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WA › Joondalup › Elskie Rise

4 Elskie Rise, Joondalup WA 6027

House

$490,000

Last sold

28 June 2021

3

Bedrooms

1

Bathrooms

1

Car spaces

661 m²

Land

112 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $490,000 (28 June 2021).(Recorded sale)
  • CalculationLand 661 m² against a 112 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Joondalup (last 5 years) with land size: median $1,671/m² of land (n=39). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$490,000

28 June 2021 · derived via latest_sale

Local land rate: recorded House sales in Joondalup (last 5 years) with land size have a median of $1,671/m² of land (n=39). Districts calculation from recorded sales — not a valuation.

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.

See the full Joondalup report →

Vs Joondalup

-51.0%

Median sale

Suburb $1,000,000

+3.56 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 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$490,00028 June 2021
  2. Listedprice unknowncompleted1 June 2021

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 661 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 $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.

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 661 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

Joondalup in one glance

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.

See the full Joondalup report →

Keep researching

  • Why Joondalup? Read the area thesis →
  • What else is on the market in Joondalup →
  • Other records on Elskie Rise →

Listing material

Listed by Peard Real Estate Property Management

UNDER OFFER

OFFERS PRESENTED BY 24/5/21 BUT CAN BE SOLD PRIOR

A Quiet Achiever!

A serene cul-de-sac location is the fitting setting for this delightful 3 bedroom 1 bathroom home that has a leafy frontage and doubles as a fantastic starter property in a wonderful position, close to it all.

Read the full description

Low-maintenance timber-look flooring graces a welcoming formal front lounge and dining room with a gorgeous bay window, whilst the open-plan kitchen, meals and family area is neatly tiled for easy-care living. The kitchen itself plays host to a breakfast bar for quick bites, an electric cooktop, a newly-fitted Westinghouse oven and a stainless-steel dishwasher of the same brand.

Seamless outdoor access to a huge 50sqm (approx.) entertaining patio at the rear is simply an added bonus, with spacious backyard lawns complemented by a sandpit and cubby house for the kids, plenty of trees and shade, heaps of room for a future swimming pool and a massive 27sqm (approx.) powered lock-up workshop shed with a roller door to secure all of your expensive tools. Back inside, a newly-renovated bathroom is fully tiled and boasts a deep bathtub, feature rain shower head and twin stone vanities. All three bedrooms are carpeted for complete comfort - the master being the largest of them and comprising of two sets of "his and hers" built-in double wardrobes for good measure.

WHAT'S INSIDE:

3 bedrooms, 1 revamped bathroom

Formal lounge and dining room

Open-plan family/meals/kitchen area with patio and yard access

Large master bedroom

2nd bedroom with built-in robes

Large laundry with a new cistern to its separate toilet, plus external access to the rear

WHAT'S OUTSIDE:

Spacious patio-entertaining area

Sandpit and cubby house for the kids

Plenty of room for a future swimming pool within the backyard

Single lock-up carport with drive-through access for a second vehicle to park at the rear

Huge powered workshop shed

SPECIAL FEATURES:

Freshly painted

Linen press

1.5kW solar power-panel system

Ducted reverse-cycle air-conditioning

Security-alarm system

New feature LED down lights

Skirting boards

New electric hot-water system

NBN internet connectivity

661sqm (approx.) block with side access and ample driveway parking space

Built in 1989 (approx.)

Stroll to the stunning Manapouri Park around the corner and Joondalup Primary School in the other direction, with the Wanneroo Botanic Gardens and Mini Golf complex, Candlewood Village Shopping Centre, Currambine Train Station, the freeway, Lake Joondalup Baptist College and the HBF Arena all nearby. Also in very close proximity are pristine northern beaches, the Joondalup Health Campus, tertiary education facilities, Lakeside Joondalup Shopping Centre, community amenities and more. What a spot!

Please contact RODNEY VINES on 0417 917 640 for further details and to register your interest today.

Listing description written by Rodney Vines, Peard Real Estate Property Management — reproduced as published, not verified by Districts.

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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.