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 › Lakevalley Dr
$685,000
Last sold
9 Mar 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
829 m²
Land
220 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
$685,000
9 Mar 2021 · 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=73). 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
-41.0%
Median sale
Suburb $1,161,000
+2.05 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 829 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 829 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 Platinum Realty GroupImpressive quality abounds right throughout this stylish and spacious 4 bedroom 2 bathroom single-level home, perched on an extra-large corner – and cul-de-sac – block that enjoys the best of both worlds and offers supreme comfort both inside and out, directly opposite the beautiful Lake Valley Park, its stunning bushland walking trails and a hidden children's playground.
Cleverly renovated with both practicality and functionality in mind, this exemplary family haven plays host to a sunken and carpeted lounge that is reserved for those special occasions and is splendidly overlooked by a formal dining room with seamless outdoor access to a massive two-tiered alfresco-entertaining deck at the rear. Pitched and insulated at the same time, the vast under-cover setting splits two separate backyard lawn areas and takes full advantage of the spectacular backdrop that is a shimmering heated below-ground swimming pool – water-blade features and all.
Back inside, a commodious games room doubles as the home theatre with split-system air-conditioning, gorgeous white plantation window shutters and internal shopper's entry via a double lock-up garage with remote-controlled access doors. Essentially tripling the amount of personal living options available to you is a sunken family room, complete with space for a study nook and its own access out to the back poolside deck. Central to everything, the open-plan kitchen and casual-meals area is classy, plays host to a breakfast bar for quick bites and comprises of double sinks, a storage pantry, an Omega gas cooktop, a Westinghouse Freestyle oven, a Dishlex dishwasher and views out to the pool and yard.
All bedrooms have wardrobes, with a walk-in robe – alongside an intimate ensuite bathroom with a shower, toilet and vanity – setting the large front master suite apart from the rest. You will also love waking up to a sprawling bush vista across the gated front yard where there is plenty of room for a trampoline, too. The kids will have an absolute blast, that's for sure.
Only walking distance separates your front doorstep from picturesque Lake Joondalup, with the sprawling Neil Hawkins Park less than two kilometres away, Edgewater Primary School, Mater Dei College and Lake Joondalup Baptist College all nearby and the likes of Edgewater Shopping Centre, the freeway, the Edgewater and Joondalup Train Stations, Lakeside Joondalup Shopping City, the Edith Cowan University Joondalup Campus, HBF Arena, medical facilities, world-class golf at Joondalup Resort and our pristine northern-suburbs' coastline all so easily accessible within a matter of just minutes. Now this is what you call living!
Other features include, but are not limited to;
• Double security-door front entrance
• Charming brickwork and a gas bayonet to the formal lounge
• Wood-fire heater to the kitchen/meals area
• Carpet to the formal dining room, games/theatre room and bedrooms
• Formal dining-room and alfresco access from the kitchen
• 2nd/3rd/4th bedrooms with BIR's
• Manual window security shutters to the 3rd/4th bedrooms
• Original main family bathroom with a separate shower and bathtub
• Outdoor access from the laundry
• Powder room
• Double linen press
• Low-maintenance timber-look flooring
• 6kW solar power-panel system
• Ducted-evaporative air-conditioning
• Gas hot-water system
• Pitched alfresco that is ready to line
• Heat pump to the pool
• Kid's cubby house in the backyard
• Reticulated lawns
• Garden shed
• Side access to backyard
• Huge 828sqm (approx.) corner block with two separate driveways and ample parking space
• Originally built in 1987 (approx.)
Listing description written by Dee Peacock, Platinum Realty Group — reproduced as published, not verified by Districts.