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WA › Joondalup › Shenton Ave

15B Shenton Ave, Joondalup WA 6027

For saleApartment for Sale

$600,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

149 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this ask?

  • FactListed for sale, asking $600,000(Listing record · 8 July 2026)
  • CalculationAsk is 40% below the Joondalup median recorded sale ($1,000,000, n=49, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Joondalup's advertised median rent ($658/wk), implied gross yield would be 5.70% — 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

$600,000

Asking · $4,027/m² of land

No recorded sale for this property.

Joondalup at a glance

10,487

People

$1,000,000

Median sale

$658/wk

Median rent

3.42%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Joondalup report →

Vs Joondalup

-40.0%

Median sale

Suburb $1,000,000

+2.28 pp

Gross yield

Suburb 3.42%

Suburb median $1,000,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$600,000
Stamp Duty (Western Australia)
$22,515
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
$626,440

$26,440 on top of the price (4.4% 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 Joondalup's advertised median rent — not a rent for this listing.

Net yield
4.20%
Annual cashflow (pre-tax)
$-5,984
Interest cover (DSCR)
0.81
Annual rent
$34,216
Operating expenses
$9,000
Loan amount
$480,000
Annual interest
$31,200
Gross yield
5.70%

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

  1. Listed$600,000available8 July 2026

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 149 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 $658/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 5.7%. 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 149 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

Joondalup in one glance

Joondalup at a glance

10,487

People

$1,000,000

Median sale

$658/wk

Median rent

3.42%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Joondalup report →

Keep researching

  • Why Joondalup? Read the area thesis →
  • What else is on the market in Joondalup →
  • Other records on Shenton Ave →

Listing material

Listed by Harcourts Alliance Joondalup

A Gem Worth Discovering!

When location is everything and convenience is king, this stylish and comfortable ground-floor 2 bedroom 2 bathroom street-front apartment delivers in spades.

Nestled in the vibrant heart of the Joondalup CBD, just footsteps from shopping, dining, transport and entertainment, it combines contemporary practicality with secure parking, private storage and the lock-up-and-leave lifestyle you've been searching for.

A tiled open-plan living, dining and kitchen area doubles as the spacious hub of the layout, comprising of split-system air-conditioning, a gas bayonet for heating, a breakfast bar, a step-in pantry, a microwave recess, tiled splashbacks, double sinks, a pull-out range hood, a stainless-steel Bosch four-burner gas cooktop, a stainless-steel oven of the same brand and a sleek white Dishlex dishwasher. It all seamlessly flows outside to an intimate front alfresco-entertaining courtyard that is paved and benefits from a splendid leafy north-facing aspect.

Read the full description

Making the most of both the floor and wall space on offer is a fully-tiled main bathroom/laundry wet area with a powder vanity, under-bench storage, a shower and toilet. The cleverly-concealed European-style laundry sits behind folding doors, keeping things neat and tidy.

Both bedrooms are carpeted, large in size, have ceiling fans and boast full-height built-in wardrobes. Triple-sliding-door robes grace the second bedroom that extends out to a paved rear alcove with a lock-up storeroom - featuring a light and shelves.

Also leading out to the back courtyard is the commodious master suite - where four sliding doors of floor-to-wall-to-ceiling built-in robes complement a fully-tiled ensuite with a bathtub, showerhead, vanity, under-bench cupboards and a toilet. Your own rear gate reveals direct access to tandem two-car garage parking, off the privacy of a tranquil laneway.

Lush local parks can be reached in a matter of mere minutes, whilst bus stops, medical facilities and several restaurants sit metres away in their own right. Throw in a very close proximity to cafes, picturesque Lake Joondalup parkside walking trails, the local TAFE campus and Edith Cowan University campus, Lake Joondalup Baptist College, Arena Joondalup, shopping at Lakeside Joondalup, the freeway, the Currambine and Joondalup Train Stations, the local industrial precinct, world-class golf at Joondalup Resort and pristine northern-suburbs' swimming beaches and you have yourself an address to absolutely adore.

It's the kind of easy-care opportunity that's just as appealing to first-home buyers as it is to down-sizers and savvy investors. Walk everywhere and worry less - your urban sanctuary well and truly awaits!

Other features include, but are not limited to:

- High ceilings

- Hallway linen press

- A/V intercom system

- Feature ceiling cornices

- Security doors

- Internal hot-water system (laundry)

- Reticulated rear garden bed

- Street-parking options for your guests and visitors to utilise - only metres away from your doorstep

- Built in 2000 (approx.)

Listing description written by Michael Stephens & Britt Brockett, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.

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Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.