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WA › Lower King › Lower King Rd

483 Lower King Rd, Lower King WA 6330

House

$627,500

Last sold

2 Nov 2024

3

Bedrooms

2

Bathrooms

3

Car spaces

1,191 m²

Land

138 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $627,500 (2 Nov 2024).(Recorded sale)
  • CalculationLand 1,191 m² against a 138 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Lower King (last 5 years) with land size: median $487/m² of land (n=66). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$627,500

2 Nov 2024 · 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.

See the full Lower King report →

Vs Lower King

-24.4%

Median sale

Suburb $830,000

+1.32 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 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. Sold$627,5002 Nov 2024
  2. Listedprice unknowncompleted25 Oct 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 1,191 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 $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.

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 1,191 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

Lower King in one glance

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.

See the full Lower King report →

Keep researching

  • Why Lower King? Read the area thesis →
  • What else is on the market in Lower King →
  • Other records on Lower King Rd →

Listing material

Listed by Elders Real Estate Albany

TRUE BLUE AUSSIE LIFESTYLE

Impressive in every aspect of its character and presentation, this substantial property consists of a tastefully modernised home and a big shed on 1191sqm of land in a desirable locale.

But it offers much more than that – it's packed with practical features and thoughtful extras promoting an enviable Aussie lifestyle and is brilliantly set up for work, relaxation and play.

The smart 1970s rendered brick home has been recently upgraded with a raft of improvements such as the addition of front and rear decks, upgrades to the kitchen and family bathroom, and numerous cosmetic changes to enhance everyday living.

Read the full description

It boasts a choice of indoor and outdoor living spaces for every occasion.

At the front is the lounge with a wood fire for toasty winters and an outlook towards the hills of Gull Rock.

Next to this is the dining area, then the kitchen, with cabinetry in latte tones, a dishwasher, five-burner chef's stove and pantry. From the adjoining family room, glass doors lead out to a fabulous deck for barbecues and parties in the private back yard.

There's an en suite shower room and walk-in robe in the queen-sized main bedroom, while the two family bedrooms have built-in robes and share the main shower room with a vanity and toilet.

The home is set well back from the road with multiple off-road car parks at the front and driveways leading to a garage adjoining the house and a top-notch shed-workshop at the side.

This new Colorbond building of 7.5m x 8m has two 2.7m clearance doors for the caravan and boat, good lighting, stacks of power outlets, shelving, workbenches and a sink. Additional outdoor features include a 3m x 3m garden shed, a woodshed, a series of six raised veggie beds, a variety of citrus trees and expanses of lawn front and back, bordered by neat garden beds and hedges. There's even a quirky outdoor shower with hot and cold water for freshening up after fishing or swimming.

A bank of 18 solar panels and a solar hot water system keep power bills to a minimum, and a 3000ltr rainwater tank helps reduce scheme water usage.

Only 13 minutes' drive from the centre of town, this exciting, standout property is also within easy reach of good schools, shops, fishing spots in the nearby King River and sailing in Oyster Harbour.

What you need to know:

- Rendered brick and tile family home

- Tastefully modernised and upgraded

- 1191sqm block

- Lounge with wood fire

- Family room

- Dining area

- Kitchen with dishwasher, pantry, chef's stove

- Front and rear decks

- Main bedroom with en suite shower room, walk-in robe

- Two bedrooms with robes

- Family shower room

- New 7.5m x 8m shed with two 2.7m clearance doors, power, lighting, sink, shelving, workbenches

- Garage

- 3m x 3m garden shed; woodshed

- Lawns, veggie beds, citrus trees

- Solar panels, solar hot water, rainwater tank

- 13 minutes to town, near good schools, shops, fishing, sailing

Listing description written by Tommie Watts, Elders Real Estate Albany — reproduced as published, not verified by Districts.

Property features

  • Shed
  • Toilets: 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.