Heathridge at a glance
7,794
People
$980,000
Median sale
$695/wk
Median rent
3.69%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
WA › Heathridge › Peninsula Ave
$875,000
Last sold
17 Apr 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
684 m²
Land
96 m²
Building
Districts View
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
$875,000
17 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Heathridge (last 5 years) with land size have a median of $1,293/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
Heathridge at a glance
7,794
People
$980,000
Median sale
$695/wk
Median rent
3.69%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Heathridge
-10.7%
Median sale
Suburb $980,000
+0.44 pp
Gross yield
Suburb 3.69%
Suburb median $980,000 from 69 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 684 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 $695/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 684 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
Heathridge at a glance
7,794
People
$980,000
Median sale
$695/wk
Median rent
3.69%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome home to 35 Peninsula Avenue, Heathridge, a well-positioned three-bedroom, one-bathroom residence offering a functional layout with multiple living zones and seamless indoor-outdoor flow. Built in 1978 and set on a generous 684 square metres of land with 96 square metres of internal floorspace, the home is elevated to capture leafy outlooks and added privacy. With expansive outdoor entertaining areas, terraced backyard, and strong rental return already in place, this property presents an outstanding opportunity for both investors and future owner-occupiers.
Submit an enquiry today to secure this fantastic opportunity!
Property Highlights:
• Three-bedroom, one-bathroom home built in 1978
• 684 square metres of land size
• 96 square metres internal floorspace
• Elevated position with outlook across surrounding greenery
• Spacious living area with light filled interiors
• Functional kitchen with gas cooking and ample bench space
• Dedicated dining area adjacent to kitchen
• Well-sized bedrooms with natural light
• Renovated bathroom with modern vanity and glass shower
• Large undercover outdoor entertaining area
• Terraced backyard with multiple usable levels
• Double parking with long driveway access
• External shed for additional storage
Investor Summary:
• Currently leased at $550 per week until June 2026
• Strong holding income with long-term tenant in place
• Estimated market rent: $720 per week
• Positioned on a 684 square metre R20 zoned block
Location Summary:
• Close to local schools, parks, and shopping centres
• Short drive to Lakeside Joondalup Shopping Centre
• Easy access to Mitchell Freeway for commuting
• Nearby public transport options
• Approx. 5–10 minutes to coastline and beaches
• Surrounded by established residential homes in a quiet street
Why you will love it:
This home offers space, elevation, and versatility on a large block, creating the perfect balance between lifestyle and investment. With multiple outdoor zones, a functional internal layout, and strong rental income secured, it provides immediate return with future potential to enhance or personalise.
Contact the HouseSmart team today to arrange your inspection. Note: First access to the property is the scheduled home open. There will not be any private / prior viewings.
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.