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.
WA › Lakelands › Alverstone Blvd
$735,000
Last sold
22 Apr 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
246 m²
Land
105 m²
Building
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
22 Apr 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
$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.
Vs Lakelands
-8.7%
Median sale
Suburb $805,000
+0.41 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 scheme
MANDURAH
Zone
Residential
1
Jurisdiction
Mandurah
Mandurah, 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 246 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 $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.
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 246 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?
KnownmediumNo 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
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.
Listing material
Listed by Cocolane Real EstateEasy living + effortless lock & leave appeal.
Near-new, low-maintenance, and ready to go - this is a home that just feels right. No building delays, no extra stress… just easy living from day one. Whether you're starting out, slowing down, investing, or wanting less upkeep and more freedom to enjoy what really matters.
Set in an elevated corner position on a quiet Lakelands street, just footsteps from two leafy parks, this 2020-built home delivers a lifestyle that feels calm, connected, and considered.
Inside, it's all about light and flow. The open plan living, dining, and kitchen zone feels welcoming from the moment you walk in, with a sleek stone kitchen at the centre - perfectly positioned to stay part of the conversation while everything unfolds around it.
Slide the doors open and the living extends outdoors to a shaded entertaining area, where weekends are slow, BBQs are easy, and there's even your own putting green to enjoy. Low-maintenance, lock-and-leave, and designed for real life.
And when it comes to location… everything is close, but nothing feels rushed. Schools, parks, shops, cafés, the train line, and the coastline are all just minutes away - making everyday living feel effortless.
Easy, thoughtful living in a location that keeps life simple.
Why we love it:
• Low-maintenance living with lock-and-leave appeal
• Elevated, quiet street just footsteps from two beautiful parks
• Light-filled open plan living that connects seamlessly outdoors
• Stone kitchen with gas cooking and dishwasher for everyday ease
• Solar panels for energy efficiency
• Reverse cycle air conditioning for year-round comfort
• Private outdoor entertaining + your own putting green
• Double garage with laneway access
• Potential to add rear access for a boat or trailer
• Schools, parks, shops, cafés, the beach, train station and freeway, all just minutes away
Local tip:
Start your morning with a walk through the nearby parks, then grab a coffee on the way to Lakelands Shopping Centre - and when the weekend rolls around, you're only minutes from the coastline at Madora Bay Beach for a swim or sunset unwind.
Disclaimer: Cocolane Real Estate has relied on information provided by others and has made reasonable efforts to ensure its accuracy. However, the accuracy cannot be guaranteed. Interested parties should make their own inquiries to verify the information independently. This property will be sold via Openn digital offers.
Listing description written by Brody Harris, Cocolane Real Estate — reproduced as published, not verified by Districts.
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