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WA › Waikiki › Lakemba Way

51B Lakemba Way, Waikiki WA 6169

Semi-detached

$605,000

Last sold

4 Sept 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

513 m²

Land

108 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $605,000 (4 Sept 2025).(Recorded sale)
  • CalculationLand 513 m² against a 108 m² dwelling — the land is most of what is being bought.(Districts calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

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.

See the full Waikiki report →

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 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. Sold$605,0004 Sept 2025
  2. Listedprice unknowncompleted20 Aug 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 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.

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 $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.

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 513 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

Waikiki in one glance

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.

See the full Waikiki report →

Keep researching

  • Why Waikiki? Read the area thesis →
  • What else is on the market in Waikiki →
  • Other records on Lakemba Way →

Listing material

Listed by JW Residential

Why: Because the location speaks for itself with sweeping park views and endless local convenience

What: 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

Read the full description

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.

Property features

  • Living Areas: 2
  • Toilets: 1

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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.