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 › Slater St
$270,000
Last sold
30 Apr 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
706 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
$270,000
30 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $490/m² of land (n=67). 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
-67.5%
Median sale
Suburb $830,000
+8.48 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 706 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 706 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 EstateFirst buyers or investors chasing a neat, affordable property with a budget under $300,000 to work with should check out this pearler.
It's a comfortable, sunny home of brick and Colorbond with a lovely outlook towards bushland from the rear of its 706sqm corner block.
In a great family area just 12 minutes' drive from the CBD, it's also within easy reach of schools, shops and top fishing spots as well as the boat ramp on the shore of Oyster Harbour.
And for stowing the dinghy and parking the 4WD between fishing trips, there's a big shed with drive-through access to the back yard.
The home is light and pleasant with full-length windows in most rooms and clean, neutral décor, practical and attractive venetian blinds and modern tiling. Timber-look vinyl plank flooring flows throughout the main living area, and the bedrooms are fitted with good carpet.
At the front is a cosy lounge leading to the kitchen with gas cooking and white cabinetry, then through glass doors into an impressive games or hobby room. A Colorbond extension to the original home, this versatile, airy room with glass doors at each end is a great boost to living areas. It lends itself to use as an al fresco-style dining area when entertaining, though for summer barbecues the adjoining gable-roofed, paved patio is sure to be a favourite spot.
The three bedrooms are reached via a hallway off the main living area. Two are good-sized singles and the main bedroom is a big double. Nearby are the renovated bathroom with walk-in shower, vanity and toilet, and the laundry.
For the kids and dog, the back yard is fully fenced and mostly in lawn and there's stacks of off-road parking at the front, in addition to the shed.
An ideal lock-and-leave for those taking off for winter in warmer climes, it has a security system and a screen at the front door.
Perfectly suited to smaller families, couples or singles, this is a well-priced home for buyers getting their first foot on the ladder or those looking to step down to a manageable property without compromising on amenities. Investors can rely on a rental return of at least $300 per week ($15,600 per annum gross). For more information or to arrange an inspection of this gem, please contact Lee Stonell on 0409 684 653 or lee@merrifield.com.au
What you need to know:
- Attractive brick and Colorbond home
- 706sqm corner block
- Lovely bush outlook from the rear
- Big shed with space for dinghy and drive-through access to yard
- Sunny lounge
- White kitchen/meals area
- Games room or al fresco entertaining area
- Gable-roofed, paved patio
- One big double bedroom; two good-sized singles
- Renovated bathroom with walk-in shower, vanity, toilet
- Renovated laundry
- Attractive vinyl plank flooring, good carpets
- Nice tiling, clean décor
- Fenced back yard mostly in lawn
- Plenty of off-road parking
- Security system
- Ideal lock-and-leave
- Suited to smaller families, couples, singles, investors
- 12 mins from CBD
- Easy access to schools, shops, fishing spots, boat launch
- Council rates $1,938.25
- Water rates $1,463.15
Listing description written by Lee Stonell, Merrifield Real Estate — reproduced as published, not verified by Districts.