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 › Shepherd St
$427,000
Last sold
4 July 2022
3
Bedrooms
1
Bathrooms
3
Car spaces
804 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
Last sold
$427,000
4 July 2022 · derived via latest_sale
Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $487/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
-48.6%
Median sale
Suburb $830,000
+3.86 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 804 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 804 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 Merrifield Real EstateFrom the big, open living area and fabulous rear deck to the family-friendly location and the amazing sunrises, there are so many reasons for checking out this impressive home.
It occupies an 804sqm block, with a lovely outlook to the hills of Gull Rock National Park from rooms at the back, and plenty of play space for kids, both inside and out.
An appealing first impression is created though the oversized cream bricks, smart blue Colorbond roof, front portico and wide frontage.
The front door opens onto a generous, zoned living room – the family area, lounge, play or study space, and the dining room, all air conditioned for comfort and convenience.
Tucked around the corner is the attractive kitchen with a pantry, gas cooking, wall oven and ample cabinetry, including overheads.
At the back is the terrific deck. A gable-roofed section has pull-down shade blinds for protection from the weather while entertaining, and the adjoining open area is perfect for playing or relaxing in the sun.
A hallway off the living room leads to the three carpeted bedrooms. The queen-sized master has a walk-in robe, glass doors onto the deck and access to the semi-en suite bathroom, complete with spa bath, double shower, vanity and toilet. There's a second toilet off the nearby laundry, which has a linen press and built-in cabinetry.
Both of the other bedrooms are doubles and one has a built-in robe.
The outdoors holds an equal attraction for families, with a big back lawn for the kids to play on and a two-bay, freestanding, Colorbond shed with a carport or workshop at the side. With power connected, the shed is reached via a driveway past the house, where there's additional parking for several vehicles.
There's also a long, sheltered chook run and beds for growing veggies and herbs.
For those who love fishing and sailing, these are close by, and there's easy access to good schools.
It's 12 minutes from the centre of town, making this home a winner for families, while its wide appeal will also enhance its attraction to investors. To arrange an inspection of this fantastic property, please don't delay in contacting Lee Stonell on 0409 684 653 or lee@merrifield.com.au
What you need to know:
- Brick and Colorbond family home
- 804sqm block, connected to deep sewerage
- View over Oyster Harbour to Gull Rock National Park
- Air-conditioned open family room, dining area, study or activity area
- Kitchen with pantry, gas cooking, wall oven
- Deck with gable-roofed area and shade blinds
- Queen-sized master bedroom with walk-in robe
- Two double bedrooms
- Semi-en suite bathroom with spa bath, double shower, vanity, toilet
- Laundry and second toilet
- Freestanding double-bay shed and single carport, with power and lights
- Lawns, chook run, ample parking space
- Council rates $2,192.75 per annum
- Water rates $1,463.12 per annum
Listing description written by Lee Stonell, Merrifield Real Estate — reproduced as published, not verified by Districts.