South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
WA › South Lake › Elderberry Dr
$735,000
Last sold
30 Sept 2025
5
Bedrooms
1
Bathrooms
1
Car spaces
754 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
30 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in South Lake (last 5 years) with land size have a median of $1,064/m² of land (n=144). Districts calculation from recorded sales — not a valuation.
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs South Lake
-21.1%
Median sale
Suburb $931,000
+1.00 pp
Gross yield
Suburb 3.74%
Suburb median $931,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
COCKBURN
Zone
Residential
1
Jurisdiction
Cockburn
Cockburn, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 754 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $670/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.
2 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 754 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?
KnownmediumOfficial parcel about 756 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Choice RealtyTucked into a well-connected part of South Lake, this solid 5-bedroom home sits on a generous 754m² block and comes with great space, flexible living and ready to go rental income - already leased at $650 per week until May 2026.
Ideal for investors looking to add to their portfolio or savvy buyers with an eye on the future, this one also comes with a rare bonus: the next-door property at 132 Elderberry Street is also on the market. That's nearly 1,500m² of land with loads of potential for the right buyer.
Inside, there's plenty of room to move with multiple living zones, a practical kitchen/dining space and five bedrooms (or four plus a study). Outside offers rear access, a single carport, a spacious patio area and multiple sheds for extra storage.
Why You'll Love It:
• ✅ Leased at $650/week until May 2026
• ✅ Set on a 754m² block with wide side access
• ✅ Buy one or secure both 130 & 132 for a huge combined landholding
• ✅ Flexible layout with 5 bedrooms or 4 + study
• ✅ Open-plan kitchen/dining and separate lounge
• ✅ Large outdoor patio and multiple garden sheds
• ✅ Walk to parks, schools and shops with easy freeway access
Close To:
• Lucken Reserve – 450m
• Lakelands Senior High School – 650m
• Lakelands Hockey and Sporting Facility – 750m
• Berrigan Lake – 1km
• Berrigan Family Medical Centre – 1.7km
• Berrigan Quarter Shopping Centre – 1.2km
• Berrigan Bar & Bistro – 1.3km
• South Lake Primary School – 1.2km
• Bibra Lake Shopping Centre – 1.9km
• Cockburn Central Train Station – 3km
Whether you're investing, land banking or thinking long-term development this is a golden chance to secure space, income and potential all in one!
Council Rates: $2,500 p/a
Water Rates: $1,188.22 p/a
Year Built: 1985
Want to know more? Use this link to view all relevant documents: https://www.rea-webbooks.com.au/Choice-Realty/130-Elderberry-Drive-South-Lake
Loving this property? Use this link to place your offer: https://anz.openn.com/app/l/pPZI
* 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 Blake Mitchell, Choice Realty — reproduced as published, not verified by Districts.