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 › Lefroy St
$970,000
For sale
$970,000
Last sold
11 Dec 2021
5
Bedrooms
2
Bathrooms
6
Car spaces
4,735 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
$970,000
11 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Serpentine (last 5 years) with land size have a median of $178/m² of land (n=83). 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
-29.8%
Median sale
Suburb $1,381,000
+1.00 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.
$44,996 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Serpentine's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 4,735 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 4,735 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 LJ Hooker Thornlie / Canning ValeSet on approximately 4,745sqm in the highly sought after Serpentine Downs Estate, this extraordinary five-bedroom, two-bathroom residence delivers luxury living on a grand scale. Surrounded by quality homes on expansive blocks, and incredible views of the Darling Scarp, the property immediately stands apart with its immaculate presentation, manicured gardens and lush lawns, all maintained by bore reticulation. Every inch of this Ross Squire-built home reflects exceptional care, style and attention to detail from its current owners.
Beyond the remote-controlled electric gate, the home makes an unforgettable first impression with outstanding street appeal and an enormous driveway capable of accommodating more than 20 vehicles. For those needing serious storage and workspace, the approximately 16m x 9m workshop is in a league of its own, featuring remote double door access, a separate personnel entry concealed behind a roller shutter, insulated wall and ceiling paneling with chrome trim, a dedicated tool room with double-height roller shutter access, extensive cabinetry and mezzanine storage. Surrounding the workshop are additional driveways and hardstand areas ideal for caravans, boats, trucks or trailers.
A full wraparound verandah welcomes you into the residence, where polished timber flooring and generous proportions create an immediate sense of warmth and sophistication. The expansive lounge room, complete with a fireplace, flows seamlessly from the grand entrance, while a long hallway to the right is the parents retreat lined with triple-door storage cupboards leads to the luxurious master retreat. Designed for comfort and indulgence, the master suite easily accommodates a super king bedroom setting and is complemented by extensive built in storage and elegant chandelier lighting. The adjoining ensuite is equally impressive, showcasing a freestanding clawfoot bath, oversized vanity, glass-framed shower and W/C.
At the heart of the home lies a spectacular open-plan living and dining area anchored by a stunning custom designed kitchen finished with 40mm stone benchtops and an oversized central island bench. This incredible culinary space offers an abundance of cabinetry, twin 600mm ovens, a built-in air fryer, convection microwave, Miele dishwasher integrated seamlessly into the cabinetry, and perfectly positioned with 2 double door fridges and freezers. The adjoining walk through scullery and pantry is nothing short of extraordinary, offering extensive storage, sensor lighting and functionality that rivals a commercial kitchen. Whether entertaining guests or preparing family meals, this space has been designed to impress. At the rear of the pantry, the former double garage has been transformed into the ultimate man cave, complete with hybrid flooring, bar and pool table.
The opposite wing of the home is perfectly suited for children or guests, offering four generously sized bedrooms with floor to ceiling built in robes, two of which include wall-mounted televisions, There is also a large office that could serve as a 6th bedroom, it currently has built in cabinetry which is great for those who want to run a business from home, or start a salon. Servicing this wing is a beautifully appointed family bathroom featuring another freestanding clawfoot bath, twin stone vanities and a spacious glass framed shower, all designed to comfortably accommodate busy family living. A large laundry with sensor lighting, separate WC and direct outdoor access adds further practicality.
French doors from this private wing open onto freshly laid exposed honed aggregate verandah and lead through to the spectacular resort-style pool area. Positioned behind a privacy wall, the below-ground pool is surrounded by ample space for entertaining, dining and relaxing with family and friends. This is the kind of outdoor setting that transforms everyday living into a holiday lifestyle.
The entertaining options continue at the rear of the home with an enormous gabled patio featuring a fully equipped second outdoor kitchen complete with a 900mm oven and deep fryer. Accessible through double French doors from the main living area, this space has been purpose-built for year-round entertaining on any scale.
Homes of this calibre, in a location as tightly held as Serpentine Downs Estate, are exceptionally rare and highly sought after. Positioned within walking distance to the local school, medical centre, convenience store, tavern and bottle shop, this remarkable property combines luxury, lifestyle and practicality in one unforgettable package.
For further information or upcoming opening times, please contact Brian on 0438 333 341.
** Please note the Aerial Photo is for illustration purposes showing approximate boundaries.
Disclaimer: All information contained therein is gathered from relevant third parties sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Listing description written by Brian Scott, LJ Hooker Thornlie / Canning Vale — reproduced as published, not verified by Districts.