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 › Francis St
$650,000
Last sold
21 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
2,245 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
$650,000
21 May 2024 · 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
-21.7%
Median sale
Suburb $830,000
+1.14 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 2,245 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 2,245 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 EstateFor buyers attracted to the great outdoors – whether gardening, relaxing and entertaining at home or venturing further afield for fishing, sailing and bush walking – this lovely property stands out.
It consists of a comfortable, well-presented brick home set in lush gardens on a 2,245sqm block, a short distance from the boat launch and fishing spots at the shore of Oyster Harbour.
There's room here for active families to work off energy and plenty of scope for parents and children to find their own space or get together for meals and recreation.
At its heart is an open family room and dining area with air conditioning and a corner wood fire for year-round comfort. Glass doors open onto an impressive paved, covered patio and courtyard sheltered by pretty cottage gardens.
With a corner pantry, gas cook-top and wall oven, the kitchen is a light workspace looking onto the backyard.
At the front, a sizeable formal lounge provides another living option for quieter moments, or it could be used as a playroom.
A walk-in robe and ensuite shower room feature in the king-sized master bedroom, while the other three bedrooms are queen size, two with built-in robes. The main bathroom is fitted with a bath, shower and vanity, and the toilet is separate, off the laundry.
Natural slate flooring flows through the family room and hallways and the bedrooms and lounge are carpeted.
Outside, it's just as impressive. Tall gums and water-wise native trees at the boundary provide shelter and privacy, and the land has been thoughtfully zoned for activities and relaxation with neat lawns front and back, shady seating nooks, numerous mixed fruit trees, raised vegetable beds, rose gardens and creepers interspersed with flowering perennials, ferns and succulents.
There's a double carport at the front and round the back, a workshop with power, a lockup garden shed for equipment, an open storage shed, a toolshed and a shade house.
The property's location near good schools and shops and only approximately 15 minutes' drive from town enhances its strong attraction for those who appreciate lots of elbow room and fresh air.
What you need to know:
- Brick home on 2,245sqm
- Close to Oyster Harbour, boat launch and fishing spots
- Open family room and dining area with air conditioning and wood fire
- Lounge
- Kitchen with corner pantry, gas cooking
- Covered patio and sheltered courtyard
- King-sized master bedroom with ensuite shower room, walk-in robe
- Three queen bedrooms, two with robes
- Laundry and separate toilet
- Good size double carport
- Workshop with power
- Lockup equipment shed
- Open storage shed
- Toolshed
- Shade house
- Rainwater tank
- Lush gardens, native trees, vegetables, fruit trees, seating nooks
- Near good schools, shops, approx. 15 mins to town
- Council rates: $2,416.02
- Water rates: $275.72
Listing description written by Kyle Sproxton, Merrifield Real Estate — reproduced as published, not verified by Districts.