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WA › Shoalwater › Otway Pl

2 Otway Pl, Shoalwater WA 6169

House

$520,000

Last sold

19 Jan 2024

3

Bedrooms

1

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $520,000 (19 Jan 2024).(Recorded sale)

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

What this lot has actually traded at

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.

See the full Shoalwater report →

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 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. Sold$520,00019 Jan 2024
  2. Listedprice unknowncompleted6 Dec 2023

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. 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 $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.

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

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

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.

  • 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

Shoalwater in one glance

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.

See the full Shoalwater report →

Keep researching

  • Why Shoalwater? Read the area thesis →
  • What else is on the market in Shoalwater →
  • Other records on Otway Pl →

Listing material

Listed by Turner Estate Agents

DON'T MISS THIS ONE - OPPORTUNITY DOES KNOW TWICE

It 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

Read the full description

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.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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