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 › Lakemba Way
$605,000
Last sold
4 Sept 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
513 m²
Land
108 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
$605,000
4 Sept 2025 · derived via latest_sale
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
-27.8%
Median sale
Suburb $838,000
+1.47 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 513 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 513 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 JW ResidentialWhat: A 3 bedroom, 1 bathroom property with lawned gardens to the front and back and drive through carport parking
Who: Investors, professionals or first time buyers seeking minimal maintenance living
Where: Directly opposite an extensive parkland, with the local shopping centre nearby, and a choice of schooling and transport options on hand
Facing the vast Lakemba Reserve, this picturesque setting offers a premium position to call home, with its central location ensuring easy access to all the daily essentials, while the property itself provides 3 bedrooms and 1 semi-ensuite bathroom upon a 513sqm duplex block. Sharing only the carport wall with the neighbouring property, this peaceful residence provides a well-maintained interior, with all bedrooms well-spaced for comfort, plus a choice of living areas across a formal lounge to the front, and open plan living, dining and kitchen beyond. Your backyard is generous in size, with plenty of lawn, established trees and a sheltered patio to enjoy an outdoor lifestyle, while your carport offers both a roller door from the street and gated entry to the backyard for a drive through option. Situated a quick trip from the popular Waikiki Village Shopping Centre, this convenient setting offers easy access to schooling and transport links, including road, bus and train connections, while Rockingham sits a short distance further and overflows with retail and recreation, and your inviting parkland directly opposite the home provides plenty of greenspace to explore.
A sweeping lawn sits to the front of the home, with a lengthy driveway leading to your secure carport, while a protected porch offers entry into the residence via a screened front door. A tiled entry foyer greets your arrival, with your eye drawn through to the main living area and gardens beyond for a welcoming sense of space, while your formal lounge sits to the left. Carpeted to the floor with an effective reverse cycle air conditioning unit and ceiling fan, your lounge ensures full use of its forward positioning with a large window overlooking the parkland opposite, and direct entry into the kitchen.
The kitchen provides a wraparound design, with a corner bench space to include breakfast bar seating, with an in-built wall oven, electric cooktop and rangehood, plus a full height pantry, ample under bench cabinetry and a tiled splashback. Your open plan living and dining area sits adjacent to the kitchen and is a blank space in terms of layout, allowing you to create a room that meet your needs, with tiled flooring and direct alfresco access for an indoor to outdoor flow. The three bedrooms are all placed within a separate section of the home, with all three furnished with plush carpet under foot, while the master boasts and walk-in robe and reserve views, and the two minors are both equipped with built-in robes. The semi-ensuite bathroom provides a shower, bath and vanity, with a separate WC, while the laundry completes the interior with the convenience of sliding door access to the side of the home for drying.
Moving outside and your sheltered patio extends along the rear of the residence, providing a choice of options to entertain or gather the family, and overlooks the considerable garden with lawn and established trees throughout the feature curved border. A large shed provides additional stowage, while a bore ensures an ease of upkeep throughout, with your rear gates to the car port allowing that sought after drive through access.
And the reason why this property is your perfect fit? Because easy care convenience meets a peaceful parkland setting for perfectly placed comfort.
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 Nikki de Rijcke, JW Residential — reproduced as published, not verified by Districts.
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