Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
WA › Edgewater › Torwood Grove
$725,000
Last sold
31 Jan 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
713 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
$725,000
31 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Edgewater (last 5 years) with land size have a median of $983/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Edgewater
-37.6%
Median sale
Suburb $1,161,000
+1.77 pp
Gross yield
Suburb 2.95%
Suburb median $1,161,000 from 13 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 713 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 $658/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 713 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
Edgewater at a glance
5,238
People
$1,161,000
Median sale
$658/wk
Median rent
2.95%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Wright RealtyElevated at the top of a tranquil cul-de-sac in the very sought-after Edgewater, an oasis awaits offering fantastic living with natural beauty.
Built in 1982 on a 713m2 block, you'll be impressed just at how neat and tidy this well-maintained property presents with a stunning pool and great outdoor entertainment, sheds for storage, and meticulously manicured lawn and gardens.
Located just minutes from the local parks, schools, shopping centre, and transport, as well as the Yellagonga regional park.
Don't miss the opportunity to make this tropical paradise your own. Whether you're lounging by the pool, tending to your garden, or enjoying the tranquility of your neat and tidy home, enjoy convenient, relaxed living.
Please contact Wright Realty on 0428 232 656 or email hello@wrightrealty.com.au to register your interest.
3 Bedrooms | 1 Bathroom | Living | Dining | Kitchen | Family | Laundry | Attic Storage | Patio | Sheds | Pool | Double Carport
- Attractive frontage with perfectly manicured lawn and gardens.
- Step inside to discover a home that's as beautiful inside as it is outside. The interiors are immaculately maintained, offering a bright and airy atmosphere. With a mix of timber and carpeted flooring and neutral tones, this home presents beautifully, neat, and tidy, with great open plan living, dining and kitchen.
- The modernised kitchen has plenty of bench space and cabinetry including overheads. Featuring breakfast bar, Bosch 4-burner gas cooktop, electric oven, and dishwasher.
- Bedrooms are located to the front and right of the home with the main bedroom featuring double built-in wardrobes and split system a/c and bedroom 3 featuring a built-in wardrobe.
- The bathroom features a vanity with separate shower and bath. The WC is located adjacent to the bathroom.
- A laundry area is accessed from the kitchen and features floor to ceiling tiling, built-in cabinetry including linen cupboard and access outdoors.
- You won't be short on storage with an additional pull-down attic ladder leading to a dust-proof attic area.
- Outside you will find a vast patio area, perfect for year-round entertaining, which onlooks the serene salt water, solar heated pool, surrounded by swaying palms, your tropical paradise awaits.
- Two sheds provide ample storage space for your tools and equipment. Keep your outdoor area organised and clutter-free, making maintenance a breeze. A third shed is used to house the pool pump and equipment.
- Double carport with built-in cat run.
Additional features: Refrigerated a/c; Batts insulation; Reticulation; Gas Bayonet; Bosch gas instantaneous hot water system; NBN Ready.
1982 built on approx. 713m2 block.
Nearby Amenities:
210m to Edgewater Shopping Centre
220m to Wisterias Edge
270m to Tuart Park
350m to Edgewater Park
370m to Yellagonga Regional Park
1.1km to Keiki Early Learning
1.2km to Mitchell Fwy
1.3km to Edgewater Station
1.4km to Revo Fitness
1.5km to Edgewater Primary School
1.9km to Mater Dei College
3.0km to Belridge Secondary College
4.9km to Lakeside Joondalup Shopping Centre
6.2km to Mullaloo Beach
Disclaimer:
In preparing this information, Wright Realty has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.
Listing description written by Karl Wright, Wright Realty — reproduced as published, not verified by Districts.