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 › Neptune Pl
$685,000
Last sold
14 Nov 2024
3
Bedrooms
2
Bathrooms
3
Car spaces
806 m²
Land
124 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
$685,000
14 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Waikiki (last 5 years) with land size have a median of $1,245/m² of land (n=91). 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.
Vs Waikiki
-18.3%
Median sale
Suburb $838,000
+0.86 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 806 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 806 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 Elders Real Estate MandurahWelcome to your dream 3-bedroom, 2-bathroom home, nestled in the highly sought-after beachside community of Waikiki, just 450 meters from the stunning Waikiki foreshore park. This spacious and beautifully updated property offers the perfect blend of coastal living and modern conveniences, designed to cater to the entire family.
Interior Features:
• Spacious Living Areas: Featuring a large formal lounge and a separate family room, providing multiple spaces for relaxation or entertainment.
• Updated Kitchen: A modern culinary haven with a gas stove, dishwasher, and abundant bench space, perfect for the home chef. The kitchen opens to the expansive rear patio, making it ideal for seamless indoor-outdoor living.
• Generous Dining Space: Adjacent to the kitchen, the dining area flows effortlessly, ideal for hosting family meals or dinner parties.
Exterior Features:
• Triple Car Garage: Plenty of parking space for vehicles, trailers, or recreational gear.
• Massive Gabled Patio: A perfect outdoor entertaining area, ideal for barbecues, family gatherings, or enjoying the serene outdoor ambiance.
• Powered Workshop: Whether you're a hobbyist or need extra storage, the workshop offers versatility and convenience.
• In-Ground Pool with Gazebo: Enjoy the ultimate summer retreat with a refreshing pool, complete with a shaded gazebo area for lounging.
• Lawn and Play Area: Even with all these features, there's still ample room for the kids to play on the lush lawn, or for you to create your dream garden oasis.
• Air Conditioning: Stay cool and comfortable year-round with ducted evaporative air conditioning throughout the home.
• Roller shutters: Enjoy peace of mind with the secure roller shutters to the front of the property.
This property truly sets the stage for the ultimate coastal lifestyle. From the spacious living areas to the resort-style outdoor features, you'll be perfectly set for summer fun and year-round enjoyment. Don't miss out on making this stunning Waikiki home yours!
The information provided including photography is for general information purposes only and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on this information and are required to complete their own independent enquiries, inclusive of due diligence. Should you not be able to attend in person, we offer a walk through inspection via online video walk-through or can assist an independent person/s to inspect on your behalf, prior to an offer being made on the property.
*All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.
Listing description written by Jacob King, Elders Real Estate Mandurah — reproduced as published, not verified by Districts.