Shoalwater at a glance
4,849
People
$902,500
Median sale
$578/wk
Median rent
3.33%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Shoalwater › Otway Pl
$520,000
Last sold
19 Jan 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
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
$520,000
19 Jan 2024 · derived via latest_sale
Shoalwater at a glance
4,849
People
$902,500
Median sale
$578/wk
Median rent
3.33%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Shoalwater
-42.4%
Median sale
Suburb $902,500
+2.45 pp
Gross yield
Suburb 3.33%
Suburb median $902,500 from 36 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. 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
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
Shoalwater at a glance
4,849
People
$902,500
Median sale
$578/wk
Median rent
3.33%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Turner Estate AgentsIt was a case of blink and you missed it for neighbouring 4 Otway Place, with the home selling very
quickly.
So, if you loved that house but weren't the successful buyer, here's another chance to get a home
that ticks the same boxes - first home, downsizer, investment or home for a small family - all in a
convenient location minutes from gorgeous beaches.
The layout is a mirror image of 4 Otway. The front door opens directly to a good-sized open-plan
living/dining/kitchen/family area with low-maintenance tiled flooring and split-system
airconditioning. The kitchen has plenty of storage and bench space, stainless-steel appliances, pantry
and fridge recess.
A sliding door opens to a covered patio area where you can entertain. It is set directly behind the
double carport (automatic door for security and privacy), so you could leave the cars on the roomy
driveway and make use of that space when you have larger gatherings.
There are three bedrooms, all with built-in robes. The master has semi-ensuite access to the
bathroom with bath, shower, vanity unit and toilet.
A second toilet is accessed via the laundry is a welcome feature for family living or when you have
guests.
The home is set on an elevated 486sqm block, in walking distance of Lake Richmond, with its
extensive walking trails; a short drive from Shoalwater, Warnbro and Palm Beaches; and minutes
from multiple parks, Shoalwater Bay and Safety Bay primary schools, and the Shoalwater Shopping
Centre. There's easy access to public transport on Safety Bay Road and it's a quick drive into the
centre of Rockingham.
The block is a great for someone looking for low-maintenance living but also has enough scope for
someone who wants to do a bit of gardening, entertain or have a dog.
There is a front courtyard with garden beds and wraparound backyard with lawn, garden beds and
garden shed. There is also side access to the backyard on both side of the house.
Inside
Open-plan living/dining/kitchen/family area with split-system airconditioning and tiled flooring
Kitchen with plenty of storage and bench space, stainless-steel appliances including oven, gas
cooktop and rangehood, breakfast bar, tiled splashbacks, pantry, and fridge recess
Three carpeted bedrooms and one bathroom with bath, shower, vanity unit and toilet
Master bedroom with built-in robes and semi-ensuite access to the bathroom
Two bedrooms with built-in robes
Laundry with second toilet
Linen cupboard
Outside
486sqm corner block
Covered patio
Front and rear gardens with lawn and garden beds
Garden shed
Secure double carport with sectional door
Gated side access to the backyard on both sides of the house
Security screens to the doors and front windows
Bore
Estimated current : Rates $1949.92 Water $1134.60 p/a
*Disclaimer: This document has been prepared for advertising and marketing purposes only. It is
believed to be reliable and accurate, but clients must make their own independent enquiries and
must rely on their own personal judgment about the information presented. Kim Turner Real Estate
provides this information without any express or implied warranty as to its accuracy. Any reliance
placed upon it is at the client's own risk. Kim Turner Real Estate accepts no responsibility for the
results of any actions taken or reliance placed upon this document.*
Listing description written by Sacha Pop-Markov, Turner Estate Agents — reproduced as published, not verified by Districts.