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38 Carmody Road, Waikiki WA, Australia

Data last updated: 28 Jul 2025

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$617,000

Current Market Valuation

Estimated market value: $617,000

Notes: Based on comparable sales, past sales and available property data, with high confidence. Range is estimated between $560,000 and $670,000.

Purchase History

28 Dec 2003 - $158,000

17 May 2003 - $135,000

12 Aug 2002 - $106,000

18 Apr 2000 - $85,000

11 Sep 1993 - $77,000

21 May 1990 - $25,750

Property Details

Type:

House

Bedrooms:

3

Bathrooms:

1

Land (sqm):

711

Car/Garage:

1 car space, plus carport with drive-through access

Estimated weekly rent:

$585 per week

Estimated weekly rent with high confidence, with a low range of $545 per week and a high range of $630 per week. The median house rent in Waikiki is $600 per week. The annual rental yield for houses in Waikiki is approximately 4.6%.

Rental vacancy rate:

2.4% (for houses in Waikiki)

Council rate:

Not publicly available without direct inquiry to the City of Rockingham. Rates vary based on property valuation and usage.

Water rate:

Not publicly available without direct inquiry to Water Corporation WA. Rates vary based on property type and water usage.

Strata fee:

N/A - Not applicable for this house property.

Home and content insurance price:

Requires specific quote based on insurer, property features, and owner's risk profile.

Zoning Information

LGA:

City of Rockingham

Zoning:

Residential

Bushfire:

Not detected

Flood:

Not detected

Heritage:

Not detected

Potential Developments in the Area

State Government:

No specific state government developments for Waikiki found in snippets, but general regional planning may impact the area.

Local Government:

City of Rockingham is developing a new draft Local Planning Strategy (LPS) to guide growth and development for the next 15 years and beyond, focusing on a quality lifestyle, sustainable future, family-friendly, safe, and connected community.

The Rockingham Strategic Centre Precinct Structure Plan is set to enable significant housing and population growth, with opportunities for over 14,000 additional dwellings by 2050, including high-density mixed-use developments, and a focus on hospitality, retail, and an education/innovation hub.

Location 38 Carmody Road, Waikiki WA, Australia

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What's Nearby

Education

East Waikiki Primary School (0.37km)

South Coast Baptist College (0.99km)

Cooloongup Primary School (1.26km)

Waikiki Primary School (1.35km)

Safety Bay Senior High School (2.15km)

Health & Medical

Waikiki Health (0km)

Waikiki Private Hospital (0.7km)

Rockingham General Hospital (2.8km)

Transportation

Local area - Bus

Local area - Train

Local area - Road links

Suburb Performance

Median Price History

Waikiki's property market has experienced significant growth recently. The median house price in Waikiki is $700,000 (June 2024 - June 2025) , and the median sales price for houses is currently $683,000. The median price for 3-bedroom houses is $635,000 (June 2024 - June 2025).

June 2024 - June 2025 | $700,000

Current Median | $683,000

12-Month Growth Insight

Houses in Waikiki have seen an annual compound growth rate of 16.2%.

Annual capital growth for houses is 17.56%.

House values have increased by 22.3% over the past 12 months.

Median house values have increased by 25.0% over the last 12 months.