Pegs Creek at a glance
2,424
People
$649,500
Median sale
$1,000/wk
Median rent
8.01%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
WA › Pegs Creek › Prymn Ct
$700,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
710 m²
Land
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
Asking
$700,000
Asking · $986/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Pegs Creek (last 5 years) with land size have a median of $901/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Pegs Creek at a glance
2,424
People
$649,500
Median sale
$1,000/wk
Median rent
8.01%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Pegs Creek
+7.8%
Median sale
Suburb $649,500
-0.58 pp
Gross yield
Suburb 8.01%
Suburb median $649,500 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$31,190 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Pegs Creek's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 710 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 $1,000/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.
Gross yield if leased at the suburb aggregate is 7.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 710 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
Pegs Creek at a glance
2,424
People
$649,500
Median sale
$1,000/wk
Median rent
8.01%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate KarrathaWhether you're looking for your first home, an investment property, or a place to settle into, this property offers comfort, practicality, and plenty of outdoor space to enjoy.
Inside, you'll find an open plan living and dining area that flows through to a well sized kitchen, creating a functional layout for everyday living. The home is neat, comfortable, and ready to move straight into while still offering room to add your own touches over time.
One of the standout features is the backyard. Surrounded by established gardens, the outdoor space includes a covered alfresco area that's perfect for entertaining family and friends or simply relaxing at the end of the day. The gardens are something special, having taken out the 2024 Best Waterwise Garden Award, showcasing a beautiful blend of greenery and sustainable design.
The property also features a secure storeroom, undercover parking for one vehicle, and generous side access, providing flexibility for additional vehicles, trailers, or future projects.
Don't miss your chance to see everything this property has to offer. Contact us today to arrange your inspection.
*Key Features*
- Three Bedrooms, One Bathroom
- 710 sqm
- Open Plan Living, Dining and Kitchen
- Alfresco Dining
- Spacious Rear Yard
- Side Access
- Air Conditioning throughout
- 2024 Waterwise Garden Award Winner
- One Car Carport
- Storeroom
*Outgoings*
City of Karratha: $2,800 pa
Water Corporation: $1,160 pa
*Rental Appraisal*
$1,200 - $1,300 per week
Disclaimer:
First National Real Estate Karratha takes every effort to ensure the information provided on this property is deemed to be correct, it cannot be guaranteed. Layout, Colour Schemes, Distances & Measurements quoted are approximations and are not guaranteed. Images shown are for advertising purposes only and may not represent the actual property layout, furnishings, or condition. Floorplans and configurations may vary. Reference to a location feature does not guarantee availability of that particular feature. All suggestions are subject to Council & other regulatory approvals. Prospective buyers should make their own enquiries as to the reliance in the accuracy of this information in making their purchasing decision. Further enquiries are welcome on 91442200.
Listing description written by Adam Lenegan, First National Real Estate Karratha — reproduced as published, not verified by Districts.
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