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.
$570,000
Last sold
21 May 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
260 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
$570,000
21 May 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
-29.2%
Median sale
Suburb $805,000
+1.76 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 260 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 260 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 JW ResidentialWhat: A 3 bedroom, 2 bathroom home with secure garaged parking
Who: Families, professionals or investors seeking laid back living in an ultra-convenient setting
Where: On an easy care 260sqm block, surrounding by parkland and walking distance to the train station and shopping centre
Tucked away at the end of a quiet cul-de-sac with natural parkland and the picturesque Black Swan Lake just a few steps away, this wonderful 3 bedroom, 2 bathroom home offers a peaceful setting, whilst still being only moments from a variety of retail and dining options within the nearby and popular shopping centre. Designed for easy care living, you have a large open plan lounge, dining and kitchen to the rear of the home, leading directly to your sheltered alfresco and lawned garden, with all three bedrooms well-sized for the family or guests, and both bathrooms fully equipped. Secure parking sits within the double garage to the front, while the recently opened train station is within walking distance for absolute convenience, and a seamless commute to the city or surrounds, with road and bus connections providing ease of travel throughout. You have a choice of schooling and childcare facilities within the local area, while a range of green space and play equipment offers recreational enjoyment, alongside the beautiful beaches and coastline that are just a short drive away.
A contemporary exterior greets you, with a small lawn to the front of the home, and a paved driveway before your double remote garage for parking, with a sheltered portico and security screening to the entry door. All three bedrooms are positioned toward the front section of the home, with your two minors placed around the central bathroom for ease of access, with both well-spaced for comfort and furnished with carpet to the floor and built-in robes. The bathroom provides a combined bath and shower with glass screening, plus a vanity with storage, WC and neutral tiling. While the master suite is also carpeted with plenty of natural light and a full height sliding door robe for storage space, with the ensuite equipped with a shower, vanity and WC. And the laundry is placed for convenience of use, with cabinetry and counterspace, and direct exterior access for drying.
The rear of the residence is home to your open plan living, dining and kitchen, with an effective reverse cycle air conditioning unit for year round well-being, plus downlighting and sliding doors to the alfresco. The kitchen overlooks the space and is fully equipped with extensive cabinetry to both the upper and lower, plus in-built stainless-steel appliances including an electric oven and gas cooktop, with a fridge recess, full height pantry and an open design for a contemporary feel.
Moving outside and your alfresco sits under the main roof for an uninterrupted flow between the indoor and out, with downlighting overhead and paving to the floor that extends out and around the home, including entry to the garage. While the backyard is lawned, with a garden bed to the border and an open fence line that overlooks the natural bushland beyond, ensuring a tranquil setting, and a safe space for the children or pets to play.
And the reason why this property is your perfect fit? Because this well-placed home offers a low maintenance opportunity for a variety of buyers.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Denelle Bernhardt, JW Residential — reproduced as published, not verified by Districts.
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