Joondalup at a glance
10,487
People
$1,000,000
Median sale
$658/wk
Median rent
3.42%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
WA › Joondalup › Nanika Cres
$737,000
Last sold
30 Jan 2022
5
Bedrooms
3
Bathrooms
4
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
Last sold
$737,000
30 Jan 2022 · derived via latest_sale
Joondalup at a glance
10,487
People
$1,000,000
Median sale
$658/wk
Median rent
3.42%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Joondalup
-26.3%
Median sale
Suburb $1,000,000
+1.22 pp
Gross yield
Suburb 3.42%
Suburb median $1,000,000 from 49 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. 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.
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
Joondalup at a glance
10,487
People
$1,000,000
Median sale
$658/wk
Median rent
3.42%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real Estate***Grand Opening this weekend ***
What an amazingly rare find! A beautiful and spacious 4 bed home with 3 separate living zones, enjoying an additional 1-bedroom self-contained home, complete with lounge, dining, kitchen, entertaining area and backyard, as well as its own massive garage accessed through its own driveway!
Opening up so many amazing options - perfect for joint families wanting a granny flat for elderly family members, or for an older child needing independence, a great rental and income earner to give the family budget a boost, a rent-free home office saving time commuting to work, an artist or yoga studio…the options are endless! Or buy the property purely as an investment and rent both homes out separately and enjoy 2 lots of rental income!
What's more, a connecting door between the two properties ( which is currently sealed) can be opened and it becomes one extra-large home offering 5 bedrooms, 3 bathrooms, 4 living areas and 2 kitchens!
What a location too! Sitting on a cul-de-sac street on a very large 820m2 (approx.) block, this home is just 4 houses from beautiful Nanika Park, and handy to sought-after Blue Lake Park and HBF Arena so you can enjoy an active lifestyle with the family! Plus enjoy the best of shopping with Joondalup's huge shopping precinct only a short drive away!
So much to enjoy, so much to gain, all in one property!
Let me walk you through its wonderful features:
Main House:
- Foyer entry leads onto the formal areas on one side and the informal areas on the other
- Formal lounge or theatre room
- Formal dining or study
- Big open plan family, kitchen and dining area stepping through to a huge games room with high ceilings
- Kitchen enjoys views to the backyard
- Family room has a fireplace to cosy up to over winter. Great TV space or kids' corner
- Large games room enjoys a high-pitched ceiling and makes a great lounge, stepping out onto the backyard for easy entertaining
- Large courtyard to enjoy with family and friends or to relax in! Good-sized grassed area
- 4 bedrooms 2 bathrooms; large master bedroom with views and access to the outdoor grassed area. Enjoys an ensuite and a large bank of built-in robes
- Other 3 bedrooms all have built-in robes
- Second bathroom also enjoys a bath
- Large laundry
- Double garage
Granny Flat:
- Spacious 1-bedroom home
- Separate driveway leads to a massive double garage (could almost fit 4 small cars in!)
- Gated entry to the garden and house
- Large open plan lounge, dining and kitchen with a bay window off the dining
- Good-sized bedroom with ensuite and built-in robes.
- Both the living area and bedroom look out onto the garden
Options galore!
- Perfect separate accommodation for older parents or older child/family member wanting independent living
- Great rental to help boost the family income – extra money to spend on holidays, splurge a little, or pay off your mortgage quickly!
- Ideal home office (imagine walking to work in 60 secs!), artist/yoga studio, beauty salon, etc
- If you need a bigger home then there is the option of opening the door between the main house and the granny flat, which is currently sealed
- Or buy the property as an investment and rent both homes out independently and get two lots of rental income!
Opportunities like this are rare as hens' teeth, so be quick for this or it could be a very long time before another similar opportunity comes up – if at all!
***All offers presented Tuesday 1st Feb '22
The sellers reserve the right to accept an offer prior to the end date,
so please don't delay making your offer to avoid missing out on this incredible opportunity***
Listing description written by Namita Mehra, Peard Real Estate — reproduced as published, not verified by Districts.