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WA › Waikiki › Corvette Cl

4 Corvette Cl, Waikiki WA 6169

For saleHouse for Sale

$859,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

689 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $859,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $859,000(Listing record · 10 July 2026)
  • CalculationAsk is 3% above the Waikiki median recorded sale ($838,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Waikiki's advertised median rent ($616/wk), implied gross yield would be 3.73% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$859,000

Asking · $1,247/m² of land

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.

See the full Waikiki report →

Vs Waikiki

+2.5%

Median sale

Suburb $838,000

-0.09 pp

Gross yield

Suburb 3.82%

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

Total cost to purchase

Purchase Price
$859,000
Stamp Duty (Western Australia)
$35,354
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$898,279

$39,279 on top of the price (4.6% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Waikiki's advertised median rent — not a rent for this listing.

Net yield
2.23%
Annual cashflow (pre-tax)
$-25,521
Interest cover (DSCR)
0.43
Annual rent
$32,032
Operating expenses
$12,885
Loan amount
$687,200
Annual interest
$44,668
Gross yield
3.73%

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.

Open the full yield calculator →

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. Listed$859,000available10 July 2026

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 689 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

Gross yield if leased at the suburb aggregate is 3.7%. 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

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 689 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 Corvette Cl →

Listing material

Listed by JW Residential

Why: Offering laid back family convenience, this spacious property offers a central coastal setting with an added workshop for appeal

What: A 4 bedroom, 2 bathroom family home with spacious living areas, a huge alfresco for entertaining and both an extended carport for multiple vehicles and a powered workshop

Who: Families or investors seeking a low maintenance design with space and location combined

Where: Moments from a sweeping parkland and walking distance to the ocean, with all the daily necessities close at hand

Read the full description

Placed within a quiet cul-de-sac just a short stroll from your choice of parkland or coastline, this premium location offers a central and inviting position for family living, with an easy care 689sqm block to enjoy. Your sweeping floorplan provides a range of relaxation across a multitude of living areas, including a formal lounge and dining or activity space to the front. A vast open plan family room with living, dining and games sits adjacent to the standout kitchen, with a generous alfresco providing outdoor entertaining and ample space to gather friends and unwind. All four bedrooms are well-spaced for comfort, with both bathrooms fully equipped and placed for ease of use, while your backyard blends both lawn and paving for a minimal maintenance design. And a variety of sought after extras add to the appeal including a large, powered workshop, a double carport with a sheltered extension beyond for additional parking and solar panels for efficiency. Located just a quick walk from the epic Fantasy Park, you have endless greenspace and play equipment just moments away, with the sensational coastline easily within reach for exceptional lifestyle appeal. A variety of schooling and childcare is placed to the surrounds, with seamless transport links and a choice of shopping and dining throughout.

A lawned front garden sits before the property, with a brick paved driveway that extends to your secure carport, before branching off to form a walkway to the home via planted garden beds and a sheltered porch on entry. Electric roller shutters are placed to the front windows for peace and privacy within, and once inside, a tiled hallway sits beyond your dual front doors, with firstly your lounge and dining or activity space to the left. Split across two levels, you have carpet to the lower and timber flooring to the upper platform, with a variety of uses including a study space or play area for the children. Your master suite is placed opposite, with timber effect flooring, a large corner window for natural lighting and a walk-in robe, with the ensuite equipped with a shower unit, vanity and WC. Your further three bedrooms sit within a private section to the rear, with all benefitting from built-in robes and timber effect flooring, while the central bathroom ensures convenience with a bath, shower and vanity, plus separate powder room next door. And your laundry offers both cabinetry and counter space with direct exterior access for drying.

Your open plan family zone is a welcoming and generous option for comfortable relaxation or entertaining, with tiled flooring and room for living and dining around the kitchen, before the sunken games room beyond. A ducted dual air conditioning system provides evaporative cooling and gas heating across the entire residence. While sliding doors provide a continuous flow between your interior and the spacious alfresco and gardens to the rear. The kitchen is placed centrally as the heart of the space and offers a striking modern design, with stone benchtops, an in-built 900mm oven, induction cooktop and rangehood, with extensive cabinetry throughout, while a freestanding island offers a breakfast bar setting.

Stepping outside and your gabled roof alfresco provides a substantial and inviting space to gather a crowd, with paved flooring that extends around the home and into the garden. While your carport is gated from the patio, with a sheltered extension ensuring additional parking or storage within. The backyard combines both lawn and that aforementioned paving, with garden beds to the fenceline for added greenery, while a bore provides reticulation to both the front and back gardens for ease of upkeep throughout. And finally, a large, powered workshop is placed within the rear yard, with roller door entry and plenty of room for storage or workspace throughout.

And the reason why this property is your perfect fit? Because this premium position offers much-loved coastal convenience, with the residence overflowing with laid back comfort for all.

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

  • Ensuites: 1
  • Living Areas: 3
  • Toilets: 2
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.