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 › Shepherd St
$280,000
Last sold
16 Sept 2022
4
Bedrooms
1
Bathrooms
2
Car spaces
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
$280,000
16 Sept 2022 · derived via latest_sale
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
-66.3%
Median sale
Suburb $830,000
+8.03 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. 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.
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 @realtyYou might think that there would be lots wrong with a 4 (or if you prefer a 5) bedroom home with a double garage and spacious yard at only $360,000? Not at all…
This very cute, cottagey home is undoubtedly one of the best choices in its price class, whether you're seeking a home for yourself or as an investor.
To view all 51 photos, please copy/paste or type in this link to my website: https://www.jessadamsrealty.com.au/properties/13-shepherd-street-lower-king-2/
A neat, low-maintenance front yard and large wooden deck welcome you to the front door.
Enter into the lounge and you’ll immediately be impressed by the high-raked ceilings which add a lot of character and light to the home. From here you can see the dining room, stairs going up to the next level and the two corridors left and right leading to the bedrooms, laundry and the lovely, modern bathroom.
To the right of the lounge are 2 spacious bedrooms. The one facing the front yard is approximately 3 x 4 m2 - currently used as a storage room - while the second is roughly 3 x 4.5 m2 with pleasant views over the back yard.
A glass slider opens out from the dining area to a wooden deck overlooking the backyard.
The kitchen is next to the dining area, partly hidden behind the staircase. It’s not huge, but there’s a double sink; a free-standing oven and hob, space for a fridge and reasonable bench/cupboard space.
Down the corridor (left of entry) you will find the laundry on your right (backing onto the kitchen) with its own door leading out onto the back deck.
At the end of the corridor is a new, separate water closet and a lovely new bathroom - complete with a shower, fancy bath and basin. Two more spacious bedrooms, roughly 3.5 x 3.5 m2 each are down this corridor – facing the front yard and afternoon sun.
Upstairs is delightful. The current owners use it as the 5th bedroom (master bedroom) and their private retreat, but it could easily be a second lounge or whatever your family needs may be.
It consists of a big room (current bedroom) and a large space for an office or private lounge behind it. Extra storage space, always handy, was cleverly incorporated into the roof space.
On the other side of the stairway/opposite the bedroom, is another room, roughly the size of a small single room – currently used as a large walk-in robe. The loft room has its own private deck looking out over the backyard and over the neighbour's rooftops towards Oyster Harbour and enjoys rather lovely water views in the distance. It's the best place to sit and watch the sunrise with a coffee in hand as well as the ideal quiet retreat to unwind with a beer or a glass of wine after a hard day’s work.
A wide gravelled driveway down the side of the house leads into a gated backyard – ideal for kids and pets. With an 835 m2 yard, there’s plenty of space to park a boat, caravan and a few cars securely. The double garage (single sliding door) has a good workshop space attached as an added bonus.
Most Lower King inhabitants enjoy boating and fishing or want to be in a quiet area close to the water. The Lower King Bridge is just 2.5 km up the road, while the Lower King boat ramp is only 1.8 km/ 4 minutes’ drive away.
This home would be very suitable for first home buyers, tradies, families and investors. The size and layout of the home allow for easy alterations to suit your family's needs.
The large back and small upstairs wooden decks are currently being repaired/replaced, we're waiting for a long enough break in the weather so the workmen can start. Both decks will have brand new boards soon.
We’d like to welcome private inspections from qualified buyers (pre-approved finance or cash) before letting other buyers through. Please contact the exclusive agent Jess to book a private viewing - no home opens.
In summary:
• 4 Good size bedrooms (no built-in robes) + upstairs 5th bedroom/second lounge with office space/private lounge and walk-in robe
• Large block of 835 m2 with a gated yard, double garage and large workshop
• Front wooden deck, back deck and a third deck upstairs
• Gorgeous bathroom and separate water closet
• The brick veneer home was built in 1990 – with recent renovations
• Light, bright and happy home, freshly painted inside
• No immediate maintenance is required, but it can do with new carpets downstairs
• Reverse cycle air conditioning in lounge
• New electric hot water system recently installed
• Water softener installed
• Second toilet’s plumbing is already installed in the bathroom, a handy option if you need a 2nd loo
• 3 Minutes’ drive from Lower King Bridge
• 4 Minutes’ drive to Lower King Boat Ramp
• 4 Minutes’ drive to Bayonet Head Shopping Centre
• 220m to Lower King Community Kindy
• Flinders Park Primary School is 4 minutes’ drive away while ASHS is the closest high school
• The school bus pickup is a 2-minute walk – literally at the end of the road
• Rates and taxes 2021/22 - $2,002.20
Listing description written by Jess Adams, @realty — reproduced as published, not verified by Districts.