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WA › Broadwater › George Way

28 George Way, Broadwater WA 6280

For saleHouse for Sale

$1,480,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

815 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,480,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,480,000(Listing record · 3 June 2026)
  • FactLand 815 m²; no building size recorded.(Property record)
  • CalculationAsk is 38% above the Broadwater median recorded sale ($1,073,500, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Broadwater's advertised median rent ($762/wk), implied gross yield would be 2.68% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,480,000

Asking · $1,816/m² of land

No recorded sale for this property.

Broadwater at a glance

4,600

People

$1,073,500

Median sale

$762/wk

Median rent

3.69%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Broadwater report →

Vs Broadwater

+37.9%

Median sale

Suburb $1,073,500

-1.01 pp

Gross yield

Suburb 3.69%

Suburb median $1,073,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,480,000
Stamp Duty (Western Australia)
$67,336
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,551,261

$71,261 on top of the price (4.8% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Broadwater's advertised median rent — not a rent for this listing.

Net yield
1.18%
Annual cashflow (pre-tax)
$-59,536
Interest cover (DSCR)
0.23
Annual rent
$39,624
Operating expenses
$22,200
Loan amount
$1,184,000
Annual interest
$76,960
Gross yield
2.68%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,480,000available3 June 2026

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. Listed land size is 815 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.

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 $762/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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. Listed land size is 815 m² — that is not 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

Broadwater in one glance

Broadwater at a glance

4,600

People

$1,073,500

Median sale

$762/wk

Median rent

3.69%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Broadwater report →

Keep researching

  • Why Broadwater? Read the area thesis →
  • What else is on the market in Broadwater →
  • Other records on George Way →

Listing material

Listed by Busselton Agency

The Perfect Place to Call Home!

Just 430 metres from the sparkling shoreline, this beautifully presented home offers an enviable coastal lifestyle in one of Busselton's most sought-after locations. Whether you're looking for the perfect family home, a relaxing holiday retreat, or a smart investment, this property delivers exceptional value and an unbeatable beachside address.

Step inside and be welcomed by light-filled interiors, fresh neutral décor and a spacious layout designed for comfortable everyday living. Multiple living zones provide flexibility for growing families, entertaining guests, or simply enjoying your own space, while the centrally positioned kitchen forms the heart of the home, seamlessly connecting the indoor and outdoor living areas.

Overlooking the main living space and the stunning gabled patio, the kitchen allows you to stay connected while entertaining or relaxing. The expansive outdoor area creates the perfect setting for summer barbecues, morning coffees and long evenings spent with family and friends.

Read the full description

With the beach just a short stroll away and all the attractions, cafés, schools, and amenities that make Busselton such a desirable destination within easy reach, this home offers the feeling of being on holiday every day of the year.

INSIDE FEATURES

• Brick & colourbond construction

• Spacious separate lounge room with open fireplace

• High ceilings throughout with raked ceiling in kitchen/lounge area

• Open plan meals and family area

• Split system air conditioning and combustion fire in main living area

• Centrally located kitchen with corian benchtop, electric oven, gas hotplate, dishwasher & built in pantry

• Three large bedrooms and one single sized bedroom and all with ceiling fans & robes

• Ensuite bathroom with separate shower, bath, vanity & separate wc

• Main bathroom with vanity, separate shower & wc

• Study/Dining off the kitchen area

• Separate laundry off the kitchen

• Instant gas HWS

OUTSIDE FEATURES

• 430m to Geographe Bay

• North facing backyard

• Expansive 6m x 7m alfresco entertaining area flowing from the main living space complete with a one of a kind hot tub for year-round relaxation

• Side access through the garage

• 7m x 5m powered shed

• Reticulated gardens off a bore

• Block size 815m2

• 20m frontage

NEARBY FACILITIES

• Bus Stop 150m (by foot)

• Busselton District Hospital 1.5km

• Busselton Jetty 4.7km

• Town Centre 4.4km

• Geographe Bay 430m

• Boat Ramp 1km

• Shopping Centre 1.3km

• West Busselton Primary School 1.4km

• Busselton Senior High School 1.5km

• Park 200m

(Distance are approximate, by road unless otherwise stated.)

Listing description written by Chris Rigoll, Busselton Agency — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.