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 › Edgewater Dr
$519,000
Last sold
8 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
721 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
$519,000
8 June 2021 · 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=73). 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
-55.3%
Median sale
Suburb $1,161,000
+3.64 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 721 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 721 m² — that is not official geometry.
Nearby development pipeline
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 Harcourts Alliance Joondalup10 bidders: last bid $519,000. For sale by Openn Negotiation (flexible conditions online auction). Final bidding stage Tonight! April 15th .
Not your average four by two! Potential for great courtyard living plus!
Every day YOU have the ability to come home down Outlook Drive or Edgewater Drive past the Regional parks of Joondalup shire and wait for the wealth of birdlife to overfly your home from the Lake.
The four bedrooms are all a double + size, the two bathrooms are found one either end of the house. The master bedroom is at the front of the home with expansive bush views. Whilst the minor bedrooms are found to the rear.
The three main living areas all have sliding doors to the courtyard. This has to be the key spot in the overall living in the home Build a brilliant patio cover which lets in plenty of light and utilise the courtyard as a short cut, but active living space between the living rooms.
The family area is dominated by the spacious kitchen. Adjacent to that is a "hidden' dining room which could be another bedroom or office. The lounge with its quirky bar has brilliant views of the bush..
Plenty of space In the "games room" an ideal size for a pool table, TV or film set up or other equivalent.
The patio also has access to the double car port with security (roller) doors. Block size 721 sqm house size 187sqm (approx)
.Location, location! Walk to shops, parks and café, bus. - on the flat. Up the hill to schools, train and Bunnings.
Ten minutes by car to Joondalup CBD- or cycle. Easy freeway access, 10 minutes to beach at Mullaloo.
Come and rescue this home and join the community in Edgewater a s it rapidly goes through a generational change.
Put in your bid in this could be the BEST BUY in town!
Four bedrooms two bathrooms.
Kitchen/ family room with courtyard access-.
Lounge plus dining or front office.
Massive games room. NB. Virtual furniture.
Double car port.
Walk to the Lake, parks, schools, bus and shops, uphill to the train.
Cycle to Joondalup centre, Hospital, Train, shops, ECUni, TAFE and Police College.
Easy freeway access, 10 minutes to a great beach by car
Great block opposite bushland. See, sigh, ROLL up your SLEEVES!
Listing description written by Helen Anderson, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.
Nearby 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.