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WA › Lakelands › Lake Valley Dr

124 Lake Valley Dr, Lakelands WA 6180

House

$650,000

Last sold

7 Dec 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

347 m²

Land

161 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $650,000 (7 Dec 2024).(Recorded sale)
  • CalculationRecorded House sales in Lakelands (last 5 years) with land size: median $1,693/m² of land (n=152). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$650,000

7 Dec 2024 · 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.

See the full Lakelands report →

Vs Lakelands

-19.3%

Median sale

Suburb $805,000

+1.02 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$650,0007 Dec 2024
  2. Listedprice unknowncompleted1 Oct 2024
  3. Listedprice unknowncompleted1 Oct 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 347 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 347 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lakelands in one glance

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.

See the full Lakelands report →

Keep researching

  • Why Lakelands? Read the area thesis →
  • What else is on the market in Lakelands →
  • Other records on Lake Valley Dr →

Listing material

Listed by IdealRealtyWA

A brand new home in the heart of Lakelands WA

124 Lake Valley Drive, Lakelands

Cento Paul proudly introducing this stunning, brand new, fully fenced 4 bedrooms, 2-bathroom home. This remarkably substantial modern home with decent sized theatre room defines quality and excellence in every manner.

The dining and living areas merge seamlessly with an island benchtop kitchen to create a living hub. The kitchen is complete with a quality gas cook top and a built-in pantry. There is an abundance of open plan living spaces to ensure comfort including a family and dining room + a front theatre room to retreat to when required. Reverse cycle centralised aircon throughout the home and stylish interior lightings gives a resort style vibe for this pristine house.

Read the full description

The master bedroom has no shortage of storage boasting a huge walk-in wardrobe. A stylish ensuite is also included with large free-standing bath, his & her vanity & toilet. The three remaining bedrooms are very generously sized, and offer built in robes and easy access to the second bathroom.

Step outside through the open plan living to a fully paved alfresco area and low maintenance garden.

Conveniently located near schools, public transport, parks and shops, it offers the perfect blend of convenience and space, perfect for busy professionals, families, downsizers and investors seeking a low-maintenance property.

Amazing Location: A short distance of 200 metres to the new Lakelands Train Station as well as close by to the incredible Madora Beach and easy access to the freeway.

Property features but not limited to:

• 4 bedrooms and 2 modern bathrooms.

• Master bedroom with walk in robe and ensuite.

• Great size bedrooms with built in robes.

• Separate theatre room.

• Kitchen offers a gas cooktop and stainless-steel appliances.

• Open plan meals and living areas.

• Well-equipped laundry.

• R/C air conditioning.

• Easy care gardens.

• Remote controlled Double garage

Location features:

• 200 meters to the Lakelands train station

• Easy access to the public transport

• Park is just few metres away

• 100 meters to the childcare

• 2 minutes to the Kwinana freeway

• 2 minutes to the Lakelands forum

• 4 minutes to the beach

• Walking distance to the schools

The feature list goes on .... Inspection is a MUST!

Block Size: 347 sqm

Council Rates: $1,890 pa approx.

Water Rates: $1,435 pa approx.

For more information and private inspection please contact Cento Paul on 0421870869.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Listing description written by Lynn Ting, IdealRealtyWA — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.