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 › Penguin Rd
$1,290,000
Last sold
10 Jan 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
642 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
$1,290,000
10 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Shoalwater (last 5 years) with land size have a median of $1,362/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
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
+42.9%
Median sale
Suburb $902,500
-1.00 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 642 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 642 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 JW ResidentialWhat: A sensational multi-level home with breathtaking ocean views and elegant updated living, with up to 4 bedrooms, 2.5 bathrooms and secure parking for multiple vehicles
Who: Ocean lovers seeking a superior level of living
Where: On a coastal 642sqm corner block, just 70m from Shoalwater Foreshore and access to Penguin Island, with the local café and walking trails only seconds away
This magnificent property has been meticulously updated with a level of care and consideration so rarely seen, resulting in a simply outstanding property that boasts multiple family living and dining areas across two levels, with superior sleeping conditions and a poolside retreat, all with ocean views and complete tranquillity to provide the perfect coastal abode that ensures resort like living, every day of the week. Positioned within seconds of the pristine beaches that make this area so sought after, you have picturesque walking trails at the end of the street, access to Penguin Island and the local café plus the daily essentials of schooling, shopping, and transport links that little further, providing you with the enviable combination of both coastal convenience and complete luxury.
Imposing from first view, the crisp white double story exterior showcases that extensive balcony with its unbeatable ocean outlook, while its corner positioning allows for plenty of lush green lawn and a widened driveway to both the double garage with roller door and gated entry to a heightened workshop for securely parking the boat or caravan. The covered portico leads you through the front door to the entry foyer and its original Jarrah flooring, with the winding staircase before you taking your eye upward to enjoy the space and light that fills the home, then taking the passage to the left you enter the first of your two family living areas, with sweeping plantation shuttered windows, cooling ceiling fans, a coastal colourway and the main centrepiece being a newly installed electric fireplace, offering a cosy comfort for all.
The living area transitions to your dining space with in-built seating to the bay window and next you find your fully equipped kitchenette, with cabinetry to both the upper and lower and plenty of bench space this area makes for the perfect spot to entertain as you meander between indoor and out. The laundry sits next, then onto the ground floor bathroom, with a bath, shower enclosure, vanity, and WC plus floor to ceiling tiling, with bedrooms 2 and 3 providing that same warmth and comfort found throughout with Jarrah flooring, built-in robes, and effective overhead fans. Completing the ground floor you have a bonus multi-use room, perfect as a 4th bedroom, studio space or home office, with its own private powder room and direct patio access.
Taking the stairs to level two, you arrive at your stunning open plan living, dining and kitchen, again flooded with windows ensuring full view of the ocean throughout, with yet more plantation shutters, striking timber flooring, ceiling fans, ducted air conditioning and a reverse cycle air conditioning unit for your well-being. The living and dining is spacious by design with the kitchen overseeing all and providing quality fixtures and fittings to offer an outstanding hub or gathering space for your friends and family, with dual wall ovens, extensive in-built cabinetry that utilize every inch available, a central island bench and even a coffee nook ensuring all the little details have well and truly been taken care of.
The master suite sits to the right, offering a generous sanctuary to retreat to at days end, with those same features of shutters to the windows, an overhead fan and warm tonal flooring, with a walk-in robe and luxurious ensuite with shower, vanity, and WC, plus an additional powder room to the side for guests. The vast balcony space expands across the entire front of the home, with a variety of options for seating or entertaining whilst enjoying the ocean breeze and sensational nightly sunsets.
Back downstairs to your outdoor living, your alfresco sits under a gabled roof, with paved flooring and a semi-enclosed design that provides added bench seating with your sparkling below ground pool running along the side, perfect for laps its elongated design is surrounded by paving to offer yet another place to relax, with raised planters and a waterfall feature only adding to the serenity.
And the reason why this property is your perfect fit? Because its premium location and expertly updated interior needs no explanation.
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 Nikki de Rijcke, JW Residential — reproduced as published, not verified by Districts.