Shoalwater at a glance
4,849
People
$902,500
Median sale
$578/wk
Median rent
3.33%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Shoalwater › Otway Pl
$700,000
Last sold
4 May 2026
2
Bedrooms
1
Bathrooms
2
Car spaces
303 m²
Land
94 m²
Building
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
4 May 2026 · derived via latest_sale
Shoalwater at a glance
4,849
People
$902,500
Median sale
$578/wk
Median rent
3.33%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Shoalwater
-22.4%
Median sale
Suburb $902,500
+0.96 pp
Gross yield
Suburb 3.33%
Suburb median $902,500 from 36 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 303 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 $578/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 303 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
Shoalwater at a glance
4,849
People
$902,500
Median sale
$578/wk
Median rent
3.33%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthPicture slow mornings with the sea breeze drifting through, coffee in hand, and nowhere to rush off to. Tucked into a quiet Shoalwater pocket, 5 Otway Place has that easy, settled feel the moment you arrive. It is the kind of home that makes everyday life feel simple, whether that means relaxed weekends under the patio, kids playing out the back, or heading down to the coastline for an evening walk before dinner.
Where It All Happens
Set in the heart of Shoalwater, this home puts you close to the things that make daily living feel effortless. Local parks, schools and shops are all within easy reach, and the beautiful Shoalwater coastline is only a short distance away, giving you that laid-back beachside lifestyle so many buyers are chasing. It is a location that suits all stages of life, peaceful and community-minded, while still keeping convenience close by.
The Details That Matter
This cosy house sits on a 303sqm block and offers 94sqm of internal living, with a practical layout that makes the most of the space. Built in 1970, it has a warm, welcoming feel and plenty of flexibility for buyers who want comfort without the upkeep of a larger property.
Inside, there are two spacious bedrooms, one neat and well-appointed bathroom, and an open-plan living and dining area that brings everyone together. The kitchen is well equipped with good storage and bench space, making meal prep easy whether you are cooking for one or hosting family and friends. Evaporative air conditioning helps keep the home comfortable through the warmer months, while gas heating adds warmth on cooler nights.
Outside, the private backyard gives you room to enjoy the outdoors without feeling tied to constant maintenance. There is a patio area for barbecues and quiet afternoons, space for kids to play, and a handy storage shed for the extras. The home also includes one secure garage space, making it a practical option for easy day-to-day living.
Who It's Made For
This one will make a lot of sense for first-home buyers wanting an easy start in a great coastal suburb, downsizers looking for something manageable and comfortable, or investors chasing a well-located property with broad appeal. It also suits couples, small families, or buyers who simply want a home that feels relaxed, practical and ready to enjoy without a long to-do list.
The Bottom Line
5 Otway Place is a home that gets the balance right, comfortable interiors, a private outdoor area, a quiet neighbourhood setting, and the bonus of Shoalwater's coastline just moments away. With two bedrooms, one bathroom, one car space, a 303sqm block, and 94sqm of living, it offers both lifestyle and value in one neat package. This is the sort of place where life can feel a little easier, with beach days, backyard dinners, and a home that simply feels good to come back to.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Sara Walker, The Agency Perth — reproduced as published, not verified by Districts.