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WA › Shelley › Nearwater Way

39 Nearwater Way, Shelley WA 6148

House

4

Bedrooms

2

Bathrooms

2

Car spaces

832 m²

Land

307 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationRecorded House sales in Shelley (last 5 years) with land size: median $2,469/m² of land (n=48). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Shelley (last 5 years) with land size have a median of $2,469/m² of land (n=48). Districts calculation from recorded sales — not a valuation.

Shelley at a glance

5,272

People

$2,050,000

Median sale

$786/wk

Median rent

1.99%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Shelley report →

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. Soldprice unknown6 Jan 2025
  2. Listedprice unknowncompleted22 Nov 2024

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 832 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 $786/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

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. Listed land size is 832 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

Shelley in one glance

Shelley at a glance

5,272

People

$2,050,000

Median sale

$786/wk

Median rent

1.99%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Shelley report →

Keep researching

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

Listing material

Listed by Nearwater Real Estate

Spacious Family Home with Duplex Potential!

Mark Hayes of Nearwater Real Estate is proud to present to you 39 Nearwater Way, Shelley! Set on a generous 832m² block, 39 Nearwater Way is a standout property offering unparalleled versatility and comfort. With an expansive floor plan of over 300m2, this home caters perfectly to growing families or investors with an eye on the potential for a duplex development. The property's balance of practicality and elegance creates an ideal environment for both everyday living and entertaining.

The thoughtful floorplan is designed for maximum functionality and flexibility. The ground floor features multiple living spaces, including a formal lounge, theatre room, and open-plan dining and meals area that seamlessly connects to the outdoors. Upstairs, the retreat/sitting area provides a private sanctuary, complemented by North and South-facing balconies that capture natural light and gentle breezes. Every corner of the home is crafted to suit a variety of needs, from quiet family moments to vibrant social gatherings.

The heart of the home is the well-appointed kitchen, complete with a breakfast bar, modern 900mm appliances, and abundant storage, making meal preparation a delight. Four spacious bedrooms, including a master suite with His and Her walk-in robes and a luxurious ensuite, ensure every family member has a comfortable space to call their own. Additional features, such as a large study and a functional laundry with a third toilet, further enhance the home's practicality.

Read the full description

This property's location is another of its shining features. Situated within close proximity to the picturesque Shelley Foreshore and Canning River, as well as top-tier schools like Rossmoyne High and Shelley Primary, it offers both lifestyle and convenience. Curtin University, local shops, medical facilities, and public transport are all within easy reach, ensuring your day-to-day needs are effortlessly met.

PROPERTY FEATURES:

- Duplex potential block (STCA)

- 4 large bedrooms, 2 bathrooms

- Quality build with huge internal living area

- Plenty of room for a pool or granny flat

- Large double garage with space for workbench

- Generous North and South facing balconies

- Multiple living areas

- 4 Split System A/Cs

- Large study

- Gas storage HWS (new)

- Bore (relatively new)

- Auto retic

- Large kitchen with breakfast bar and 900mm appliances

- BIRs to all bedrooms (His/Her WIRs to Master)

- Large ensuite with double sized shower and spa bath

- 3rd Toilet and large laundry

- Shed

- Ceiling fans

- City glimpses

LOCATION HIGHLIGHTS:

Close proximity to: Shelley foreshore/Canning River, Rossmoyne High School, Shelley Primary School, Curtin Uni, Riverton Leisureplex, shops, medical services, public transport etc.

FURTHER INFORMATION

- Council rates: $2,465.36/yr

- Water rates: $1,810.63/yr

Come and experience this property for yourself at one of our upcoming home opens, or contact Mark Hayes on 0473 854 775 to discuss further.

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries. The particulars contained are not intended to form part of any contract. Further, any floor plans or virtual staging included in the marketing material are for illustrative purposes only and the accuracy of dimensions or areas cannot be confirmed and should not be relied upon. Further, any rates or strata fees noted are estimates based on available information at time of publishing.

Listing description written by Mark Hayes, Nearwater Real Estate — reproduced as published, not verified by Districts.

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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.