West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › West Lakes Shore › Cormorant Ct
$945,000
Last sold
27 Feb 2023
2
Bedrooms
1
Bathrooms
2
Car spaces
150 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
$945,000
27 Feb 2023 · derived via latest_sale
West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs West Lakes Shore
-28.5%
Median sale
Suburb $1,321,000
+0.91 pp
Gross yield
Suburb 2.28%
Suburb median $1,321,000 from 23 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
SAPlanning layers have not been retrieved for this property yet. 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $579/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. This lot’s own applications are a separate question. 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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCAuction Sat, 25th Feb - 3pm (usp)
Holiday at home every day in this two-storey townhouse in the tightly held beachfront location at secluded West Lakes Shore.
We hate using cliches, but 27 Cormorant Court is the ultimate in 'Location, Location, Location' - and is ready for new owners to update or renovate to their own personal taste.
Move in and enjoy what seaside living has to offer, while planning your dream makeover to make this home truly your own.
The property offers two large bedrooms upstairs, both with BIR's and split system air conditioning - plus a third room which could be used as an office/nursery. The master bedroom has its own balcony with incredible uninterrupted views to the beach below.
Imagine enjoying your morning coffee from your balcony, reading the paper while watching the gentle waves roll in, or in the evening - pouring a glass of wine and watching the stunning sunsets over the ocean...
The bedrooms upstairs are serviced by a generous sized central bathroom with shower, bath, and toilet.
The kitchen is adjacent a large light and bright open plan living and dining area which opens to the outside front entertaining area. This is the perfect spot for lazy Sunday lunches with family and friends, or a place to just sit and relax - while deciding if you would like to go for a swim, or a walk along the beautiful beach.
Downstairs there is also a laundry with good storage, plus a separate 2nd toilet.
At the rear of the home is a private large internal courtyard, and double side by side secure garaging.
West Lakes shopping centre is only a few minutes away - and while you'll feel a million miles from the city, you are only a 20-minute drive, or a short bus trip.
27 Cormorant Court is an opportunity not to be missed. This is your chance to buy an affordable absolute beachfront property - a blank canvas that is ready for you to add your own personal touches!
Inspection is a must – this property will be sold.
Additional Information:
Strata Titled (currently under review by strata manager with potential to become community title subject to cost and owners approval)
Admin Fees. $545.81 PQ
Sinking Fund $25.62 PQ
Rental Expectation $500--$550 pw
Auction Live Streaming via GAVL - Ouwens Casserly clients have the opportunity to watch, bid, and buy via live property auctions.
Register through www.gavl.com and follow the property link below: https://x5u9a.app.goo.gl/a8dT
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 275403
Listing description written by Angela Stentiford, OC — reproduced as published, not verified by Districts.