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WA › Edgewater › Settler Way

27 Settler Way, Edgewater WA 6027

House

$615,000

Last sold

13 Apr 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

786 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $615,000 (13 Apr 2021).(Recorded sale)
  • FactLand 786 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Edgewater (last 5 years) with land size: median $983/m² of land (n=73). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$615,000

13 Apr 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.

See the full Edgewater report →

Vs Edgewater

-47.0%

Median sale

Suburb $1,161,000

+2.61 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$615,00013 Apr 2021
  2. Listedprice unknowncompleted1 Jan 2001

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 786 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

Official flood overlay has not been retrieved (pending). 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 $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.

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.

1 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 786 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Edgewater in one glance

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.

See the full Edgewater report →

Keep researching

  • Why Edgewater? Read the area thesis →
  • What else is on the market in Edgewater →
  • Other records on Settler Way →

Listing material

Listed by Julie Ormston & Partners

Under Offer

Settle Down Here!

Are all the homes starting to look the same? Want a home with charm and personality, not to mention unique flair? Then call now to view this delightful custom built, split level home on a magical 786m2 corner block. There's no need to compromise on space, comfort or individuality! Enviably positioned in elevated dress circle, this stunning charmer will capture your heart!

3 Bedrooms | 2 Bathrooms | Lounge | Family | Dining/Study | Games

Read the full description

- What a divine location! This tree lined pocket is a perfect slice of Australia. This very friendly neighbourhood feels almost rural.

- Broad wrap around verandahs are screened for privacy by the pretty, water wise garden. Imagine sitting here and enjoying the sunsets.

- Beautifully presented throughout with warm, feel good décor, which will immediately lift your spirits and have you believing you've stepped into a very special country hideaway!

- A clever and spacious floor plan divides this gorgeous home into three distinct zones and will suit a wide variety of Buyers from families to empty nesters.

- The main bedroom enjoys a beautiful vantage point to the lovely small garden, and is fitted with an open, hotel style ensuite and built in robes.

- The sunken formal lounge provides a tranquil place for the adults to relax and unwind. A four-way, gas fireplace is the focal point and the delightful bay has a comfy window seat for you to relax on and enjoy your favourite book. There's even corner cabinetry for your home library or DVD collection.

- The raised dining area has been transformed into a fabulous home office.

- Your clever country kitchen is ideally positioned so that the home chef is not excluded from the fun and is finished with broad granite benches, mobile butcher's block and clever cabinetry. There is a 4 burner Fisher & Paykel gas hotplate, Westingouse electric oven and Bosch dishwasher. Timber lined ceilings enhance the wonderful feel of this welcoming space.

- Entertaining will be a joy here! There is a separate dedicated games room that your whole family will love. The verandah has a decked extension to cater for your large family gatherings.

- Family harmony is assured in the minor wing with 2 well proportioned minor bedrooms with double robes, creating a perfect environment for both young children and teenagers alike.

- The large terraced, corner lot provides ample space for pets and children to play in safety and qualifies under the corner lot redevelopment scheme for potential subdivision.

- The extra height double manual garage has a mezzanine level for your camping gear and Christmas decorations.

Split system air-conditioning to kitchen; insulation - batts; gas storage hot water system; NBN.

- 1983 built on approximately 786m2.

Listing description written by Julie Ormston, Julie Ormston & Partners — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
  • 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.