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 › The Esplanade
$700,000
Last sold
9 Feb 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
1,194 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
$700,000
9 Feb 2022 · derived via latest_sale
Local land rate: recorded House sales in Lower King (last 5 years) with land size have a median of $487/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
-15.7%
Median sale
Suburb $830,000
+0.76 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 1,194 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 1,194 m² — that is not official geometry.
Nearby development pipeline
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 EstateDirectly opposite the shore of Oyster Harbour, with fishing, swimming and boating a short distance away, this exclusive home takes in lovely views over the water and coastal reserve.
Promising an enviable lifestyle for discerning buyers, it consists of a quality-built double-brick home set back on an 1194sqm block with a 10.5m x 6m shed – big enough for the boat and caravan – and ample parking space.
This is a classy home with superior finishing. It was designed to make the most of the outlook from the main open living area, where floor-to-ceiling windows and glazed doors create a sunny, inviting ambience. Beautiful polished river gum floors flow through this spacious area and into the hallways beyond, setting a tone of comfort and style.
This open space comprises the elegant family room and generous dining area with the kitchen alongside, complete with dishwasher, pantry, gas cooktop, wall oven and smart cabinetry.
At the back is a good-sized TV lounge, a relaxing retreat for parents or for active families to gather for indoor playtime.
Outdoor living is catered for with two areas to choose from, depending on the weather. There's an undercover area at the front overlooking the bay and at the back, a paved, gable-roofed patio, which could double nicely as a carport.
All three bedrooms are king-sized. The master has an en suite bathroom and his-and-hers walk-through robes, and the two family bedrooms have built-in robes. All are fitted with plush carpet.
The family bathroom has a bath, shower and vanity, and the toilet is separate, near the laundry, where there's a handy storage cupboard.
Solar panels and hot water system are welcome additions to keep down power bills.
The land is mostly in lawn with reticulated gardens and raised vegetable beds, all beautifully kept.
This is an outstanding property, a one-of-a-kind immaculately presented inside and out. It is sure to be appreciated by a growing family or out-of-towners demanding a coastal lifestyle without sacrificing space and fresh air.
Great Southern Grammar is within easy reach and when the city calls, it's less than 15 minutes away.
What you need to know:
- Double brick and tile home built in 2003
- 1194sqm block
- Directly opposite the shore of Oyster Harbour
- Jetty, boat ramp and beach close by
- Open family room and dining area
- Kitchen with dishwasher, pantry
- TV lounge
- Patios front and back
- King-sized master bedroom with walk-through robes to en suite shower room
- Two king-sized family bedrooms with built-in robes
- Main bathroom with bath, shower, vanity
- Separate toilet
- Laundry with store cupboard
- Beautiful river gum flooring in open area and halls
- Plush carpet in bedrooms and TV lounge
- 10.5m x 6m shed
- Space for boat and caravan
- Immaculate lawns and gardens, veggie beds, reticulation
- Near Great Southern Grammar, easy commute to Albany
- Council rates $2,340.55
- Water rates $1,218.60
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.
Nearby 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.