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 › Michael Rd
4
Bedrooms
2
Bathrooms
4
Car spaces
910 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Waikiki (last 5 years) with land size have a median of $1,242/m² of land (n=92). 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.
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 910 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 910 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 Harcourts Elite Agents South PerthOccupying a commanding 911sqm block just footsteps from the ocean's edge, this expansive coastal residence delivers spectacular views, multi-zoned living, and flexibility for large or extended families. Featuring a separate study, versatile rear studio and secure multi vehicle parking, this exceptional property is the ultimate lifestyle package in a prized beachside location.
Key property features
- Just 80 metres from the shoreline, offering a true coastal lifestyle of early morning swims, sunset walks and weekend paddleboarding
- Secure front entertaining deck with ocean views
- Formal front lounge and dining area, ideal for relaxed dining and entertaining
- Bright central open plan living area with sliding doors to the backyard entertaining deck and alfresco
- Well-appointed kitchen featuring stainless steel appliances, breakfast bar, dishwasher and a walk-in pantry
- Upstairs loft retreat with panoramic views, opening onto a spacious rear balcony for elevated entertaining
- Master suite with walk-in robe and private ensuite with vanity storage
- Three generously sized bedrooms all include walk in robes for added storage
- Separate study or optional fifth bedroom
- Family bathroom with bath, separate shower, and wide vanity
- Functional laundry with separate WC and external access, alongside a generous walk-in linen press
- Outdoors, the rear yard offers stunning ocean views and a shaded seating space, along with grass for kids to play
- Fully enclosable alfresco area, ideal for year-round entertaining
- Double lock-up garage with drive-through access to additional covered parking
- Separate rear double garage with storage, plus an adjoining studio with granny flat potential (subject to council approval)
- Reverse cycle air conditioning to the main living zone and master suite
- Ceiling fans to bedrooms 2 & 3
- Solar panels for energy efficiency
- Potential for Defence Housing Australia (DHA) rental investment
- Convenient to Charthouse Primary School, South Coast Baptist College, Waikiki Shopping Village, and Fantasy Park
- Set on a generous 911sqm to enjoy the freedom of space
You are always welcome to contact NOLA TULLY or any of her team if you would like further information regarding this excellent property or would like to organise a personal inspection outside of the Home Open times
Listing description written by Nola Tully, Harcourts Elite Agents South Perth — reproduced as published, not verified by Districts.