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.
WA › Waikiki › Corvette Cl
$826,000
Last sold
26 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
700 m²
Land
152 m²
Building
Districts View
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
$826,000
26 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Waikiki (last 5 years) with land size have a median of $1,245/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
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.
Vs Waikiki
-1.4%
Median sale
Suburb $838,000
+0.06 pp
Gross yield
Suburb 3.82%
Suburb median $838,000 from 65 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 700 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 $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.
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 700 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby 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.
Area
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.
Listing material
Listed by Opal RealtyNestled in a quiet cul-de-sac just minutes from the beach, this four-bedroom, two-bathroom home offers generous living, multiple indoor and outdoor zones, and exceptional storage – all on a roomy 700sqm block.
Neatly presented and freshly painted throughout, the home has been thoughtfully maintained, with recent updates including new vinyl plank flooring and Crimsafe security screens for peace of mind. Step through the front door and into a flexible layout designed for family living and entertaining.
Block size: 700sqm
Living area: 152sqm (approx.)
Year built: 1994 (approx.)
Potential rent: $680 - $700 per week
The front lounge includes a built-in storage, ideal as a second living space, kids' playroom or potential home office. The well-sized master bedroom comfortably fits a king bed, includes a reverse cycle split system, and features a built-in robe and private ensuite. While original in style, the ensuite is neutral and functional, with the owner currently replacing the cupboard doors to refresh the space.
The heart of the home is the open-plan kitchen, which has been modernised with plenty of cabinetry, electric cooktop & 600mm oven, rangehood, dishwasher, and a double sink. A bonus recess provides extra space / potential scullery / butler's pantry, while the adjoining lounge/dining area opens out to the backyard, offering a relaxed family hub.
Three additional bedrooms all include built-in robes and enjoy access to the updated main bathroom with glass-screen shower, modern vanity, and a full-sized bath. Evaporative cooling runs throughout the home for year-round comfort, and the home boasts abundant linen storage.
Step outside to discover a private backyard, perfect for entertaining or future customisation. The alfresco area with café blinds creates a fantastic sheltered outdoor space. A drive-through double garage provides handy rear access, and there's a garden shed tucked into the corner for all your extras. There's ample room here for pets, kids, or even a future pool or larger shed if desired.
Additional features:
- Solar panels
- Evaporative cooling
- Reverse cycle split system air conditioner in the master bedroom
- Double lock up carport with drive through access to the rear
- Bore reticulated gardens
Situated just minutes from the white sands of Safety Bay and the bustling local café and dining strip, this is beachside living at its best. You'll also enjoy close proximity to parks, public transport, Waikiki Village shopping, and quality schools.
For more information or to book an inspection, contact the team at Opal Realty.
Disclaimer: This property description has been prepared for advertising and marketing purposes only. The information provided is believed to be reliable and accurate. Buyers are encouraged to make their own independent due diligence investigations / enquiries and rely on their own personal judgement regarding the information provided. Opal Realty provide this information without any express or implied warranty as to its accuracy or currency.
Listing description written by Melissa Foggin, Opal Realty — reproduced as published, not verified by Districts.