Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Serpentine › Richardson St
$1,049,000
Last sold
1 Mar 2022
3
Bedrooms
2
Bathrooms
7
Car spaces
55,037 m²
Land
208 m²
Building
Districts View
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
$1,049,000
1 Mar 2022 · derived via latest_sale
Local land rate: recorded Rural Property sales in Serpentine (last 5 years) with land size have a median of $66/m² of land (n=14). Districts calculation from recorded sales — not a valuation.
Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Serpentine
-24.0%
Median sale
Suburb $1,381,000
+0.75 pp
Gross yield
Suburb 2.37%
Suburb median $1,381,000 from 30 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 55,037 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 $629/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 55,037 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
Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Acton | Belle Property MandurahRURAL, RIVERSIDE RIPPER!!
REMARKABLE RURAL ZONED LOT plus a spacious 2005 built residence and multiple purposeful outbuildings on the Serpentine riverbanks - This 5.5Ha or 13.6 Acre parcel of RICH, RED RIVER LOAM soils provides an outstanding annual hay production yield (the record is 67 x rolls) and a sensational covering of kikuyu throughout the warmer, drier months. Green for good - take it from me, the dirt doesn't get much better in Serpentine…
Set-back from the private frontage with extended gate access (suitable for trucks, machinery or trailers) the abundance of this rural lot, literally grows right before you. Currently sown-out with the annual crop of oaten hay, this is a complete blank canvas acreage property with proven productivity and an excellent orientation. 250m away from the roadside and behind the shedding, the main residence sits beneath the towering Darling Ranges landscape as a backdrop. The serenity is consuming and natural landscapes abound, with plenty of scope for planning new infrastructure!
THE RESIDENCE:
A suitably unique floorplan with spacious secondary bedrooms, this solid 2005 built brick and colourbond home spans some 208m2 of internal floor area. The views to the river, range and surrounding space affords a peaceful position in the country-side with plenty of indoor/outdoor entertaining potential.
• Expansive Main Suite occupying it's own wing, ample robe storage and direct glass sliding door access to the alfresco, en-suite bathroom featuring double shower and corner spa.
• 2 x generous queen-sized secondary bedrooms with built-in-robes
• Kitchen with 900mm stainless steel appliances, two-teir central island bench, ample storage under and overhead
• Main bathroom complete with shower and bath
• Theatre room with recessed ceiling and double sliding doors
• Study with two doorway openings (could easily make a 4th bedroom)
• Expansive open-planned lounge, dining, games with wood-fire and multiple glass sliding doors to the alfresco.
• Woodfire heating
• Ducted evaporative cooling
• Gas instantaneous hot water with 2 x internal fixed temperature controllers
THE OUTBUILDINGS:
• 12m X 9.5m (approx.) Machinery Shed with 2 open-bays and an enclosed, lockable storage room
• 15m X 11m (approx.) Workshop Shed with 2 x sliding doors, bathroom amenities, concrete floor.
• External 3.5m lean-to with concrete floor and tie-up rail.
ADDED BENEFITS:
• Fully operational bore supplying exceptional quality water and suitable for use in irrigation if required
• Concrete water tank 70,000L approx. collecting rainwater from the sheds
• 2 x Septic Systems - one for the house and the other for the workshop
WHAT TO DO NEXT?
The potential for this richly rare piece of earth and the possibilities to set-up your very own rural enterprise in the highly desirable Serpentine location, are YOURS to realise.
Get in contact with Miles, Serpentine's Own property specialist today - hit the Contact Agent button, before this ripper rural package disappears…
PARTICULARS:
Local Govt - Shire of Serpentine-Jarrahdale
Zoning - Rural
Shire Rates - $1,900 p/annum approx.
Services - Power, Bottle Gas, Septic System
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.