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 › Sharpe Ave
For sale
For sale
1
Bedrooms
1
Bathrooms
1
Car spaces
107 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
No recorded sale price for this property yet.
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.
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 107 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.
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 107 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 KarrathaSecure a low-maintenance, high-demand investment in the sought after Pelago West complex. This fully furnished one-bedroom apartment offers an ideal opportunity for investors looking to expand their portfolio with a property positioned in a prime town centre location.
With strong appeal to tenants seeking convenience and lifestyle, the apartment is located within walking distance to restaurants, bars, and shopping facilities. Residents also enjoy access to resort-style amenities, including a swimming pool, spa, gym, sauna, games room, and BBQ areas.
The property features a functional open-plan layout, modern kitchen with quality appliances, and a spacious bedroom with built-in robes and ensuite. Split system air conditioning throughout ensures year-round comfort. A spacious courtyard enhances tenant appeal and is especially well-suited for pet owners.
Features:
Fully furnished
Access to premium resort-style facilities
Low-maintenance, lock-and-leave property
Open-plan living and modern finishes
Bedroom with built-in robes and ensuite
Split system air conditioning
Large Courtyard
Secure complex with designated car bay
Private storeroom included
*Lease*
Lease expires March 2027
Corporate Lease - $1,100 per week
*Outgoings*
City of Karratha: $2,600 pa approx.
Water Corporation: $1,260 pa approx.
Strata: $10,380 pa approx.
This is an excellent opportunity to secure a property in a well-established complex with consistent tenant demand.
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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