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.
WA › Lower King › Kula Rd
$690,000
Last sold
25 Nov 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
3,101 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
$690,000
25 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $498/m² of land (n=66). 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.
Vs Lower King
-16.9%
Median sale
Suburb $830,000
+0.83 pp
Gross yield
Suburb 4.08%
Suburb median $830,000 from 21 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 3,101 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 $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.
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 3,101 m² — that is not official geometry.
Nearby development pipeline
Area
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.
Listing material
Listed by Merrifield Real EstateThe astute purchaser of this significant parcel of real estate will be rewarded with an extensive home on 3101sqm of land, part of an idyllic green enclave in a highly desirable area of the south coast.
The home is built of brick and Colorbond with a nod to federation styling through twin leadlight bay windows and leadlight panels flanking the double front doors.
This solid home could do with a splash of paint, but just as it is, the home is liveable and any work could be progressed while the owners enjoyed the relaxing lifestyle.
Offering a choice of formal and everyday living areas, it will easily accommodate a big family and all their hobbies, and has ample space for parties and playtime.
From its elevated site, it takes in a leafy outlook over the land and to the bush beyond from the rooms at the back.
Through the front door is the generous formal lounge and next to that, the dining room.
A hallway leads into the main family room, which is in two sizeable sections. One is a TV lounge and the other incorporates the meals area and has glass doors opening onto a patio. A strategically positioned wood fire heats this entire area.
At the back, the sizeable kitchen has a pantry, a five-burner gas cook-top and a breakfast bar.
The en suite bathroom attached to the huge master bedroom features a corner spa bath with shower over, a vanity and toilet. There's also a walk-in robe and glass doors opening out to the garden.
Of the other three bedrooms, all are doubles and two have built-in robes. A shower room with vanity, a separate toilet, laundry and several storage cupboards complete the picture.
The attractive block consists of gently sloping land, mostly in grass with mature native trees and shrubs, and ample space for keeping chooks and planting veggies.
A driveway leads past the house to a double undercroft garage and an impressive 11m x 6m shed with a concrete floor, workbenches and power connected. There's a carport at the front of the shed for the trailer or dinghy, and a lean-to for storage as well as a separate woodshed.
A short distance from Great Southern Grammar, this property is also close to excellent fishing spots and walk tracks on the banks of the Kalgan River and Albany is an easy 15-minute commute away.
What you need to know:
- Brick and Colorbond home
- 3101sqm block
- Quiet street, desirable location
- Family room with wood fire
- TV lounge
- Meals area
- Lounge
- Dining room
- Patio
- Kitchen with pantry, gas cooking, breakfast bar
- Master bedroom with en suite bathroom, walk-in robe
- Three double bedrooms, two with robes
- Shower room with vanity
- Separate toilet
- Heaps of storage
- Double garage
- 11m x 6m shed with power, carport, lean-to
- Woodshed
- Space for keeping chooks, growing veggies
- Near Great Southern Grammar, 15 mins to Albany
- Council rates $2,410.52
- Water rates $268.97
Listing description written by Jeremy Stewart, Merrifield Real Estate — 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.