance for a second look- but only if you are quick in for the first visit!
Listing description written by Helen Anderson, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.