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WA › Lower King › Shirley St

1/15 Shirley St, Lower King WA 6330

For saleHouse

$749,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

575 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,000(Listing record · 25 June 2026)
  • CalculationRecorded House sales in Lower King (last 5 years) with land size: median $490/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 10% below the Lower King median recorded sale ($830,000, n=21, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lower King's advertised median rent ($652/wk), implied gross yield would be 4.53% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$749,000

Asking · $1,303/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $490/m² of land (n=67). Districts calculation from recorded sales — not a valuation.

Lower King at a glance

1,971

People

$830,000

Median sale

$652/wk

Median rent

4.08%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Lower King report →

Vs Lower King

-9.8%

Median sale

Suburb $830,000

+0.45 pp

Gross yield

Suburb 4.08%

Suburb median $830,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$749,000
Stamp Duty (Western Australia)
$29,689
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$782,614

$33,614 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lower King's advertised median rent — not a rent for this listing.

Net yield
3.03%
Annual cashflow (pre-tax)
$-16,279
Interest cover (DSCR)
0.58
Annual rent
$33,904
Operating expenses
$11,235
Loan amount
$599,200
Annual interest
$38,948
Gross yield
4.53%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$749,000available25 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 575 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $652/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 575 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lower King in one glance

Lower King at a glance

1,971

People

$830,000

Median sale

$652/wk

Median rent

4.08%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Lower King report →

Keep researching

  • Why Lower King? Read the area thesis →
  • What else is on the market in Lower King →
  • Other records on Shirley St →

Listing material

Listed by Elders Real Estate Albany

NEW PRICE - Easy Modern Living Close to Harbour

This superb property offers everything you want from modern living, on an appealing and easy-care lot, in a brilliant quiet and leafy location close to the waters edge. If you like a relaxed vibe and enjoy the outdoors, or are even a keen fisho, but still want super modern living, then this one will certainly tickle your fancy.

Built in 2010, the brick and tile home boasts an impressive 188sqm of living space, and a functional and life-friendly floorplan. The modern kitchen includes quality appliances and a walk-in pantry to keep the family chef happy, and is open-plan with dining and living space so is perfect to hang with the kids or enjoy a wine with friends while you prepare a meal. A separate lounge or theatre area off to the side means kids can watch TV in a semi-autonomous setting, or you can relax with a movie or the footie without bothering everyone else. In the family wing, a separate activity area for the kids means you don't need lego sticking in your feet in the main part of the home, or if you prefer, this room would make a great office.

This property also really impresses on the outside, with an enormous covered outdoor area providing plenty of room for the kids to muck about if it's raining, and a spot for a great catch up with friends and family with a BBQ and drink. The delightful sunny back yard has some lawns for the kids to play, as well as some raised veggie beds and fruit trees. A terrific powered shed provides storage space, or room to work on the latest project!

Read the full description

Location wise, Lower King is always a target area for those seeking a relaxed leafy vibe. Shirley St is only 200m from the waters edge with plenty of open space in between to throw the ball for the dog. You can enjoy a stroll along the foreshore, go for a kayak, or try your luck fishing or crabbing. The local boat ramp is only a few hundred metres away, and from there its an easy trip to get out on the King George and squid, or head out wide.

• 2010 built brick and tile home, modern finish and layout for easy living

• Lovely modern kitchen with dishwasher and great walk-in pantry

• Open-plan kitchen-dining-living, plus separate lounge or theatre room

• King-size master with walk-in robe and ensuite

• Queen double and double-size family bedrooms, all with built-in robes

• Family bathroom with bath and shower

• Generous kids activity area or office, in family wing

• Huge covered outdoor entertaining, heaps of space!

• Lovely sunny back yard with lawns and veggie beds, great for kids and pets

• Super 5m by 5m powered shed with roller door and 2m covered hardstand

• Very quiet location close to harbours edge – fish, kayak, or walk the dog!

• Excellent boat ramp within very short drive, great access to Ocean

• Double garage plus additional parking for boat or van

• 6.6kW solar array, bottled gas, RCAC, gas instant hws

• Six minutes to local shopping centre, 15 minutes to York St

• Strata title but no fees or body corporate

1-15 Shirley St is a rare opportunity to tick all your boxes but still have a property that is really easy to look after, in an amazing location. For your private inspection or more information please contact Blair Scott on 0459 024 026.

Listing description written by Blair Scott, Elders Real Estate Albany — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Shed
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.