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WA › Shelley › Nearwater Way

6 Nearwater Way, Shelley WA 6148

House

4

Bedrooms

2

Bathrooms

2

Car spaces

963 m²

Land

211 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 963 m² against a 211 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Shelley (last 5 years) with land size: median $2,469/m² of land (n=48). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Shelley (last 5 years) with land size have a median of $2,469/m² of land (n=48). Districts calculation from recorded sales — not a valuation.

Shelley at a glance

5,272

People

$2,050,000

Median sale

$786/wk

Median rent

1.99%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Shelley report →

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. Soldprice unknown25 June 2025
  2. Listedprice unknowncompleted1 May 2025

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 963 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 $786/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 963 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

Shelley in one glance

Shelley at a glance

5,272

People

$2,050,000

Median sale

$786/wk

Median rent

1.99%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Shelley report →

Keep researching

  • Why Shelley? Read the area thesis →
  • What else is on the market in Shelley →
  • Other records on Nearwater Way →

Listing material

Listed by Nearwater Real Estate

Dream Location - Boundless Potential

Nearwater Real Estate is proud to present this 4-bedroom, 2-bathroom family residence offering refined living spaces throughout. This property is situated on a large block with boundless potential. Nestled within the prestigious Rossmoyne Senior High School and Shelley Primary School catchment zones, this is one of Shelley's finest locations.

Contemporary Living Spaces - The residence embraces modern family living with its kitchen, two separate living areas and dining area finished with tiled flooring throughout. The main bathroom offers both shower and separate bath facilities. The separate laundry area provides direct access to the outdoor drying area.

Outdoor Entertainment - Outdoor living is fully-fenced and elevated with a below-ground swimming pool. The property also includes a versatile shed providing additional storage or workshop space.

Read the full description

Rebuild or Subdivision Potential - With its generous block size and prime riverside location, this property presents an outstanding opportunity for those considering a custom rebuild or significant renovation to create their dream riverside residence. The land size also lends itself to sub-diving into two green titles (STCA). The property is currently tenanted at $900 per week.

Offering an enviable location, this exceptional property presents a rare opportunity to secure a family residence in one of Perth's most sought-after riverside precincts. Whether you choose to enjoy the home in its current form or capitalise on its tremendous rebuild potential, this property represents an outstanding investment in riverside living.

Exceptional Location - This premium residence enjoys an enviable position with exceptional convenience to key amenities:

• 2-minute walk to the tranquil riverfront,

• 3-minute drive to Shelley Primary School,

• 6-minute drive to the esteemed Rossmoyne Senior High School,

• 7-minute drive to Curtin University, and

• 5-minute walk to the picturesque Shelley Rossmoyne Foreshore.

FURTHER INFORMATION:

Council: $2,453.86/yr

Water: $1,428.84/yr

Listing description written by Mark Hayes, Nearwater Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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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.