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 › Norwood Rd
$325,000
Last sold
4 Aug 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
1,098 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
$325,000
4 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $498/m² of land (n=66). 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
-60.8%
Median sale
Suburb $830,000
+6.35 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 1,098 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 1,098 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 EstateThis substantial, well-priced property in a beautiful location is one for buyers prepared to roll up their sleeves and do some serious renovations or replace the home with a new build.
Either way, the financial and lifestyle rewards are clear.
The estate consists of a 1960s home on a versatile 1098sqm block on the edge of rural land and very close to excellent fishing spots on the King River.
This idyllic setting in a green enclave among similarly sized properties promotes quiet and tranquility with an abundance of native vegetation and birdlife.
To be sold as is. If it were retained, it would need an extensive upgrade throughout, though the layout could be largely preserved.
Living areas consist of a big family room with a wood fire, a lounge or dining room with an outlook to the hills of Gull Rock National Park, and a meals area adjoining the kitchen, where there's a walk-in pantry and storeroom.
The three bedrooms are all doubles, and there's a shower room, laundry and toilet.
At the rear is a separate studio or games room with power connected, and a double, high-clearance carport.
Apart from a few native trees at the boundary and a lawn at the front, the block is cleared and ready for replanting or construction.
The property inspires numerous possibilities to take advantage of the site and location. Buyers choosing to build a new home could exploit the outlook with a two-storey residence, and even a single-storey home with a big footprint would leave enough space for garages, a shed, recreation and gardens.
The Oyster Harbour boat ramp is a few minutes' drive away and for families, Great Southern Grammar and other good schools are within easy reach.
A major supermarket is close by, and town is only 11.5km away.
The rewards are many for those recognising the outstanding prospects this estate presents and the many attractions of Lower King living.
What you need to know:
- 1960s home – upgrade or replace
- Versatile 1098sqm block
- Idyllic spot on edge of rural land, near King River
- Outlook to Gull Rock National Park
- Lounge, games room, meals, kitchen with storeroom
- Three double bedrooms, shower room, laundry
- Separate games room or studio
- Double high-clearance carport
- Land mainly cleared, few native trees, front lawn
- Space for building new home with sheds, garages, gardens
- Tranquil spot overlooks native vegetation
- Easy access to boat ramp, fishing spots, shopping centre
- Great Southern Grammar and other good schools close by
- 11.5km from town
- Council rates $1,838.87
- Water rates $264.35
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.