South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
WA › South Lake › Cestrum Rise
$795,000
Last sold
14 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
741 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
Last sold
$795,000
14 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in South Lake (last 5 years) with land size have a median of $1,059/m² of land (n=144). Districts calculation from recorded sales — not a valuation.
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs South Lake
-14.6%
Median sale
Suburb $931,000
+0.64 pp
Gross yield
Suburb 3.74%
Suburb median $931,000 from 37 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 741 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 $670/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 741 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
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by GLC ResidentialALL OFFERS PRESENTED THROUGH OPENN OFFERS PLATFORM
Located in South Lake's 'Parkwaters Estate' and with splendid tree-lined views at the top of an elevated cul-de-sac setting is this impressive 4 bedroom 2 bathroom family home that is as tranquil as they come, offering comfortable low-maintenance living and is nestled around the corner from the sprawling Bolderwood Reserve.
Beyond the double-door entrance lies a spacious front master-bedroom suite with a fitted walk-in wardrobe and a fully-tiled and renovated ensuite bathroom, featuring a rain/hose shower, large stone vanity and make up lights. A sunken front lounge room - also off the entry - welcomes you inside and is overlooked by a formal dining room that can easily be utilised as a study space.
A gorgeous French door shuts off the open-plan kitchen, meals and family area where charming slate flooring meets sparkling granite bench tops, glass splashbacks, double sinks, quality tap fittings, a breakfast bar, a stainless-steel range hood, a 900mm-wide Technika five-burner gas cooktop/oven and a stainless-steel Westinghouse dishwasher. It all overlooks a sunken games room - also with character slate floor tiles - that boasts soaring high ceilings, a gas bayonet for heating and seamless outdoor access to what is essentially a "blank canvas" of a massive pitched patio area at the rear, with a stainless-steel outdoor fan and a trickling water feature that helps set the mood, no matter what alfresco-entertainment setup you have in mind.
A shimmering below-ground backyard swimming pool under the palm trees is partially protected by a shade sail and leaves heaps of room around it for lazing about in the summer sun. Back inside, the separate minor sleeping quarters are serviced by a revamped and fully-tiled main family bathroom with a shower, separate bathtub and a sleek stone vanity.
This is where quiet undoubtedly meets convenience, with this exceptional property situated within very close proximity of Lakeland Senior High School, South Lake Primary School, picturesque lakes, bus stops, the Lakes Shopping Centre, sporting and fitness facilities (including the new Fremantle Dockers base at the magnificent Cockburn ARC Aquatic and Recreation Centre), The Berrigan Bar & Bistro, the freeway, additional public transport at Cockburn Central, Cockburn Gateway Shopping City, the local 24-hour Spudshed supermarket, the site of the future Cockburn Wave Park and every family's favourite place, Adventure World, which is only five minutes away in its own right. What a spot - and what a wonderful place to call home!
Other features include, but are not limited to:
- Over-sized 2nd "queen" bedroom with built-in double robes
- Huge king-sized 3rd bedroom with double-door BIR's
- Large 4th bedroom with a BIR
- Updated laundry with an open broom storage area, over-head and under-bench storage space, subway-tile splashbacks, a separate fully-tiled 2nd toilet and access out to an intimate side patio area
- Huge walk-in linen press
- New timber-look floors throughout
- Ducted reverse-cycle air-conditioning - with four (4) zones
- Security-alarm system
- New double day/night blinds
- Security doors
- Gas hot-water system
- Rainwater tank
- Reticulation
- Large side storage shed
- Lush front-yard lawns
- Easy-care gardens - front and rear
- Remote-controlled double lock-up carport with a high lift garage door - perfect for larger vehicles
- Drive-through access through the carport to under the patio
- Ample driveway parking space
- Side access
- Solid brick-and-tile construction
- Built in 1993 (approx.)
- Large 741sqm (approx.) block
ENQUIRIES: For all enquiry responses relating to the property, please also check your junk mail or email spam folder. All enquiries will be answered within 24 hours.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Lisa Correia, GLC Residential — reproduced as published, not verified by Districts.