Lakelands at a glance
9,305
People
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
WA › Lakelands › Payanna Grange
$671,000
Last sold
2 Oct 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
346 m²
Land
200 m²
Building
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
$671,000
2 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,693/m² of land (n=152). Districts calculation from recorded sales — not a valuation.
Lakelands at a glance
9,305
People
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
-16.6%
Median sale
Suburb $805,000
+0.85 pp
Gross yield
Suburb 4.27%
Suburb median $805,000 from 102 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 346 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 $661/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 346 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
Lakelands at a glance
9,305
People
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Mandurah*** Under Offer! After multiple offers this property is now Under Offer***
Nicole Hindmarsh is proud to welcome 1 Payanna Grange Lakelands to the market. If you're looking for the perfect blend of comfort, convenience, and coastal living - look no further. This beautifully designed 3-bedroom, 2-bathroom home with a double garage offers everything a modern family, first home buyer, or savvy investor could ask for, all set in the highly sought-after suburb of Lakelands.
*** First Home Open Sunday 28th September 3pm - 3.30pm ***
Perfectly positioned in a quiet, well-maintained street, this home is just a short walk to the Lakelands Train Station, making commuting into the city simple and stress-free. You're also only minutes from the pristine local beaches, highly regarded primary and secondary schools, and the popular Lakelands Shopping Centre, home to supermarkets, specialty stores, cafes, and restaurants.
This home has been thoughtfully designed to maximise both space and light, creating a warm and inviting atmosphere the moment you walk through the door. The north-facing living and dining areas allow sunlight to pour in all day long, while the covered alfresco area and backyard offer the perfect place to relax, entertain, or enjoy a quiet morning coffee.
Property Features of this Home You'll Love:
• 3 generous bedrooms, including a spacious master suite with walk-in robe and modern ensuite
• 2 stylish bathrooms featuring contemporary finishes and ample storage
• Dedicated theatre room with elegant double-door entry - ideal for movie nights or a quiet retreat
• North-facing open-plan living areas - perfectly positioned to capture natural light throughout the day
• Modern kitchen with quality appliances, plenty of bench space, and breakfast bar
• Alfresco entertaining area - seamlessly connected to the living space for easy indoor-outdoor flow
• Low-maintenance backyard - ideal for those who love outdoor living without the upkeep
• X5 Split system air conditioning for year-round comfort
• Double lock-up garage with internal access and extra storage options
• 346sqm corner lot, only one neighbour
• Built 2014
• Insulation
• Automatic reticulation
• Gas hot water system
• NBN connected
Embrace the Lakelands Lifestyle - where everything you need is just moments away. From your morning coffee at a local café, a peaceful coastal walk, to an easy train ride into the city, this home places you right in the centre of it all. Spend your weekends at the beach, enjoy the nearby parks, or catch up with friends over brunch - this is relaxed, connected living at its best.
Lakelands continues to grow in popularity, known for its coastal charm, family-friendly vibe, and unbeatable convenience. For more information or to arrange your private inspection, contact Nicole Hindmarsh today on 0415 815 156.
Listing description written by Nicole Hindmarsh, Harcourts Mandurah — reproduced as published, not verified by Districts.
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