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WA › Waikiki › Carmody Rd

38 Carmody Rd, Waikiki WA 6169

House

$630,000

Last sold

19 Aug 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

711 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $630,000 (19 Aug 2025).(Recorded sale)
  • FactLand 711 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Waikiki (last 5 years) with land size: median $1,245/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$630,000

19 Aug 2025 · derived via latest_sale

Local land rate: recorded House sales in Waikiki (last 5 years) with land size have a median of $1,245/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

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

-24.8%

Median sale

Suburb $838,000

+1.26 pp

Gross yield

Suburb 3.82%

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

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. Sold$630,00019 Aug 2025
  2. Listedprice unknowncompleted23 July 2025

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 711 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

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

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 711 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 Carmody Rd →

Listing material

Listed by JW Residential

Why: Because this well-placed property offers an easy care interior layout, with an oversized backyard to enjoy

What: A 3 bedroom, 1 bathroom home with plenty of opportunity to update, plus a drive through carport and large garden surrounds

When: Location meets potential for laid back living

Where: Centrally placed for complete convenience, with shopping, schooling and parkland all close by

Read the full description

Placed within a peaceful street just moments from parkland and walking distance to schooling, this 3 bedroom, 1 bathroom home offers a wealth of opportunity throughout, with the spacious 711sqm block providing a relaxed garden setting that is sure to appeal to many. Inside the property, you have a choice of living areas including a comfortable lounge and your open plan dining and kitchen space, with all three bedrooms and the bathroom contained within their own section for peace and quiet, while the gardens offer a patio for outdoor living and plenty of lawn for play. Positioned perfectly for family life, the vast Charnley Reserve is a short stroll away, providing extensive greenspace for the children or pets to enjoy, while the East Waikiki Primary School sits equally nearby. And the local shopping centre is easily within reach, with convenient travel connections including bus, train and road links, ensuring a central setting, with all the day-to-day essentials close at hand.

Lawned to the front with an established palm for added appeal, a lengthy driveway provides plenty of parking potential before the secure single carport, with raised garden beds bordering the front door for a welcoming entry inside. Leading directly into your open plan living areas, a comfortable lounge sits to the right, with timber effect flooring, an effective reverse cycle air conditioning unit and cooling ceiling fan, with the tiled entry offering a warming fire, and plenty of space to relax. Beyond here your kitchen and dining area provide direct access through to the garden and alfresco, with tiled flooring and an open layout for ease of use, while the kitchen offers a freestanding oven, with under bench cabinetry and a corner countertop.

The laundry nestled off the kitchen, with open shelving and sliding door access to the exterior. And your three bedrooms are placed to the left side of the home, with timber effect flooring to all, and a choice between robe recesses to two and a walk-in robe to one, while the bathroom is placed to the midway point, with a separate WC for convenience and a linen closet for storage.

Moving outside and a vast and sheltered patio extends the rear of the home, with paving to the floors that continues around the corner and leads to the drive through carport. The backyard is generously proportioned, with plenty of lawn to enjoy, and various plants and trees to the border, including the fruiting variety, with a secondary shelter to the far corner providing another space to sit, plus a large shed for storage and a solar panel system for efficiency.

And the reason why this property is your perfect fit? Because this well-placed property offers plenty of potential to update and upgrade throughout to create the complete package.

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Nikki de Rijcke, JW Residential — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 1
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.