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WA › City Beach › Chipping Rd

62 Chipping Rd, City Beach WA 6015

House

$8,770,000

Last sold

23 Oct 2024

5

Bedrooms

5

Bathrooms

4

Car spaces

878 m²

Land

838 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 $8,770,000 (23 Oct 2024).(Recorded sale)
  • CalculationRecorded House sales in City Beach (last 5 years) with land size: median $4,309/m² of land (n=30). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$8,770,000

23 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in City Beach (last 5 years) with land size have a median of $4,309/m² of land (n=30). Districts calculation from recorded sales — not a valuation.

City Beach at a glance

7,443

People

$4,425,000

Median sale

$1,275/wk

Median rent

1.50%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full City Beach report →

Vs City Beach

+98.2%

Median sale

Suburb $4,425,000

-0.74 pp

Gross yield

Suburb 1.50%

Suburb median $4,425,000 from 6 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

2024$8.77m$8.77m
  • Sold (recorded)
  1. Sold$8,770,00023 Oct 2024
  2. Sold$8,770,00018 Oct 2024
  3. Listedprice unknowncompleted8 Oct 2024
  4. Listedprice unknowncompleted7 Oct 2024

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 878 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 $1,275/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 878 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

City Beach in one glance

City Beach at a glance

7,443

People

$4,425,000

Median sale

$1,275/wk

Median rent

1.50%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full City Beach report →

Keep researching

  • Why City Beach? Read the area thesis →
  • What else is on the market in City Beach →
  • Other records on Chipping Rd →

Listing material

Listed by Caporn Young Estate Agents Fremantle

Lavish Coastal Luxury - The Best of Everything

All Offers by Wednesday, 30 October at 5pm. Sellers reserves the right to sell sooner.

Enviably located just one residential street away from golden sands and crystal-clear Indian-Ocean waters at North Floreat Beach and close to so much more, this contemporary 5 bedroom 5 bathroom tri-level coastal masterpiece stands as one of the finest creations ever built by Giorgi Homes, catering to the most discerning clients.

Spanning approximately 838sqm of exquisitely-designed lifestyle and living space, it impressively offers wide-open views of the vast dunes and the deep blue sea beyond. Inspired by its near-oceanfront location, the home's design features striking concrete curves that mimic the rolling swells, seamlessly integrating indoor and outdoor spaces throughout.

Read the full description

The residence's ability to open completely to the elements allows gentle breezes, sea air and the scent of coastal dunes to blend effortlessly with your living zones. A mesmerising ocean vista is available from almost every room and extends through the home from the alfresco lounges, shimmering below-ground swimming pool and private rear gardens, unobstructed by the substantial structure due to its intelligent design.

The flawless flow of the floor plan makes this one an entertainer's dream, perfect for gatherings in any season. Its architectural design includes multiple flexible areas, ideal for parties and special family occasions.

The solid construction is complemented by lighter elements such as glass sliders, transparent windows and bi-fold doors, allowing ample natural light, blue skies and ocean moods to enhance everybody's daily living experience. Entire walls of glass at the front, rear and north of the home enable it to again merge with the elements.

North-facing high-light windows at the apex of the curved ceilings embrace the sun's trajectory in cooler months to trap heat and harness convection in summer for natural cooling. A significant solar-power system provides abundant natural electricity for the entire family.

The top floor of the abode features the massive master suite, a huge open-plan family, dining and kitchen area and the first of two substantial alfresco lounges – this one offering protected balcony entertaining for all. The ground floor at the rear houses three king-sized spare

bedrooms – each with their very own intimate ensuite bathroom, a second living, lounge, theatre or chill-out zone for the kids and the second large external alfresco lounge, meals and kitchen space, protected from the elements for all-weather entertaining and leading poolside.

This main level also includes a home office, powder room, laundry and a double lock-up garage, accessible from the home's second street frontage. The enormous main four-car garage is located at the front of the house and has its own second laundry, plus a large neighbouring storage area.

The pool, bubbling outdoor spa and a bonus sauna are surrounded by lush, mature gardens – with both levels featuring a pizza oven with gas or wood options. Additionally, the under-croft ground floor at the front of the home (next to the four-car garage) includes a self-contained au pair/guest apartment – essentially the fifth-bedroom suite – with its own access and alfresco area, plus access to two storerooms, the second laundry, the lift, fifth bathroom and additional storage in the garage.

A harmonious blend of luxury, functionality and environmental design awaits you here from within these walls, creating an unparalleled living experience. Amazing is an understatement!

Key Features and Local Amenities:

· Secure gated access to the property – from two separate street frontages

· Environmentally-passive design

· Breathtaking ocean views and sunsets

· Two large separate living areas

· Quality integrated kitchen appliances throughout

· Miele oven, warming oven, heating drawer, steam oven and coffee machine

· Private ensuite bathrooms to the four main bedrooms – including the top-level master suite

· Ample built-in/walk-in wardrobe and storage space throughout the bedrooms

· Separate 5th bedroom/apartment/living quarters under-croft – with its own 5th bathroom

· Home office

· Two laundries

· Two powder rooms

· Internal lift

· Swimming pool

· Outdoor spa

· Sauna

· Outdoor alfresco and balcony entertaining

· Pizza ovens

· Outdoor barbecue, heating strips and ceiling fans

· Solar-power panels (50 – plus three storage batteries)

· Electric curtains to all ocean-view rooms

· Double-glazing to western windows

· Full security-alarm system, controlled via smartphone

· Five (5) external CCTV security cameras

· Under-floor heating to entire home

· Full perimeter fencing, including electronic security gates

· Home cinema kitchenette and bar fridge

· Two (2) separate ducted reverse-cycle air-conditioning systems (one on each level) with individual zones to all rooms

· Built-in surround sound throughout the home

· Intercom

· Feature gas fireplace

· Full insulation

· Bore reticulation

· Two (2) Stiebel heat pumps for hot water to bathrooms and laundry

· Instantaneous gas hot-water systems to kitchen and alfresco areas

· “Zip” taps on both levels – offering hot, cold and sparkling water

· Louvered pergola ceiling inset to front verandah

· Electronic retractable awning over pool and spa

· Built-in bar fridges in both alfresco areas

· Concealed automatic pool cover

· Ice machine

· Heat pump for pool heating

· Gas heating for spa

· Two (2) outdoor showers – one at front and one at rear

· Internal ceiling fans

· Separate two-car and four-car lock-up garages

· Huge 878sqm (approx.) block

· Walking distance to North Floreat Beach and the Floreat Dog Beach

· Bus stops and lush local parklands only footsteps away

· Short stroll to Holy Spirit Primary School

· Kapinara Primary School and Churchlands Senior High School catchment zones

· Easy access to shopping at Empire Village – home to restaurants and a 24-hour IGA supermarket

· Close to community sporting clubs, Wembley Golf Course, Bold Park and more shopping at Floreat Forum

· Minutes away from Hamptons and Odyssea at City Beach for breakfast, lunch, dinner or just drinks

· Major shopping centres in Westfield Innaloo and the new-look Karrinyup precinct are also nearby

Council Rates: Approx $4,379 per annum

Water Rates: Approx $3,929 per annum

Disclaimer:

The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

Listing description written by Michael Mort, Caporn Young Estate Agents Fremantle — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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