Waterbank at a glance
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Median sale
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Median rent
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Suburb gross yield
WA › Waterbank › Lawrence Rd
$2,250,000
For sale
Asking
3
Bedrooms
2
Bathrooms
6
Car spaces
36,400 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
Asking
$2,250,000
Asking · $62/m² of land
No recorded sale for this property.
Waterbank at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$110,916 on top of the price (4.9% extra)
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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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.
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 36,400 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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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 36,400 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
Area
Waterbank at a glance
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Median sale
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Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White BroomeStephen Cole is proud to present Lot 104 Lawrence Road, Waterbank.
Spread across 10 breathtaking acres of prime oceanside real estate within the exclusive and tightly held Coconut Wells Estate, this extraordinary off-grid sanctuary offers a lifestyle unlike anything else on the Broome market. Combining complete privacy, spectacular Indian Ocean views and multiple income opportunities, this remarkable property is more than a home - it's your own private coastal retreat.
Imagine starting each morning with uninterrupted ocean views, spending afternoons exploring the crystal-clear lagoons and rock pools of Coconut Wells, before returning home to unwind in your stunning infinity pool as the sun melts into the Indian Ocean. This is the Kimberley lifestyle at its absolute finest.
Already one of Broome's most unique properties, the home has been further enhanced with a stunning infinity pool overlooking Cable Beach, an expansive pool deck, beautifully renovated bathroom and laundry, a brand-new self-contained 1 bedroom, 1 bathroom guest retreat complete with kitchenette and lounge, plus three luxury bell tents that are currently operating as a boutique Airbnb glamping experience.
The architecturally designed hexagonal residence is full of warmth and character, with rammed earth walls, solid timber features, slate flooring and soaring cathedral ceilings creating an atmosphere that feels both rustic and luxurious. Every room enjoys beautiful ocean views, while air-conditioning throughout, ceiling fans and smart lighting controlled from your phone provide all the modern comforts.
The home offers two generous bedrooms with built-in robes, two bathrooms, a spacious open-plan kitchen, living and dining area, and has been perfectly positioned to capture the cooling sea breezes. Completely off-grid, it is powered by a near-new state-of-the-art solar system with solar hot water, while a private bore supplies fresh water that's filtered into storage tanks before being filtered again into the home. With no water rates and virtually no power bills, the property delivers complete self-sufficiency without compromising on comfort.
Beyond the home, beautifully established tropical gardens create a peaceful sanctuary where native birds and wallabies are regular visitors. A large double garage or shed provides additional storage, while the impressive 235sqm warehouse, complete with a 137sqm undercover work area, offers endless possibilities. Whether you're storing boats, caravans and machinery, operating a business from home or accommodating guests, this incredible space has you covered. The newly completed self-contained accommodation within the shed provides the perfect setup for extended family, caretakers or additional holiday accommodation.
For those looking to generate an income, the three beautifully appointed ocean-view bell tents elevate this property to another level. Currently operating as a boutique Airbnb glamping experience, guests enjoy access to a purpose-built communal outdoor kitchen with BBQ as well as a custom outdoor shower (with hot water!) and separate toilet, creating a unique off-grid escape that perfectly complements the natural beauty of Coconut Wells.
Additional features include a security entrance with keypad access, backup diesel generator and an enormous cracker-dust parking area capable of accommodating multiple vehicles, boats, caravans and trailers with ease.
Located just 15 minutes from Broome and forming part of an exclusive community of approximately 35 acreage properties with direct beach access, opportunities of this calibre are exceptionally rare.
Whether you're searching for an extraordinary family home, a luxury coastal retreat or a lifestyle property with established tourism income and unlimited future potential, this is quite simply one of Broome's most remarkable offerings.
For further property details, or to arrange a private inspection, please contact Team Cole on 0490 460 334 or at stephen.cole@raywhite.com.
• Shire rates approx. $3000pa
• Water rates $NIL
• 1995 Built
• 3.64Ha
• Offering Vacant Possession at Settlement
Disclaimer:
*The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.
Listing description written by Stephen Cole, Ray White Broome — reproduced as published, not verified by Districts.