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WA › Morley › Shadwell Way

U5, 48 Shadwell Way, Morley WA 6062

For saleUnit

$579,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

133 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $579,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $579,000(Listing record · 28 July 2026)
  • CalculationAsk is 41% below the Morley median recorded sale ($975,000, n=53, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Morley's advertised median rent ($718/wk), implied gross yield would be 6.45% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$579,000

Asking · $4,353/m² of land

No recorded sale for this property.

Morley at a glance

25,310

People

$975,000

Median sale

$718/wk

Median rent

3.83%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Morley report →

Vs Morley

-40.6%

Median sale

Suburb $975,000

+2.62 pp

Gross yield

Suburb 3.83%

Suburb median $975,000 from 53 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$579,000
Stamp Duty (Western Australia)
$21,518
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$604,443

$25,443 on top of the price (4.4% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Morley's advertised median rent — not a rent for this listing.

Net yield
4.95%
Annual cashflow (pre-tax)
$-1,457
Interest cover (DSCR)
0.95
Annual rent
$37,336
Operating expenses
$8,685
Loan amount
$463,200
Annual interest
$30,108
Gross yield
6.45%

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.

Open the full yield calculator →

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. Listed$579,000available28 July 2026

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 133 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 $718/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

Gross yield if leased at the suburb aggregate is 6.4%. 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

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 133 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.

Nearby

Nearby properties

  • 7B Cherry Ct, Morley WA 6062
  • 6 Godstone St, Morley WA 6062
  • 14 Robyn St, Morley WA 6062
  • 59 Ivanhoe St, Morley WA 6062

Area

Morley in one glance

Morley at a glance

25,310

People

$975,000

Median sale

$718/wk

Median rent

3.83%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Morley report →

Keep researching

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

Listing material

Listed by @realty

VILLA LIVING IN A QUIET, WELL-KEPT COMPLEX, OPPOSITE SHADWELL RESERVE

Best-priced 2-bedroom property on the market in Morley and representing VALUE all the way! Tucked away in a small, well-maintained group of just ten villas, this neat and inviting home offers comfortable, low-maintenance living in a quiet, yet highly convenient, pocket of Morley.

Opposite Shadwell Reserve and just minutes from Beechboro Shopping Centre, Noranda Shopping Centre; and Morley Galleria, this is an outstanding opportunity to suit first home buyers, downsizers and investors. When you take into account it's just an easy walk of 450 metres to board the train at the new Noranda Station, that's a lifestyle positive.

LOW STRATA FEES, JUST $450 quarterly!

Read the full description

NO COMMON WALLS!

The overwhelming majority of units in the complex are owner-occupied villas and these ones rarely come to market.

Built in 1986, the home has two generous bedrooms, a spacious lounge, separate dining area adjoining the kitchen, a central bathroom, separate laundry and a private rear courtyard ideal for relaxing. There is also a carport fitted with garage door for privacy and security. Stay comfortable with a near-new split-system airconditioner which is gives you heating in winter and cooling in summer. There is also a Split System Airconditioner in the Master bedroom, and ceiling fans to all bedrooms.

The kitchen and bathroom are original but functional. Renovate to improve if this is your favoured approach. Once you are settled in you can introduce your own personal touches at your own pace as time goes by.

Features include:

Two generous bedrooms, both with built-in robes

Spacious living and dining areas

Private rear courtyard with scope for enhancement

Single undercover carport with garage door

Quiet group of only 10 villas

Opposite Shadwell Reserve

Reverse Cycle Airconditioning

Airconditioned master bedroom

Ceiling fans

Close to shops, schools and the Noranda Train Station

Ideal for owner-occupiers, downsizers or investors

Key info

Rental appraisal around $600 per week.

Annual City of Bayswater rates:$1,740 (2025)

AnnualWater Corp service charges $1,019 (2026)

Quarterly Strata fee $450

If you're searching for the best-priced villa in Morley, then this one, in its peaceful setting and with the opportunity to add value over time, deserves to be your priority inspection.

Your Agent is Gary Angel and he can be reached on 0427 746 700 for discussions about this property. All offers will be submitted to the owners for consideration. Be quick to secure it.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Gary Angel, @realty — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Solar Hot Water
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.