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WA › Silver Sands › Watersun Dr

15 Watersun Dr, Silver Sands WA 6210

For saleHouse

$1,600,000

For sale

Asking

$825,000

Last sold

21 Oct 2022

5

Bedrooms

2

Bathrooms

4

Car spaces

816 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,600,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,600,000(Listing record · 22 July 2026)
  • CalculationRecorded House sales in Silver Sands (last 5 years) with land size: median $915/m² of land (n=86). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 75% above the Silver Sands median recorded sale ($913,092, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Silver Sands's advertised median rent ($526/wk), implied gross yield would be 1.71% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$1,600,000

Asking · $1,961/m² of land

Last recorded sale $825,000 (21 Oct 2022).

Local land rate: recorded House sales in Silver Sands (last 5 years) with land size have a median of $915/m² of land (n=86). Districts calculation from recorded sales — not a valuation.

Silver Sands at a glance

1,603

People

$913,092

Median sale

$526/wk

Median rent

3.00%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Silver Sands report →

Vs Silver Sands

+75.2%

Median sale

Suburb $913,092

-1.29 pp

Gross yield

Suburb 3.00%

Suburb median $913,092 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,600,000
Stamp Duty (Western Australia)
$73,516
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
$1,677,441

$77,441 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 Silver Sands's advertised median rent — not a rent for this listing.

Net yield
0.21%
Annual cashflow (pre-tax)
$-79,848
Interest cover (DSCR)
0.04
Annual rent
$27,352
Operating expenses
$24,000
Loan amount
$1,280,000
Annual interest
$83,200
Gross yield
1.71%

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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202220242026$825k$1.6m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,600,000available22 July 2026
  2. Sold$825,00021 Oct 2022
  3. Listedprice unknowncompleted13 May 2022
  4. Listedprice unknowncompleted13 May 2022

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 816 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

Official flood overlay has not been retrieved (pending). 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 $526/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 1.7%. 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.

1 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 816 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Silver Sands in one glance

Silver Sands at a glance

1,603

People

$913,092

Median sale

$526/wk

Median rent

3.00%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Silver Sands report →

Keep researching

  • Why Silver Sands? Read the area thesis →
  • What else is on the market in Silver Sands →
  • Other records on Watersun Dr →

Listing material

Listed by Ray White Mandurah

Beachside Living Without Compromise

Some homes offer space. Others offer lifestyle. Rarely do you find both.

Perfectly positioned opposite the beach reserve in one of Silver Sands' most tightly held coastal pockets, this exceptional family residence delivers an enviable lifestyle where morning walks along the shoreline, refreshing ocean swims and spectacular sunsets become part of everyday life. Beautifully designed across two spacious levels, this is a home that offers the space, flexibility and comfort to grow with your family for years to come.

Thoughtfully designed to accommodate every stage of family life, this exceptional residence combines generous proportions with everyday functionality, creating a home that evolves with your family's changing needs.

Read the full description

From the moment you step inside, the home's generous proportions and thoughtful design are immediately apparent. Multiple living areas provide the versatility every family appreciates, creating spaces to come together, entertain or simply enjoy quiet moments, while still allowing everyone room to spread out.

At the heart of the home, the spacious kitchen overlooks the open-plan family and dining area, creating a natural gathering place where family and friends connect. Whether you're preparing dinner, entertaining guests or enjoying everyday life, it's a space designed to be lived in.

Offering five generous bedrooms plus a dedicated home office, the home provides exceptional flexibility for growing families, those working from home, accommodating extended family or simply seeking the luxury of extra space. Every room has been thoughtfully positioned to create a practical and functional layout without compromising comfort.

Privately positioned upstairs, the master suite offers a peaceful retreat complete with a beautifully appointed ensuite and direct access to the expansive balcony. It's the perfect place to unwind while enjoying the cooling sea breeze and a peaceful coastal outlook.

Designed for year-round enjoyment, the expansive covered alfresco is undoubtedly one of the home's standout features. Seamlessly connecting with the main living areas, it creates an outstanding outdoor entertaining space where everything from relaxed weekend breakfasts to milestone celebrations can be enjoyed with family and friends.

Practicality is woven throughout every aspect of the home, with two well-appointed bathrooms, a generous laundry, excellent storage, a double garage and extensive brick-paved parking ensuring the property is as functional as it is impressive.

While the home itself is exceptional, it is the location that truly sets it apart. Positioned directly opposite the beach reserve and only moments from the pristine sands of Silver Sands Beach, you'll enjoy one of Mandurah's most sought-after coastal lifestyles. Mandurah's vibrant foreshore, quality schools, cafes, restaurants, shopping centres and everyday conveniences are all just minutes away, providing the perfect balance of relaxed beachside living and modern convenience.

Homes of this calibre, offering this level of accommodation in one of Silver Sands' most desirable locations, are rarely presented to the market.

Whether you're searching for the perfect family home, a place to entertain on a grand scale or the opportunity to embrace an exceptional coastal lifestyle, 15 Watersun Drive is a residence that delivers on every level.

Property Features

• Generous 816sqm allotment

• Prime position opposite the beach reserve

• Five spacious bedrooms plus dedicated home office

• Two well-appointed bathrooms

• Spacious master retreat with ensuite and private balcony access

• Multiple living areas across two levels

• Open-plan kitchen, dining and family area

• Separate formal lounge

• Expansive covered alfresco entertaining area

• Large upstairs balcony with coastal outlook

• Double garage

• Large laundry with excellent storage

• Extensive brick-paved parking with room for additional vehicles, a boat or caravan

• Beautifully established, low-maintenance gardens

• Moments from Silver Sands Beach, Mandurah Foreshore, cafes, schools and shopping

Inspection Information

Homes of this size, quality and location are seldom available and present a rare opportunity to secure one of Silver Sands' most impressive family residences.

Home Opens will be advertised online as scheduled, with private inspections available by appointment.

To arrange your viewing or request further information, contact Paul Ayris today.

Listing description written by Theo Alexandrou, Ray White Mandurah — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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