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
$645,000
Last sold
10 Feb 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
779 m²
Land
214 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
$645,000
10 Feb 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
-44.4%
Median sale
Suburb $1,161,000
+2.35 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 779 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 779 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 Julie Ormston & PartnersEntertainer's Delight!
If entertaining in style is how you envisage life in your next home, look no further because this just might just be the one for you! Sitting pretty on a huge 779m2 block, this surprising and unique family home is light, bright and oozes WOW FACTOR. Brimming with personality and potential, which must be seen to be fully appreciated.
Boasting a well thought out, family friendly floorplan that offers fantastic separation and plenty of space to relax and entertain in, there is truly something here for everyone. Take advantage of the OPPORTUNITY to secure YOUR piece of this sought after suburb! Call us today to arrange your viewing!
4/5 Bedrooms | 2 Bathrooms | Formal Lounge | Formal Dining | Games | Sunroom | 2x Patios | Pool | Workshop | Garage
Features You'll Love:
- Privately positioned at the front of the home, the main bedroom is a lovely, peaceful space which has a walk-in robe and hotel style en-suite with a Balinese flavour.
- The light filled formal dining and lounge rooms also sit at the front of the home, and provide excellent versatility. A parents retreat? A theatre room? A home office? The possibilities are endless!
- The galley style kitchen sits at the heart of the home and overlooks the open plan living areas. Featuring granite countertops, breakfast bar, 900mm kitchen appliances and plenty of storage space. The kitchen spills onto a custom built bar area, so you can entertain in style whilst keeping the bench space free for meal preparation.
- Wrap around floor to ceiling windows provide the open plan family, meals, kitchen and games rooms with an abundance of natural light. Combine that with the soaring vaulted ceilings that feature in this space, and you get a real show stopper area that will be the envy of your family and friends.
- Bedrooms 2, 3 and 4 sit in a separate wing, creating family harmony. Bedrooms 2 and 3 both feature built in robes and all bedrooms have wood-look vinyl flooring.
- The family bathroom features a bath, shower and modernised vanity. The toilet is positioned separately which will make getting the kids ready for school in the morning just that little bit easier.
- The home handyman will love the large, powered workshop at the front of the property! There is also a shed located behind the workshop which has a Foxtel point ready to go, so you could turn this area into the complete man cave.
- This property doesn't have just one patio... it has two! One of these areas is positioned to the side of the property, and would make a fantastic area for the kids to play. The second area is located at the rear of the property, overlooking the sparkling below ground pool.
- Rear access via double height roller door provides secure parking for a caravan or commercial vehicle. Broad 26m frontage provides ample off street parking.
- Extras include: Gas log feature fireplace in family room, 2x split system air conditioners plus evaporative air conditioning, gas storage hot water.
- Built in 1986 on 779m2 R20 zoned block.
Great places nearby:
- Lake Valley Park
- Picnic Cove Park
- Emerald Park
- Edith Cowan University
- Joondalup Shopping Precinct
- Joondalup Health Campus
- Edgewater Train Station
Listing description written by Julie Ormston, Julie Ormston & Partners — reproduced as published, not verified by Districts.