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.
WA › Edgewater › Lakerise Mews
$684,000
Last sold
9 June 2023
4
Bedrooms
1
Bathrooms
2
Car spaces
740 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
$684,000
9 June 2023 · 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
-41.1%
Median sale
Suburb $1,161,000
+2.05 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 740 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 740 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
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 Harcourts Alliance JoondalupSold by Openn Negotiation (flexible conditions online auction). The Openn Negotiation has finished with a positive result. Contact the sales agent for further details.
Teleport to -the location of Edgewater it has the lot: use super close freeway access or the train. Meanwhile adjacent to the suburb you have the new, even becoming vibrant, City of Joondalup. Major shopping Centre, CBD, major teaching hospital, TAFE, UNI, POLICE College all within 15 minutes walk. BUT…………………….as you are whisked beneath the odd fluffy cloud, you can only see the Lake, the trees and the Ocean. As you hover over the Lake you're in competition with the Cockatoos on the Lake edge and the pelicans soaring high overhead. If you land on the top of the highest hill in Edgewater lookout for Lake and Ocean Vistas. The easterly aspect gives you little clue that you are in town.
Now we have you in the suburb take a sneak peek at the house.
This beautifully, recently renovated four bedroom delight sits, in a very special location
The family friendly cul de sac finds this pearl in an elevated spot overlooking the magnificent
arboretum that is part of the Yellagonga regional park. With morning strolls, which take you to
Picnic Cove on the Edgewater section of the outstanding Lake Joondalup, how can you fail to be impressed?
The house was built with the views being an essential 'Must see' . The terraced rear garden reflects the
interior of the house, with all the most widely used areas drinking in the natural landscape.
Imagine admiring the view of the trees from your outdoor entertaining covered patio, when the arrival of a whistling kite
creates a noisy reaction amongst the other feathered residents. Your guests are impressed!
This gorgeous home for all seasons boasts:
* Four bedrooms each with carpets replaced in 2023, one bathroom.
* Three living areas, all light and bright, with quality laminate floors installed 2023
* Terraced block with beautiful regional park aspects. Entertainment area includes BBQ, and built in seating
* Workshop approx. 6x4m, on the lowest terrace. Double car port.
* Well set out canvas for your own special garden, includes raised beds, on this 740 sqm block.
* Recently painted throughout, 2023, with replaced hot water system, 2022.
* Gas heater, central to the living areas keeps the whole home cosy in the cooler months.
Most of the hard work has been done for you!!
* Viewing means doing! Cash or Finance-on line auction- Fill out an expression of interest TODAY.
Listing description written by Helen Anderson, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.