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 › Karnup Rd
3
Bedrooms
1
Bathrooms
14
Car spaces
171,100 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Serpentine (last 5 years) with land size have a median of $178/m² of land (n=84). 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.
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 171,100 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 171,100 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 O'Neil Real EstateLooking for that extra space to run your hobby farm or keep your horses?
Then look no further!
A stately tree signed drive way leads directly to the cottage on the left and the main home on the right.
This is a great opportunity for a large land holding complete with 2 homes, shed and an abundance of water from the ever reliable bore.
THE LAND
The lot comprises of just over 17 Hectares (42 acres) plus the free use of an extra 3 acres of Government owned land that is used for drainage. The soil type varies of the property and is sand on the high points and heavier on the lower points. The property is well drained and is ideal for livestock, including horses.
The property is well fenced on the perimeter as well as internally.
There is a wonderful old Jarrah stand of around 2 hectares that is just gorgeous to walk through to enjoy the additional flora and fauna.
The eastern and southern sides of the property are well pastured and show tinges of green, even in autumn.
THE MAIN HOUSE
A well presented and comfortable 3 bedroom home with verandas plus a study.
The living area is wide and open and features raked ceilings to create that country feel. The addition of a wood fire adds to the ambience, especially in winter.
The home also has a large solar power generating system to keep those energy bills as low as possible.
Water for home use is via a large rain water storage tank.
THE COTTAGE
This really is a delightful residence. Originally a dairy, it has been full transformed into the cutest cottage. It comprises of 1 bedroom and 1 bathroom and plenty of living space. The kitchen is spacious and very functional.
Temperature is controlled with a refrigerated air conditioner as well as a wood fire.
Water to this home is also via a rain water tank. It has its own power and effluent system.
It would make a great proposition for the parents while the younger family takes advantage of the larger home.
An alternative would be to rent it out.
EXTRA IMPROVEMENTS
In addition, there are 2 large sheds with one of the have a lean to.
The bore has been reliable over the years and is deep with the water being clean and clear.
Fencing to the perimeter and internally is to a good standard, including the gates.
The property has previously been running cattle and has stood up well.
WHERE TO FROM HERE?
Contact Peter de Jonge through the website to arrange an inspection.
Listing description written by Peter de Jonge, O'Neil Real Estate — reproduced as published, not verified by Districts.