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WA › Currambine › Newmarket Retreat

3 Newmarket Retreat, Currambine WA 6028

For saleHouse

$1,295,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,295,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,295,000(Listing record · 26 Aug 2026)
  • FactLand 800 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Currambine (last 5 years) with land size: median $1,788/m² of land (n=122). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 14% above the Currambine median recorded sale ($1,140,000, n=56, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Currambine's advertised median rent ($777/wk), implied gross yield would be 3.12% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,295,000

Asking · $1,619/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Currambine (last 5 years) with land size have a median of $1,788/m² of land (n=122). Districts calculation from recorded sales — not a valuation.

Currambine at a glance

7,505

People

$1,140,000

Median sale

$777/wk

Median rent

3.54%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Currambine report →

Vs Currambine

+13.6%

Median sale

Suburb $1,140,000

-0.42 pp

Gross yield

Suburb 3.54%

Suburb median $1,140,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,295,000
Stamp Duty (Western Australia)
$57,808
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,356,733

$61,733 on top of the price (4.8% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Currambine's advertised median rent — not a rent for this listing.

Net yield
1.62%
Annual cashflow (pre-tax)
$-46,361
Interest cover (DSCR)
0.31
Annual rent
$40,404
Operating expenses
$19,425
Loan amount
$1,036,000
Annual interest
$67,340
Gross yield
3.12%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,295,000available26 Aug 2026

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 800 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 $777/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

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 800 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

Currambine in one glance

Currambine at a glance

7,505

People

$1,140,000

Median sale

$777/wk

Median rent

3.54%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Currambine report →

Keep researching

  • Why Currambine? Read the area thesis →
  • What else is on the market in Currambine →
  • Other records on Newmarket Retreat →

Listing material

Listed by Listed Estate Agents

Parkside Perfection on a Premium 800sqm Block!

Light, bright and brilliant, this inviting 4 bedroom 2 bathroom family haven spreads its wings across an impressive 800sqm (approx.) block within the highly-sought-after “Green View at Fairways Estate”, directly opposite the forever-green backdrop of a beautiful tree-lined park. There’s room for everybody to live, laugh and escape each other when required, while the enormous backyard leaves more than enough space for a future swimming pool, granny flat, workshop or teenager’s retreat, perhaps even a combination, if ambition allows. Double side-access gates make boat, caravan or trailer parking an absolute breeze right now, while exciting potential subdivision changes for blocks of 700sqm or more add another intriguing layer of possibility down the track. Well-designed lots of this size are becoming rarer by the minute, especially with this much flexibility attached. Big land, big ideas and one seriously exciting opportunity, the only difficult part might be deciding what to do with all that space!

WHY YOU SHOULD BUY ME:

• Beyond a lovely entry courtyard that pleasantly faces north and looks out across to the park, a spacious and carpeted front lounge room – with a gas bayonet for heating, makes an instant first impression

Read the full description

• A generous open-plan dining and kitchen area that is central to the floor plan, leaves space for casual meals and boasts a toasty wood-fireplace heater, a breakfast bar, a walk-in pantry and stainless-steel European appliances inclusive of a Miele dishwasher

• A large family room at the back of the house, with its own gas bayonet and split-system air-conditioner for climate control

• A stunning massive insulated aluminium alfresco/patio entertaining area off the family and dining rooms, playing host to a gas bayonet for a barbecue, a bubbling outdoor spa and a new café/shade blind for protection from the elements

• An expansive backyard with lawn for the kids and pets to run around on and several delightful citrus trees in the garden, plus a large powered lock-up workshop shed for all of your tools and toys

• Carpeted bedrooms, inclusive of a spacious front master suite with a walk-in wardrobe, a splendid park vista to wake up to and a fully-tiled and revamped ensuite bathroom

• 2nd/3rd/4th bedrooms with built-in robes, alongside an updated stone-bench laundry with storage, a separate 2nd toilet and access out to the drying courtyard and a fully-tiled main family bathroom with a free-standing bathtub

• A remote-controlled double lock-up carport, preceded by ample driveway and verge parking space

OTHER FEATURES:

• Tinted front windows

• Linen press

• Solar panels

• Ducted-evaporative air-conditioning

• CCTV

• Perimeter alarm

• Security doors and screens

• Gas storage hot-water system

• Reticulation

• Built in 1998 (approx.)

WHAT THE FUTURE HOLDS:

• A premium parkside position opposite beautiful Riversdale Park, metres away from the majestic Joondalup Resort Golf Course and within a handy radius of more parks, Currambine Primary School, Lake Joondalup Baptist College, Francis Jordan Catholic School, Prendiville Catholic College Currambine Central Shopping Centre, Currambine Train Station, the freeway, more shopping at Currambine Village and Lakeside Joondalup Shopping Centre, wonderful community sporting facilities, Joondalup’s medical and tertiary-education facilities, beaches, the exciting Ocean Reef Boat Harbour redevelopment and Mindarie Marina

• Proposed changes by the Western Australian government that would allow owners of R20-zoned residential properties on 700sqm-plus blocks to subdivide (subject to future approvals)

DISTANCE TO:

• Currambine Primary School – 3 minutes (1.7 kilometres approx.)

• Currambine Central – 5 minutes (1.7 kilometres)

• Currambine Village – 4 minutes (2.4 kilometres)

• Currambine Train Station – 5 minutes (2.5 kilometres)

• Joondalup Resort Golf Course entrance – 7 minutes (1.4 kilometres)

• Mindarie Marina – 10 minutes (8.8 kilometres)

• Perth CBD – 33 minutes or 27.8 kilometres (approx.)

This information is for general guidance only, no warranty or representation is made as to its accuracy and should not be relied upon by any interested buying parties nor can the agent or seller be held liable or accountable for any details provided.

Listing description written by Leah Westaway, Listed Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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