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 › Corringle Grove
$580,000
Last sold
14 Dec 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
700 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
$580,000
14 Dec 2023 · 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
-37.7%
Median sale
Suburb $931,000
+2.27 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 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 700 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 $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.
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 700 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
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 JW ResidentialWhat: A modern three bedroom, one bathroom home on a 700sqm block facing parkland
Who: Seekers of contemporary convenience
Where: Surrounded by greenery, with a choice of schooling, shopping, and recreation all close to home
With multiple living areas, spacious design and a garden built for premium outdoor living this wonderful 3 bedroom, 1 bathroom home offers a variety of contemporary options for the family, all perfectly positioned facing the extensive Blackburn Park ensuring a range of recreation options right on the doorstep. And with both primary and secondary schooling within walking distance, excellent road and public transport links, plus an endless array of shopping and dining, both locally and further afield, this property is sure to be a popular option and an appealing prospect for a range of buyers.
Set in peaceful surrounds, you are tucked back from the street for privacy, with views of sweeping parkland opposite offering a sense of tranquillity. The large front garden and extended driveway lead you to your single covered carport with ample parking options to the side for additional vehicles, or the boat or caravan, with gated drive through access an added benefit. The undercover portico leads you into the residence where the timber effect flooring runs down the hallway and across the entirety of the home, with the addition of a handy closet for storage, and a turn to the left takes you to your family living, light and bright with a viewing window to the open plan area beyond, this spacious room offers a parkland vista, and multiple uses with a lounge or activity area both prime examples.
The right side of the home houses your three well-spaced bedrooms, with the warming timber effect flooring continuing throughout, and your master suite sitting to the front, with both effective split system air conditioning and a ceiling fan for comfort, plus a wall of full height mirrored robes. Bedrooms 2 and 3 offer overhead fans, with the bathroom centrally placed with a bath, shower, and vanity, plus a separate WC.
Your passageway continues to the spacious open plan living area, with firstly your kitchen providing a modern spot for the family to gather, with crisp white cabinetry, plenty of bench space, an in-built oven and gas cooktop, plus stainless-steel rangehood, with a sliding door to the laundry for convenience. Your dining space sits adjacent to the kitchen with the built-in cabinetry extending through the area to provide an abundance of storage, with a huge sunken living space, another split system air conditioning unit and downlighting throughout.
Sliding doors lead to your rear garden, where you immediately enter a covered patio, purpose built for seamless indoor to outdoor living, with a limestone surround creating a semi-enclosed feel. The side of the home is paved, with that gated drive through access from the carport and a handy garden shed for stowage, while a border of greenery encloses a large lawned area, perfect for the children or pets to roam, with the paving continuing around the rear of the property to the other side where you have a secondary undercover alfresco space and a multitude of options for outdoor living.
And the reason why this property is your perfect fit? Because its light and bright design and flexible floorplan make for inviting family living.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Nikki de Rijcke, JW Residential — reproduced as published, not verified by Districts.