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.
$595,000
Last sold
11 Nov 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
717 m²
Land
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
$595,000
11 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Edgewater (last 5 years) with land size have a median of $990/m² of land (n=72). 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.
Vs Edgewater
-48.8%
Median sale
Suburb $1,161,000
+2.80 pp
Gross yield
Suburb 2.95%
Suburb median $1,161,000 from 13 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. Listed land size is 717 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.
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. Listed land size is 717 m² — that is not official geometry.
Nearby development pipeline
Area
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.
Listing material
Listed by Peard Real EstateThen drive to this amazing opportunity quickly, you don't get many opportunities like this one in this very in demand family suburb.
A large older style 4x2 with potential to be a 5x2 family home in a highly sought-after child friendly location close to Parks, Shops, Schools, Short walk to the train station and many other great local amenities.
Low set from the street with a private setting this home is set on 717m2 lot with off street parking for several cars and to the opposite side of the driveway, parking access that would be perfect for a caravan, trailer or boat, you decide.
Double carport parking with the benefit of a single brick-built garage/shed/workshop with roller door access and power. Perfect for the tradesman, boatsman, caravanner or boys with toys or ladies LOL.
FEATURES
717m2 lot
Sought-after child friendly location
4x2
3 car parking consisting of double carport and single brick garage/workshop
Low set private setting off the street
Ent hallway
Ceiling fans and AC
Large formal lounge/dining - bay window
Low maintenance tiled flooring
Galley style kitchen
Family meals and living area
Large step-down games room or family lounge
Inbuilt robes to meals area and hallway leading to master
Large master bedroom with double sliding robes
Parents retreat joins master, would make a great dressing room or study/nursery. Could easily be walled off with a door entrance added from hallway creating another room
Ensuite with WC, vanity basin and glass enclose shower
Three good size minor bedrooms two with built-in robes
Sep WC
Family bathroom enclosed glass screened shower, bath and vanity basin unit
Large laundry
Large A-frame patio with paved entertaining area
Gated access to double carport
Single brick-built garage/workshop with roller door access
Large front garden
Large rear gardens with hidden sunken lower garden with shed
A great large family home with great bones, its ready for the next owners to add their sparkle and reap the rewards.
Large modernised family homes are selling for nearly $800ks in this location.
NOTE - Suit buyers looking to purchase a home in the $600ks
So don't hang about be quick with this opportunity call the selling agents today;
TONY MULLEN, TEAM EDGEWATER & PEARD mobile 0402020331
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 Tony Mullen, Peard Real Estate — reproduced as published, not verified by Districts.
Nearby 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.