Safety Bay at a glance
8,462
People
$855,000
Median sale
$578/wk
Median rent
3.52%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
WA › Safety Bay › Penguin Rd
$1,150,000
For sale
Asking
3
Bedrooms
2
Bathrooms
4
Car spaces
546 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$1,150,000
Asking · $2,106/m² of land
No recorded sale for this property.
Safety Bay at a glance
8,462
People
$855,000
Median sale
$578/wk
Median rent
3.52%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Safety Bay
+34.5%
Median sale
Suburb $855,000
-0.91 pp
Gross yield
Suburb 3.52%
Suburb median $855,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$54,266 on top of the price (4.7% extra)
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.
Pre-filled with Safety Bay's advertised median rent — not a rent for this listing.
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.
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 546 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 $578/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.
Gross yield if leased at the suburb aggregate is 2.6%. 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
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 546 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
Safety Bay at a glance
8,462
People
$855,000
Median sale
$578/wk
Median rent
3.52%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Westcoast Property SalesWelcome to 172 Penguin Road, Safety Bay — a beautifully renovated coastal residence that blends quality craftsmanship, modern convenience and effortless living just moments from the shoreline. Thoughtfully transformed throughout, this impressive home offers a rare combination of premium finishes, generous storage, versatile outdoor spaces and secure parking, making it an outstanding opportunity for downsizers, professionals, retirees and families alike.
Featuring two master-style suites with private ensuites, stunning Marri timber flooring, stone benchtops and multiple entertaining areas, every detail has been carefully considered to create a home that is as practical as it is stylish.
Indoor Features
• Fully renovated throughout with absolutely nothing left to do
• Two spacious master-style suites, each complete with its own private ensuite
• Third oversized guest room with separate access to 2nd ensuite
• Large front lounge room
• Beautifully appointed kitchen featuring stone benchtops, loads of storage & over sized appliances
• Quality Marri timber flooring throughout
• Plantation shutters throughout the home
• Grand oversized front door creating an impressive first impression
• Generous-sized bedrooms with extensive built-in storage cupboards
• Security screens throughout
• Roller shutters
• Light-filled interiors complemented by quality fixtures and finishes
• Ideal lock-up-and-leave design for those seeking a low-maintenance lifestyle
• Brand-new appliances throughout the home
Outdoor Features
• Secure electric gate providing privacy and controlled access
• Enclosed garage with additional secure parking options
• Parking capacity for up to four vehicles
• New fencing surrounding the property
• Attractive exposed aggregate concrete adding both style and durability
• Expansive outdoor entertaining area
• Additional rear patio offering space for extra vehicles or a second entertaining zone
• Impressive extra-height double patio to the front of the home
• Raised garden beds
• Low-maintenance grounds designed for easy living
• 6.6kW solar panels
• Bore & reticulation
Location Highlights
• Approx 400m to Safety Bay Beach and Foreshore
• Walking distance to local cafés, restaurants and the IGA shopping complex
• Approx 1.1km to Safety Bay Primary School
• Approx 2.0km to Malibu School
• Approx 2.8km to Waikiki Village Shopping Centre
• Approx 4.0km to Rockingham Centre
• Approx 4.5km to the Rockingham Foreshore dining and entertainment precinct
• Approx 5.5km to Warnbro Train Station
• Approx 6.0km to Rockingham Train Station
• Approx 7.5km to the Penguin Island ferry departure point
• Approx 8.0km to Kwinana Freeway access via Safety Bay Road
Offering the perfect balance of coastal convenience, quality renovations and easy-care living, this move-in-ready home presents a lifestyle opportunity that is becoming increasingly difficult to find in Safety Bay. Simply unpack, settle in and enjoy everything this sought-after beachside community has to offer.
Contact the WestCoast Property Sales team today to arrange your inspection and experience everything this exceptional property has to offer.
Listing description written by Bethany Sebregts, Westcoast Property Sales — reproduced as published, not verified by Districts.