City Beach at a glance
7,443
People
$4,425,000
Median sale
$1,275/wk
Median rent
1.50%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
WA › City Beach › Hovea Cres
4
Bedrooms
3
Bathrooms
2
Car spaces
1,315 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in City Beach (last 5 years) with land size have a median of $4,348/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
City Beach at a glance
7,443
People
$4,425,000
Median sale
$1,275/wk
Median rent
1.50%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
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 1,315 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 $1,275/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 1,315 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.
Nearby
Area
City Beach at a glance
7,443
People
$4,425,000
Median sale
$1,275/wk
Median rent
1.50%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Excellence Property SpecialistsDesigned by Michael Lyons and perched on the massiveness of a vast landholding, this beach house offers a contemporary haven perfectly suited to the City Beach lifestyle.
The Location: in the heart of Old Central City Beach
Just across the beach restaurants and City Beach oval, in walking distance to Empire Village shopping centre and City Beach primary school, within the catchment area of Shenton College, and very close to Wembley Golf Course, old Central City Beach is among the most sought after property destinations in the Western suburbs.
The Property: Designer's signature home on 1,315 sqm!
- Only 1.6% of all City Beach properties have a block size similar to or bigger than that of 32 Hovea Cr.
- A minimalistic home, incorporating the most important and sought-after design elements every contemporary home should have: Space - Light - Views!
- 3 outdoor living/dining areas, 2 spacious indoor living spaces, king-size bedrooms, and 3 levels comprise the "dream home" that everyone would wish to have!
- On the top floor, 90 sqm of pure living space is embraced by a 120 sqm (!) balcony mastering incomparable ocean views and includes 2 alfresco, an outdoor lounge, a commercial grade BBQ the outdoor kitchen with a woodfire pizza oven, and the private, outdoor dinning area.
- At the "heart" of the house, the substantial kitchen extends to a very spacious scullery where the daily shopping is carried tirelessly from the garage at the push of a button, thanks to the dumbwaiter shopping lift. The high kitchen standards are complemented by European appliances, the zip tap serving cold and sparkling water, and the 90 cm induction cooktop.
- The ground floor is surrounded by the vastness of the lavish garden with a variety of trees, flowers, and well-hedged bushes next to the swimming pool and the "beach deck" with the sunbeds. The 50 sqm of the decked terrace become one with the ground floor living room and comprise a total of 90 sqm of indoor-outdoor entertainment area next to the garden, ideal for parties and multigenerational gatherings.
- The proportions of the bedrooms are also very rare: 55 sqm master suite with an oak feature wall, a 12 sqm walk-in dressing room, and a luxurious en-suite with a freestanding bath and double walk-in shower. 3 more king-size bedrooms, 2 with walk-in robes, and a "Jack and Jill" ensuite bathroom.
- At the lowest level of the property, everything is on a high scale as well. A 50 sqm garage having exceptionally high ceilings too and a 30 sqm storeroom ensure that even the most active families will never run short of space for their sports and hobbies gear.
The Opportunity:
One of the rare times, that space, views, and design blend harmoniously under the signature of a distinguished architect in an extremely sought-after location.
AN OPPORTUNITY THAT WILL NOT LAST FOR LONG!
(Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent)
Listing description written by Vangelis Katsaitis, Excellence Property Specialists — reproduced as published, not verified by Districts.