Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
$735,000
Last sold
27 Mar 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
323 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
$735,000
27 Mar 2026 · 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
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
-8.1%
Median sale
Suburb $800,000
+0.38 pp
Gross yield
Suburb 4.30%
Suburb median $800,000 from 103 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 323 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 $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.
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 323 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
Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by T&J Real EstateInvestors and first home buyers take note. This modern 2016 built Homebuyers Centre residence presents an outstanding low maintenance investment opportunity in one of Lakelands most convenient pockets.
Positioned on a 323sqm block and surrounded by quality homes, the property offers a well designed open plan layout with 3 bedrooms, 2 bathrooms and a double garage, complemented by features such as stone kitchen benchtops, LED downlights, split system air conditioning and a 3.9kW solar system.
Extensively upgraded since construction, the home also includes automated roller shutters, a fully insulated engineered roof storage room with ladder access, hardwired security camera system, smart front door lock, insulated patio and retractable roof to fence shades.
Located just a short walk to Black Swan Lake Park and only minutes to Lakelands Train Station, shopping, schools and beaches, this property offers strong tenant appeal and a smart long term investment opportunity in a high demand growth corridor.
THE LIFESTYLE YOU WILL LOVE (Approximate distances)
PARKS AND OPEN SPACES
200m Walk: Black Swan Lake Park. Walking trails, Parks and Outdoor Exercise Equipment.
550m Walk: Yaaka Park. Spacious family friendly playground, picnic and open green space.
SHOPPING, CAFES, RESTAURANTS
1.6km Lakelands Shopping Centre - Major retail hub with Coles, Aldi, Kmart and specialty stores.
1.6km Lakelands Tavern - Local dining venue offering meals, drinks and entertainment.
ENTERTAINMENT AND RECREATION
200m Black Swan Lake walking trails and outdoor gym.
2.2km Lakelands Open Space. Large sporting reserve, football, cricket and community facilities.
4km Madora Bay Beach - Beautiful swimming beach with coastal walking paths.
6km San Remo Beach - Popular fishing and dolphin spotting location.
EDUCATION HUBS
1.8km Lakelands Primary School.
2km Coastal Lakes College.
2.2km Mandurah Baptist College.
TRANSPORT OPTIONS
900m Lakelands Train Station - Direct rail access to Perth via Mandurah Line.
2.3km Kwinana Freeway access via Mandjoogoordap Drive.
HEALTHCARE OPTIONS
1.9km Jupiter Health and Medical Services
2km Lakelands Pharmacy and allied health services.
9km Peel Health Campus Hospital in Mandurah.
FAST FACTS
Council: City of Mandurah
Council Rates: $2,135.89 P/A
Water Rates: $1,433.84 P/A
Currently Tenanted until 30/07/2026
Rental Appraisal: $580-$600 P/W
Contact Scott de Boer today to arrange a viewing and experience the community warmth and lifestyle this home has to offer.
Listing description written by Scott de Boer, T&J Real Estate — reproduced as published, not verified by Districts.