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WA › Waikiki › Masthead St

30 Masthead St, Waikiki WA 6169

For saleHouse for Sale

$899,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

677 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 6 Aug 2026)
  • FactLand 677 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% above the Waikiki median recorded sale ($838,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Waikiki's advertised median rent ($616/wk), implied gross yield would be 3.56% — 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

$899,000

Asking · $1,328/m² of land

No recorded sale for this property.

Waikiki at a glance

13,590

People

$838,000

Median sale

$616/wk

Median rent

3.82%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Waikiki report →

Vs Waikiki

+7.3%

Median sale

Suburb $838,000

-0.26 pp

Gross yield

Suburb 3.82%

Suburb median $838,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$899,000
Stamp Duty (Western Australia)
$37,414
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
$940,339

$41,339 on top of the price (4.6% 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 Waikiki's advertised median rent — not a rent for this listing.

Net yield
2.06%
Annual cashflow (pre-tax)
$-28,201
Interest cover (DSCR)
0.40
Annual rent
$32,032
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
3.56%

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$899,000available6 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 677 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 $616/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 3.6%. 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 677 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

Waikiki in one glance

Waikiki at a glance

13,590

People

$838,000

Median sale

$616/wk

Median rent

3.82%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Waikiki report →

Keep researching

  • Why Waikiki? Read the area thesis →
  • What else is on the market in Waikiki →
  • Other records on Masthead St →

Listing material

Listed by Century 21 Team Brockhurst

COASTAL CHARM WITH MODERN STYLE

Set on a generous 677sqm block, this beautifully presented 4-bedroom, 2-bathroom home feels authentic. Thoughtfully updated, lovingly maintained and only a short drive from the beach, schools, shops and parks, it strikes that rare balance between looking wonderful and being wonderfully liveable. It's polished, certainly, but not precious. You can admire the styling and still feel comfortable putting your feet up.

Fresh paint and new carpets have given the home a new lease on life, while warm timber floors guide you through the main walkways and into the heart of the home. At the front, the formal lounge and dining room enjoy peaceful views across the garden. It's a lovely spot for entertaining, reading, contemplating the meaning of life or simply enjoying five uninterrupted minutes while the washing machine does its thing.

Beyond that, the home opens up beautifully. The kitchen, dining area, family room and games room come together to create a light-filled space where people can gather, spread out or simply get on with the business of everyday life. The kitchen itself is generous and thoughtfully designed, offering a breakfast bar, dishwasher, gas hotplate and plenty of storage and bench space. It's the sort of kitchen that looks good, works hard and understands that life can sometimes be a little gloriously chaotic.

Read the full description

The main bedroom is quietly tucked away at the front of the home, enjoying leafy views, a walk-in robe and a stylish ensuite. The secondary bedrooms are impressively spacious, and the family bathroom offers a separate shower and bath to soak away the day should you desire to.

FEATURES:

* Formal lounge and dining enjoying lovely views across the front garden

* Generous, open plan family, dining, kitchen and games area

* Peaceful master bedroom complete with walk-in robe and ensuite

* Three spacious secondary bedrooms with built-in storage robe storage

* Modern family bathroom with separate shower and full-sized bath

* Fresh paint, new carpets and beautiful timber flooring throughout

* Ducted evaporative air conditioning providing year-round comfort

* Split system, reverse cycle air conditioning to the formal lounge

* Crimsafe security screens fitted to doors and windows throughout

* Solar panels installed in 2024 to help reduce your energy bills

* Spacious paved alfresco beneath an impressive gabled patio roof

* Easy-care backyard with fruit trees, lawn space and new garden shed

* Double garage with remote-controlled door for private parking

Outside, the large patio creates an inviting space for barbecues, family get-togethers and lazy weekends at home. The gardens strike a nice balance, offering enough lawn for children and pets to enjoy without demanding endless upkeep. Two established weeping mulberry trees, a mature lemon tree and a handy garden shed add another layer of charm and practicality to the property.

And then there's the location. The Waikiki Foreshore is only 1.5 kilometres away, which means salty air, morning walks and sunsets over the water are all part of the bargain. Fantasy Park is just up the road, schools are close by, the shops are handy and Rockingham Hospital and the train station are both within easy reach. In other words, life happens here with a minimum of fuss.

Beautifully put together and wonderfully positioned, this is a home that's ready to be lived in, enjoyed and made part of somebody else's story. Come and have a look. Just don't blame us if you find yourself planning where the furniture will go.

For more information and inspection times contact:

Agent: Josh Brockhurst

Mobile: 0410 490 198

PROPERTY INFORMATION

Council Rates: Not Available

Water Rates: $339.41 per qtr

Block Size: 677 sqm

Building Area: 176 sqm approx.

Zoning: R20

Build Year: 1994

Property Type: House

Floor Plan: Not Available

Estimated Rental Potential:

INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Century 21 Team Brockhurst provides this information without any express or implied warranty as to its accuracy or currency.

Listing description written by Josh Brockhurst, Century 21 Team Brockhurst — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
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.