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 › Morilla Rd
$725,000
Last sold
6 June 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
2,131 m²
Land
282 m²
Building
Districts View
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
$725,000
6 June 2023 · 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
-12.7%
Median sale
Suburb $830,000
+0.60 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 2,131 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 2,131 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 EstateSet in attractive, lush gardens on a 2131sqm corner block, this extensive home takes in far-reaching views over Oyster Harbour to Gull Rock and around to Emu Point.
It's one street back from bush reserve bordering the harbour, the natural surroundings ensuring privacy and tranquility with abundant birdlife and scenic beauty bringing delight to daily living.
The home boasts a flexible floor plan with ample scope for families to enjoy social time or find their private space.
It is light and inviting, with extensive glazing for making the most of the view as well as the outlook onto the gardens from every room.
The main living area consists of a carpeted lounge with a corner window, and a sizeable dining space, fitted with air conditioning and a stylish Nectre wood fire for cosy winters.
There's a glazed sunroom and for outdoor living and entertaining, a sheltered deck as well as a delightful central courtyard with ferns, palms, productive grapevines and a water feature.
The kitchen is a sizeable workspace with a pantry, dishwasher, electric cooking and a breakfast bar.
On one side of the house is a double bedroom with a built-in robe, a shower room with a toilet and vanity, a study nook and a big, air-conditioned games room with French doors onto the garden.
The other two bedrooms are at the opposite end, the king-sized master suite with a walk-through robe to a private bathroom and another king-sized bedroom with air conditioning and glass doors onto the courtyard.
As well as a high-roofed double carport at the front of the home, there's a freestanding garage with power. Next to this is a workshop and there's a toolshed besides.
Neatly trimmed lawns meander through the gardens, where native trees and shrubs blend with colourful flowering species and a diversity of stone-fruit, citrus and nut trees. There's a productive vegetable garden and a rainwater tank.
Smart flooring, décor and tiling, solar panels to reduce power bills and excellent presentation are other advantages.
Set among similar big properties, this standout estate is only about a 15-minute drive from Albany, and close to Great Southern Grammar as well as boat launch and fishing spots.
What you need to know:
- Big family home, 2131sqm corner block
- Near shore of Oyster Harbour
- Views over harbour to Gull Rock and Emu Point
- Air-conditioned lounge with wood fire
- Dining area
- Sunroom
- Games room
- Deck
- Central sheltered courtyard
- Kitchen with pantry, dishwasher
- King-sized master suite with bathroom and walk-in robe
- King-sized second bedroom; double third bedroom
- Family bathroom with shower, vanity, toilet
- Laundry and third toilet
- Beautiful gardens, fruit trees, natives, lawns
- Double high-roofed carport
- Garage with power
- Workshop and toolshed
- Near Great Southern Grammar
- About 15 minutes to Albany
- Council rates $2617.48
- Water rates $268.97
Listing description written by Tommie Watts, 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.