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On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 4-bedroom house at 29 Lakehill Gardens in Edgewater, WA 6027 is currently on the market, with 2 bathrooms and parking for 2. It offers a 1,054 m2 block and 150 m2 of internal living space. The house was built in 1986. Edgewater sits about 22 km from the CBD, where the median house price is $1.2M. Council data shows no flood or bushfire overlay on the site. There are 46 schools within roughly 5km, and the area scores 53 for walkability and 4 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Listed
Updated
This property is under offer
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Edgewater at a glance
House market signals | WA 6027
Median
$1.2M
Market signals
To CBD
22 km
Est. Valuation
$1,354,720
Potential Sell Price
Est. Rent/wk
$970
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Listing Details
- Listed
- Last Updated
- Postcode
- 6027
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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