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WA › Golden Bay › Erlistoun St

14 Erlistoun St, Golden Bay WA 6174

For saleHouse

$1,399,000

For sale

Asking

$735,000

Last sold

22 Feb 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

860 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,399,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,399,000(Listing record · 30 Apr 2026)
  • FactLand 860 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Golden Bay (last 5 years) with land size: median $1,881/m² of land (n=150). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 69% above the Golden Bay median recorded sale ($830,000, n=115, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Golden Bay's advertised median rent ($662/wk), implied gross yield would be 2.46% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned Residential (1) under the ROCKINGHAM.(Landgate SLIP · 31 Aug 2026)

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?

No verification items generated for this record.

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

$1,399,000

Asking · $1,627/m² of land

Last recorded sale $735,000 (22 Feb 2023).

Local land rate: recorded House sales in Golden Bay (last 5 years) with land size have a median of $1,881/m² of land (n=150). Districts calculation from recorded sales — not a valuation.

Golden Bay at a glance

8,069

People

$830,000

Median sale

$662/wk

Median rent

4.15%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Golden Bay report →

Vs Golden Bay

+68.6%

Median sale

Suburb $830,000

-1.69 pp

Gross yield

Suburb 4.15%

Suburb median $830,000 from 115 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,399,000
Stamp Duty (Western Australia)
$63,164
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
$1,466,089

$67,089 on top of the price (4.8% 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 Golden Bay's advertised median rent — not a rent for this listing.

Net yield
0.96%
Annual cashflow (pre-tax)
$-59,309
Interest cover (DSCR)
0.18
Annual rent
$34,424
Operating expenses
$20,985
Loan amount
$1,119,200
Annual interest
$72,748
Gross yield
2.46%

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 scheme

ROCKINGHAM

Zone

Residential

1

Jurisdiction

Rockingham

Rockingham, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1660199

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 detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

202320242026$735k$1.4m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,399,000available30 Apr 2026
  2. Sold$735,00022 Feb 2023
  3. Listedprice unknowncompleted15 Feb 2023
  4. Listedprice unknowncompleted15 Feb 2023

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 860 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

Flood overlay has not been queried for this lot. 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 $662/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 2.5%. 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.

2 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 860 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?

    Knownmedium

    Official parcel about 864 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Golden Bay in one glance

Golden Bay at a glance

8,069

People

$830,000

Median sale

$662/wk

Median rent

4.15%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Golden Bay report →

Keep researching

  • Why Golden Bay? Read the area thesis →
  • What else is on the market in Golden Bay →
  • Other records on Erlistoun St →

Listing material

Listed by Aqwasun Estate Agents

SIMPLY STUNNING COASTAL HOME!

Refined Living, Defined by the Coast - A residence redefined from the ground up, this coastal home delivers a complete indulgence where thoughtful design meets everyday ease. From the moment you arrive, there is a sense of intention, a home designed not just to look impressive, but to live beautifully.

The entry sets the tone, with practical statement storage designed for coastal living, a place to drop the day, hang the towels and step into a space that immediately feels considered. From here, the home unfolds into multiple living zones, including a dedicated theatre or lounge retreat with high ceilings, offering a quiet escape when needed.

At its heart, the open plan living is where this home truly comes to life. Tiled throughout with warm wood-look flooring and soft ambient downlighting, the space feels both refined and inviting. A custom-fitted lounge and built-in cabinetry anchors the room, creating a natural place to gather, relax and entertain.

Read the full description

The kitchen has been designed for those who love to host. A generous island bench offers extensive storage and functionality, complemented by a 900mm oven, gas cooktop, overhead cabinetry and double sink. Beyond, a substantial scullery elevates the experience further, complete with additional storage, dedicated study nook and a coffee station that makes mornings feel effortless. A shopper's entrance provides direct access, while a sliding door connects seamlessly to the outdoor entertaining area.

Upstairs, a timber staircase leads to a private retreat where the main bedroom has been thoughtfully considered. The master suite is generous in scale, comfortably accommodating a king-sized layout and opening to a large west-facing balcony, where evenings are spent watching the sun dip into the ocean. The ensuite offers a sense of indulgence, with a spa bath, double vanity with new finishes, shower and separate toilet.

Additional bedrooms are well-proportioned, each with built-in storage and ceiling fans, while the main bathroom continues the home's cohesive feel with a separate bath, shower and toilet. A fitted laundry adds further practicality.

Outdoors, the home continues to deliver. A newly completed patio and fully paved entertaining area create a low-maintenance space designed for year-round use. The backyard has been thoughtfully finished with a combination of concrete paving, limestone pebbles and bore reticulation, while double gated side access offers flexibility for additional vehicles, trailers or lifestyle needs.

This is a home where the work has been done, where the detail has been carefully curated, and where the lifestyle speaks for itself. From entertaining friends to quiet evenings on the balcony, it is a residence that connects with how you want to live.

The key here is not simply the renovation; it is the way this home has been meticulously designed to deliver both immediate impact and long-term comfort. For more information or to arrange your viewing, contact Aaron on 0406 301 229 or Annette on 0409 489 534.

Disclaimer

This information is provided for general information purposes only and is based on details supplied by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should make their own independent enquiries.

Listing description written by Aaron Rolt, Aqwasun Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3
  • Toilets: 2

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