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WA › Castletown › North Rd

17 North Rd, Castletown WA 6450

For saleHouse for Sale

$475,000

For sale

Asking

3

Bedrooms

1

Bathrooms

3

Car spaces

817 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $475,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $475,000(Listing record · 31 Jan 2025)
  • FactLand 817 m²; no building size recorded.(Property record)
  • CalculationAsk is 23% below the Castletown median recorded sale ($615,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Castletown's advertised median rent ($494/wk), implied gross yield would be 5.41% — 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

$475,000

Asking · $581/m² of land

No recorded sale for this property.

Castletown at a glance

4,135

People

$615,000

Median sale

$494/wk

Median rent

4.18%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Castletown report →

Vs Castletown

-22.8%

Median sale

Suburb $615,000

+1.23 pp

Gross yield

Suburb 4.18%

Suburb median $615,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$475,000
Stamp Duty (Western Australia)
$16,578
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
$495,503

$20,503 on top of the price (4.3% 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 Castletown's advertised median rent — not a rent for this listing.

Net yield
3.91%
Annual cashflow (pre-tax)
$-6,137
Interest cover (DSCR)
0.75
Annual rent
$25,688
Operating expenses
$7,125
Loan amount
$380,000
Annual interest
$24,700
Gross yield
5.41%

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$475,000available31 Jan 2025

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 817 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 $494/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 5.4%. 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 817 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

Castletown in one glance

Castletown at a glance

4,135

People

$615,000

Median sale

$494/wk

Median rent

4.18%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Castletown report →

Keep researching

  • Why Castletown? Read the area thesis →
  • What else is on the market in Castletown →
  • Other records on North Rd →

Listing material

Listed by SaleByHomeOwner.com.au

Catch the Breezes

The phone enquiry code for this property is - 1492

You will be pleasantly surprised by this gorgeous home in a really convenient position, suitable for first home buyers, small families, downsizers, investors, or farmers looking for a town house.

Currently leased at $475/week until October 2025.

Read the full description

What more could you want?

Even the pillars and railing front fence invites you to walk in and feel right at home. The wide drive leads you to the entry steps and cooling verandahs, ideal for sitting out and watching the world go by. Take advantage of the elevated position to catch the afternoon breeze on a hot summer’s day or the warming morning sun in winter.

Walk inside to the open plan kitchen/dining/living and you’ll notice there is absolutely nothing to do. The reverse cycle air-conditioner is large enough to cool or warm the whole house; new floor coverings, window treatments, light fittings, taps and shower screen are just the beginning.

Walk-in robes in all bedrooms, linen cupboard in the hallway, second pantry or storage cupboard in the laundry, and two wc’s are all indications of the thought put into the home to make it comfortable and easy to live in.

Need a workshop? The double garage has benches and shelving, making it suitable for those who repair or tinker. There’s also a carport attached to the rear of the home. Park the car and walk straight into the home. No need to get wet in the rain. There are even convenient bus stops out front.

Main features:

Open plan kitchen/dining/living room

Reverse cycle air-conditioner

3 double sized bedrooms

Built-in robes

Heat extrusion fan

Bathroom with new shower screen

2 wc’s Roomy laundry with second pantry

New floor coverings and window treatments

New light fittings

Undercover clothesline in carport

Powered double garage

Rear carport/patio

Fully enclosed yard

Elevated position

Close to school, shops, beaches

This is a home well worth viewing.

Property Code: 276

Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Fully Fenced
  • Secure Parking
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.