Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Edgewater › Settler Way

4 Settler Way, Edgewater WA 6027

House

3

Bedrooms

2

Bathrooms

2

Car spaces

754 m²

Land

171 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 754 m² against a 171 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Edgewater (last 5 years) with land size: median $983/m² of land (n=73). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Edgewater (last 5 years) with land size have a median of $983/m² of land (n=73). Districts calculation from recorded sales — not a valuation.

Edgewater at a glance

5,238

People

$1,161,000

Median sale

$658/wk

Median rent

2.95%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Edgewater report →

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. Soldprice unknown27 Jan 2025
  2. Listedprice unknowncompleted27 Nov 2024

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 754 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 754 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

Edgewater in one glance

Edgewater at a glance

5,238

People

$1,161,000

Median sale

$658/wk

Median rent

2.95%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Edgewater report →

Keep researching

  • Why Edgewater? Read the area thesis →
  • What else is on the market in Edgewater →
  • Other records on Settler Way →

Listing material

Listed by Ray White North Quays - Sorrento

UNDER OFFER BY SANGITA FORREST 0424 088 058

You'll be settled for life at Settler Way!

All Offers Presented by RESO Online Campaign. Please scan the QR Code to make your online offer (see last image).

This beautifully presented three bedroom home occupies an ideal location combining serenity and urban convenience in one neat and tidy package.

Read the full description

Sangita Forrest is proud to present 4 Settler Way, Edgewater.

Boasting a charming interior with sunlit formal lounging, open plan living complete with high ceilings, and a versatile games room providing seamless connections to the outdoor entertaining, it's the perfect set up for a relaxing family abode. Enjoy summer days poolside under the patio, and take time to slow down in the evenings to admire the tranquility.

The spacious master bedroom displays garden views and sliding door access to the patio, whilst the minor bedrooms enjoy their own wardrobe storage and share the family bathroom.

Walking distance to fantastic schools, public transport, and close to large shopping centres, freeway access, parks and much more, this super accessible location is second to none.

Property features:

• Three bedroom, two bathroom home on generous 754sqm block

• Neat and tidy frontage with double security door entry

• Sunlit formal lounging with beautiful bay window

• Large master bedroom with an ensuite, his and her built-in wardrobes, a ceiling fan and sliding door leading to the private courtyard

• Open plan living with high ceilings, airy skylight, ceiling fan and gas fireplace connected to the mains

• Quality kitchen complete with a dishwasher, gas stovetop and electric oven, plus views over the pool and outdoor patio

• Sparkling pool with room for sun loungers

• Dining /Games room with a timber-lined ceiling and easy flow to the outdoor entertaining

• Two good sized minor bedrooms with built-in robes

• Bedroom 3 features a ceiling fan and TV point

• Main bathroom with a bathtub and shower

• Separate toilet off the large laundry that boasts ample storage

• Secure double carport

• Ducted evaporative air conditioning throughout

• Gas hotwater storage system

• Fully reticulated beautiful gardens

• Security alarm

• Additional parking for a boat, caravan or trailer

Location features:

• Walking distance to Edgewater Primary School and Mater Dei College

• Minutes from the huge Lakeside Joondalup Shopping Centre with all amenities and creature comforts

• Walking distance to public transport access and easy access to the freeway for commuters

• Close to many parks and Lake Joondalup with Yellagonga National Park with popular walking trails

What's it worth to you? Call Sangita Forrest on 0424 088 058.

THE FOLLOWING ARE THE SCHEDULED DATES & TIMES WHEN ALL OFFERS WILL BE RANKED. THIS WILL PROVIDE YOU WITH CLARITY ON WHERE YOUR OFFER SITS ON THE LADDER.

***PLEASE NOTE THESE ARE NOT HOME OPEN TIMES***

Monday 02nd December at 2pm

Friday 6th December at 2pm

Monday 9th December at 2pm

Online offers close Monday 9th December at 4pm

**The seller reserves the right to accept an offer prior to the closing date**

Listing description written by Sangita Forrest, Ray White North Quays - Sorrento — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.