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 › Wattle Rd
For sale
For sale
8
Bedrooms
3
Bathrooms
4
Car spaces
20,234.282 m²
Land
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
Asking
No recorded sale price for this property yet.
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.
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 20,234 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 20,234 m² — that is not official geometry.
Nearby development pipeline
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 MandurahFor families who need more than a standard floorplan, this is the kind of property that changes what is possible.
Set across 5 acres in one of Serpentine's most loved lifestyle settings, 122 Wattle Road brings together a rare dual-living residence, beautifully established gardens, fruit and nut trees, paddock space, a swimming pool, workshop infrastructure and the kind of country atmosphere that buyers continue to chase in this tightly held pocket.
The residence was constructed with a very specific purpose: to allow 2 families to live together under one roof, while still enjoying privacy, independence and separation.
That distinction matters.
This is not a home with a converted room, a detached sleepout or a secondary space added as an afterthought. This is a genuine two-homes-in-one arrangement, designed from the beginning for multi-generational living, extended family, adult children, ageing parents or those needing a level of flexibility that is expensive and difficult to create from scratch.
The main residence:
The main residence offers 5 bedrooms and 2 bathrooms, with a separate formal lounge, open-plan living area and an activity space adjoining the secondary bedrooms and family bathroom.
It is a layout that works particularly well for larger families, with enough separation to give everyone their own space, while still keeping the main living areas connected and practical.
Warm timber details, raked ceilings, exposed beams, slate flooring and a slow-combustion wood fire give the residence a genuine country feel. It is comfortable, character-filled and entirely in keeping with its Serpentine setting.
The kitchen continues that same warmth, with timber benchtops, generous storage and a strong connection through to the surrounding living and outdoor areas. It is the kind of space that feels ready for family life, long lunches, busy mornings and all the everyday moments that make acreage living so appealing.
The second residence:
Adjoining the activity area is the granny flat, creating a second residence under the same roofline.
This side of the property includes 3 great-sized bedrooms, 1 bathroom, its own laundry, separate kitchen and an open-plan living and dining space beneath raked ceilings.
It also has its own private entry and double carport, giving occupants a genuine sense of independence rather than simply occupying another wing of the main home. That is precisely what makes this particular arrangement so valuable.
Families can live together without living on top of one another. Parents, adult children, long-term guests or extended family members can enjoy their own space, their own kitchen, their own laundry and their own entry, while still being part of the same property and lifestyle.
Outdoor living:
The outdoor spaces are exactly what buyers imagine when they think of an established Serpentine lifestyle property.
A wide covered patio connects the residence to the gardens, creating a generous sheltered area for outdoor dining, entertaining and everyday use. The timber framing and country-style detailing give the area real character, while the surrounding greenery makes the entire setting feel private, calm and well established.
The swimming pool sits beautifully within the garden setting, with shade sail posts in place for summer use and plenty of room around it for families to enjoy.
This is a property that has been shaped over time. Mature trees, lawn areas, garden beds, orchard plantings and sheltered outdoor spaces all work together to create a lifestyle setting that feels settled, productive and deeply inviting.
The land:
Across the 5 acres, the property offers a thoughtful mix of established gardens, paddock space, fruit trees, nut trees and usable lifestyle land.
There are citrus, macadamia, almond, stone fruit and olive trees, adding a wonderful productive element to the property. The gardens and lawns are supported by bore reticulation, with rainwater also servicing the property.
The 2 paddocks and existing yards give buyers options for animals, hobby farming or simply enjoying the extra space that makes acreage living so desirable.
Importantly, this is not a blank lifestyle block waiting for someone to start from scratch. The trees are here. The gardens are here. The infrastructure is here. The feeling is already in place.
Infrastructure:
The property also includes a powered workshop, giving buyers valuable space for tools, storage, machinery, vehicles, hobbies or trade use.
There are 2 double carports, positioned at each end of the residence, further reinforcing the practical separation between the main home and the secondary accommodation.
Solar panels are also installed, adding another useful layer to a property already rich in lifestyle and practical appeal.
Location and lifestyle:
Wattle Road remains one of those Serpentine addresses that captures the feel buyers are searching for - space, trees, privacy and a genuine country atmosphere, while still staying connected to the town centre, local school, South Western Highway and the wider south-east corridor.
For families wanting to bring generations together, buyers needing true dual-living capability, or those chasing 5 acres with established gardens, paddocks and productive plantings, this property delivers a combination that is incredibly difficult to replace.
What next!?
This extraordinary acreage property is one-of-a-kind, a purpose-built dual-living property on 5 established Serpentine acres, offering the space, separation and flexibility for families to live together properly.
To arrange your private inspection or request further information, contact the Miles Walton Team via the Email Agent feature on this webpage.
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.
Nearby 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.