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.
WA › Shelley › Tribute St
$775,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
179 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
Asking
$775,000
Asking · $4,330/m² of land
No recorded sale for this property.
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.
Vs Shelley
-62.2%
Median sale
Suburb $2,050,000
+3.28 pp
Gross yield
Suburb 1.99%
Suburb median $2,050,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$34,953 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 Shelley'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 179 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 $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.
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 5.3%. 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 179 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
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.
Listing material
Listed by Professionals Prowest Real EstateAvailable for Vacant possession. Affordable Shelley Living with Projected Returns of over 20%. The last sale in the same complex was $850,000 and prices wont stay this low for long.
Your time is running out to secure a home and settle in time for next years school enrolments. The Budget is done and nothing has changed, you still need to get the kids to school for next year and the Seller is ready to talk. Remember you need two months of utility bills to prove ownership for enrollment.
Here is your rare opportunity to secure a prestigious Shelley address at a price you can still afford. This beautifully presented three-bedroom, one-bathroom villa represents the ultimate versatile property. It is the perfect entry point for first-home buyers, an effortless lock-up-and-leave option for retirees looking to downsize, and a high-yielding powerhouse for savvy investors.
The home welcomes you with a spacious formal lounge and dining room, a recently renovated electric kitchen is a delight. Three generous bedrooms provide ample space, while split-system air conditioning ensures year-round comfort. The sparkling clean bathroom and well-presented laundry offer ultimate functionality, leading out to an easy-care, large rear garden. This outdoor haven boasts a handy storeroom, secure gate access, and carport, and plenty of room for both pets and a thriving veggie patch. Parking is equally convenient with a single undercover bay alongside a second open bay.
Situated just a short walk from shops, parklands, and public transport, the lifestyle on offer here is unmatched. For retirees and first-time buyers, it offers a peaceful, low-maintenance lifestyle in a highly sought-after neighborhood.
For investors, the current periodic (available for vacant possession) rent of $685 per week delivers an immediate 7.5% yield, with a lease review ready for the next term. When combined with a forecast capital growth of 16%, this asset outperforms almost any traditional investment market. Best of all, it comes with reliable, world-class tenants who treat the property as their own, securing your cash flow from day one. Whether you are buying to live or buying to invest, this Shelley villa is an undeniable winner.
• Free standing Villa
• Potential 20% gross return for investors
• Low fees $600 per qtr
• Ideal first home or downsizer
• Periodic lease
• Split system air cons
• Sought-after location in the prestigious suburb of Shelley
• Close to shops, parks, and public transport.
• Affordable entry point into a high-performing strong capital growth property.
• Versatile perfect for first-home buyers, investors, or retirees looking to downsize.
• Three generous bedrooms providing ample space.
• Renovated electric kitchen with plenty of workspace.
• Spacious living zones including a large formal lounge and separate dining.
• Split-system air conditioning for year-round climate comfort.
• Large, easy-care rear garden with a secure storeroom and plenty of room for pets or a veggie patch.
• Dual parking spaces of one undercover bay and a second open bay.
• High-yielding investment offering a 4.2% rental return at $685 per week with world-class, reliable tenants already in place.
• Photos do not show tenants furniture and are for demonstration only.
* Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters, particularly for any plans for future development or division. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Don Asplin, Professionals Prowest Real Estate — reproduced as published, not verified by Districts.
Also look at
U5, 55 Mosaic St, Shelley WA 6148
3-bed house. Currently listed.
29 Beatrice Ave, Shelley WA 6148
3-bed house for sale. Currently listed.
1/49-51 Mosaic Street East, Shelley WA 6148
2-bed villa. Asking $312K.
24 Fifth Ave, Shelley WA 6148
4-bed house for sale. Currently listed.