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.
WA › Waikiki › Mirror Cove
$700,000
For sale
Asking
5
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
$700,000
Asking
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.
Vs Waikiki
-16.5%
Median sale
Suburb $838,000
+0.76 pp
Gross yield
Suburb 3.82%
Suburb median $838,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$31,190 on top of the price (4.5% extra)
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.
Pre-filled with Waikiki's advertised median rent — not a rent for this listing.
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.
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. 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 $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.
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.
Gross yield if leased at the suburb aggregate is 4.6%. 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
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.
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
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.
Listing material
Listed by Modern REPerfectly positioned in a quiet cul-de-sac just steps from Fantasy Park, this 5-bedroom, 2-bathroom home offers generous living spaces, modern comforts, and a relaxed, family-friendly lifestyle. Sitting on a 700sqm block, it features multiple living zones, a large alfresco, and a sparkling backyard pool-ideal for entertaining or unwinding in your own private retreat.
Inside, the 262sqm layout offers a flexible floor plan with a private master suite, along with four additional well-sized bedrooms thoughtfully positioned around the fully equipped family bathroom, separate WC, and laundry for ultimate convenience.
The master bedroom serves as a peaceful retreat providing a sense of privacy with its spacious walk-in robe and modern ensuite. It's the perfect space to relax and unwind after a long day, offering both comfort and functionality in a tranquil setting. The remaining four bedrooms are well-proportioned, each benefitting from carpeted flooring, ceiling fans, window shutters, and built-in robes for comfort. These rooms are filled with natural light, making them ideal for children or guests.
The open-plan living area is the heart of the home, designed for effortless family living and entertaining. The well-appointed kitchen overlooks the family and games room ensuring the chef can be part of the conversation while preparing meals. It boasts ample cabinetry, modern appliances, and a large bench top ideal for meal prep or casual dining.
From this central hub, step out to the alfresco area, where you can entertain guests or enjoy quiet outdoor living. The expansive undercover patio wraps around the rear and side of the house, offering multiple areas to relax or dine while taking in the beautifully landscaped garden and pool area. With bore reticulation in place, the yard is easy to maintain, so you can spend more time enjoying the space than working on it.
Located just a short walk from Fantasy Park, this home provides the ideal family environment, with easy access to shopping, schools, and public transport, making it a perfect spot for those seeking peace and convenience in a highly sought-after area.
Other features include but are not limited to:
-Master suite with private ensuite and built-in walk-in robe
-Built-in robes in all minor bedrooms
-Ceiling fans
-Separate laundry
-Backyard pool
-Double garage with space for 2 cars
-Spacious 700sqm (approx.) block
ALL OFFERS PRESENTED ON 5TH OF MARCH 2025 (Unless Sold Prior)
The seller reserves the right to accept an offer prior to the closing date without notice.
Disclaimer: This information is provided for general information purposes and reference only. It is based on information provided by the Seller and may be subject to change and/or further enquiry. No warranty or representation is made as to its accuracy and interested parties should make their own independent enquiries.
Listing description written by Tim Brayshaw, Modern RE — reproduced as published, not verified by Districts.
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