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WA › Eglinton › Lorikeet Approach

41 Lorikeet Approach, Eglinton WA 6034

For saleHouse

$1,020,000

For sale

$1,020,000

Last sold

24 June 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

465 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 27 Aug 2026)
  • CalculationRecorded House sales in Eglinton (last 5 years) with land size: median $2,124/m² of land (n=120). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Eglinton's advertised median rent ($658/wk), implied gross yield would be 3.35% — 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

$1,020,000

24 June 2025 · derived via latest_sale

Local land rate: recorded House sales in Eglinton (last 5 years) with land size have a median of $2,124/m² of land (n=120). Districts calculation from recorded sales — not a valuation.

Eglinton at a glance

9,031

People

$831,000

Median sale

$658/wk

Median rent

4.12%

Suburb gross yield

Median sale from 84 recorded sales (last 12 months) — a Districts calculation.

See the full Eglinton report →

Vs Eglinton

+22.7%

Median sale

Suburb $831,000

-0.77 pp

Gross yield

Suburb 4.12%

Suburb median $831,000 from 84 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,020,000
Stamp Duty (Western Australia)
$43,646
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
$1,067,571

$47,571 on top of the price (4.7% 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 Eglinton's advertised median rent — not a rent for this listing.

Net yield
1.85%
Annual cashflow (pre-tax)
$-34,124
Interest cover (DSCR)
0.36
Annual rent
$34,216
Operating expenses
$15,300
Loan amount
$816,000
Annual interest
$53,040
Gross yield
3.35%

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. Listedprice unknownavailable27 Aug 2026
  2. Sold$1,020,00024 June 2025
  3. Listedprice unknowncompleted13 June 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 465 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 465 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

Eglinton in one glance

Eglinton at a glance

9,031

People

$831,000

Median sale

$658/wk

Median rent

4.12%

Suburb gross yield

Median sale from 84 recorded sales (last 12 months) — a Districts calculation.

See the full Eglinton report →

Keep researching

  • Why Eglinton? Read the area thesis →
  • What else is on the market in Eglinton →
  • Other records on Lorikeet Approach →

Listing material

Listed by SHYFT Realty

Hamptons Haven

ALL OFFERS PRESENTED TUES 08/09*

A timeless Hamptons-inspired near new display home blending relaxed coastal character with thoughtful family design, The Boardwalk by Plunkett Homes brings together classic charm, modern comfort and effortless everyday living. From its jetty-style front porch, weatherboard façade and limestone accents to its bright, beautifully considered interiors, every detail captures a fresh beachside feel while delivering the space and practicality of a contemporary family home. Positioned within the thriving Elavale Estate, this premium four-bedroom home also presents an exceptional investment opportunity, with a current leaseback tenancy with Plunkett Homes and the opportunity to extend, offering strong, consistent returns and a reliable income paid by the builder. Beyond the home itself, Elavale Estate offers a relaxed, family-friendly lifestyle within one of Perth's fastest-growing coastal corridors. With sandy beaches only a short drive away and easy access to the Mitchell Freeway and Eglinton Train Station, you'll enjoy convenient connections to the city and beyond.

Beachside vibes are high from the moment you arrive, with an unmistakable coastal façade where unique accents bring timeless Hamptons-inspired character. Stepping through the modern 1200mm-wide statement entry door, an extra-wide entrance hallway creates an impressive sense of arrival, enhanced by high ceilings, decorative wall panelling and warm timber-look flooring that set the tone for the inviting interiors beyond.

Read the full description

Privately positioned at the front of the home, the elegant master suite offers a beautiful retreat at the end of the day. Plantation shutters, plush carpets and an enormous, fully fitted walk-in robe bring together comfort and functionality, while the open, resort-style ensuite adds a luxurious finishing touch. Complete with an oversized hobless shower, dual vanity, feature tiling, ample storage and a separate toilet, it has been designed to make everyday living feel that little bit more indulgent.

A dedicated theatre room provides another inviting space to retreat and unwind, with plush finishes and plantation shutters creating the ideal atmosphere for quiet evenings or an immersive movie experience.

From here, the home unfolds into a bright and welcoming open-plan kitchen, living and dining area, where a recessed ceiling enhances the sense of space and defines the natural heart of the home. Designed for both relaxed living and entertaining, the layout encourages effortless connection while still allowing each area to feel beautifully defined.

At its centre, the chef's kitchen combines style with exceptional functionality. A generous breakfast bar provides casual seating, while soft-close doors and drawers, overhead cabinetry and a luxury Westinghouse 900mm oven and cooktop elevate the everyday. Flowing naturally from the kitchen, the scullery and adjoining laundry form a thoughtfully connected working zone designed around the needs of family life. The scullery features a double sink and direct access to a generous walk-in pantry, before continuing through to the laundry with overhead cabinetry and a walk-in linen. A dedicated dog shower is a standout addition for pet lovers, adding another clever touch to a space where preparation, storage and functionality have all been carefully considered.

Dual sliding doors blur the lines between indoors and out, extending the main living area onto a raised, decked alfresco crafted for year-round enjoyment. Overlooking the grassed area and framed by easy-care gardens, it provides an inviting outdoor setting for relaxed afternoons, family gatherings and effortless entertaining.

Three minor bedrooms are tucked away along a separate hallway, creating a private and dedicated bedroom wing. Each is finished with plush carpets, plantation shutters and mirrored sliding robes, with the beautifully appointed family bathroom positioned at its heart. Feature tiling, a freestanding back-to-wall bath, hobless shower with tiled ledge and ample storage bring together style and practicality, while a separate toilet caters effortlessly to the demands of a busy household.

Whether you're looking to grow your property portfolio, secure your future dream home or simply enjoy the returns now and move in later, The Boardwalk delivers the perfect balance of timeless coastal character, modern family living and long-term value, all just moments from Perth's northern beaches.

Highlighted features:

• Ducted Reverse Cycle Air conditioning with controller

• 31c ceiling to main living areas with 28c ceilings to alfresco and garage

• Luxury Westinghouse 900mm oven and cooktop

• Plantation shutters throughout the home

Location features:

• 550m to Elavale Estate Kookaburra Park and Playground

• 1.6km to Heath Park

• 1.7km to Eglinton train station

• 5 min drive to Amberton Beach

• 7 min drive to Yanchep Central

• Easy access to Mitchell Freeway

• Close to Shorehaven Primary, Alkimos College, Northshore Christian Grammar and St James' Anglican School and more.

*Seller reserves the right to accept an offer prior to the set date.

Disclaimer: The particulars of this listing have been prepared for general information and marketing purposes only and are based on information supplied by the Seller and third parties, which may be subject to change. Whilst every care has been taken in the preparation of the information provided, no warranty or representation is made as to its accuracy or completeness. Interested parties should not rely solely on this information and are encouraged to carry out their own independent enquiries and due diligence to satisfy themselves in all respects. The particulars contained herein are not intended to form part of any contract.

Listing description written by Brendan Tucek, SHYFT Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Remote Garage
  • Reverse Cycle Aircon
  • 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.