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 › Elizabeth St
$450,000
Last sold
18 Aug 2022
4
Bedrooms
1
Bathrooms
1
Car spaces
688 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
$450,000
18 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $487/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
-45.8%
Median sale
Suburb $830,000
+3.45 pp
Gross yield
Suburb 4.08%
Suburb median $830,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 688 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 688 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby 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.
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 EstateActive families will love the enviable lifestyle on offer at this attractive home within about 250m of Oyster Harbour for fishing, swimming, kayaking and sailing.
It's in a top spot for a morning jog or a refreshing dip to start the day.
Those who are not quite so energetic will relish the scenic walks, local parkland, and the clear view of the water and Gull Rock National Park from the front of the block.
This is a neat double brick and Colorbond home occupying a 688sqm lot with a fenced back yard including an area of lawn, mixed fruit trees and a veggie patch ready for planting.
Inside, the home is light, warm and welcoming.
The air-conditioned open living space consists of a carpeted lounge, dining area and corner kitchen with modern white cabinetry, a dishwasher and gas cooking.
For outdoor relaxation, there's a back veranda overlooking the gardens.
A carpeted hallway leads to the four bedrooms. The master is a queen-sized room with a built-in robe and of the other three generous singles, two have robes.
The nearby bathroom has a bath, shower and vanity, the toilet is separate, and the laundry sports a fitted bench and cabinetry.
Adjoining the house is a secure, enclosed carport with space for stowing bikes, kayaks and golf clubs as well as the car, and there's extra off-road parking at the front.
For peace of mind, stainless steel security screens are fitted to doors and windows.
This is a lovely, well-maintained home which is sure to have wide appeal with families, empty-nesters and investors.
While its proximity to the coast is a major drawcard, the property is also within easy reach of good schools and shops, and town is a pleasant 10km drive away.
It's all ready for new owners to enjoy the comfortable home and the many everyday delights of living in this beautiful coastal enclave.
What you need to know:
- Double brick and Colorbond home
- 688sqm block
- Very close to the shore of Oyster Harbour – fishing, sailing, kayaking, swimming, parklands, scenic walks
- Air-conditioned open lounge and dining area
- White kitchen with dishwasher, gas cooking, modern cabinetry
- Queen-sized master bedroom with built-in robe
- Three family bedrooms, two with robes
- Bathroom with bath, shower, vanity
- Laundry with fitted bench and cabinetry
- Separate toilet
- Fenced back yard with citrus trees, lawn, veggie patch
- Secure enclosed carport with space for car and storage
- Additional off-road parking
- Stainless steel security screens to windows and doors
- Easy access to schools, shops, town
- Council rates $2,111.08
- Water rates $1,463.12
Listing description written by Kyle Sproxton, Merrifield Real Estate — reproduced as published, not verified by Districts.