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 › Andrew St
$590,000
Last sold
22 Dec 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
14,316 m²
Land
275 m²
Building
Districts View
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
$590,000
22 Dec 2022 · derived via latest_sale
Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $498/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
-28.9%
Median sale
Suburb $830,000
+1.67 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 14,316 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 14,316 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 @realtyIn the old section of Lower King is something quite unique. A north facing, 4 bed, 2 bath, brick/veneer and tile home on a large R5/R20 zoned 1.4ha lot. Something, I’d suggest, converts to a fantastic opportunity for someone with an eye on the future!
The house is substantial and distinctly 70’s, with rumbled bricks and breeze block styling externally. Internally, there is a sunken lounge with wooden balustrade and exposed beams, violet tones in wet areas, and a maze of kitchen pantry nooks and crannies for sorting out. 3rd loo is a bonus.
Outside is a double carport with remote tilt-a-door, a giant games room (approx. 13x5m), a shed (approx. 9x7m) with concrete floor, a supersized garden shed, a fully fenced yard which encloses the entire house/garden/shed area, and a separate paddock for your horse, sheep or other favourite 4-legged friend.
Added to this are benefits that the property is a mere stone’s throw to the Lower King Store, Post Office and Bottle Shop, it is mightily close to Oyster Harbour boat ramps and foreshore facilities, it is just a short drive to Grammar School, and is only a 15min drive to superb beaches or the Albany CBD. What more could you want?!
3 phase power and mains water supply connections at the SW corner of the property extend along the southern boundary to the house. City rates are approx. $2212pa and water rates approx. $265pa. Bottled gas services a new stove in the kitchen. There is a wood fire in the lounge and solar HWS for sustainability.
Plenty of promise oozes from this property, despite looking a bit rough around the edges. Away from main roads and privately nestled into a relatively undeveloped and bushy locale of a popular residential locale close to harbour, beach and local shopping facilities will suite a growing family, a tradie with lots of work gear to store, a home-based business operator or someone who doesn’t like feeling hemmed in. Plus, there’s the residential zoning and big block that will interest someone with an eye out for the future.
This property is bound to delight. Please call to view. I’m sure you will be impressed.
Listing description written by Anne Brandenburg, @realty — reproduced as published, not verified by Districts.