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 › Karnup Rd
$757,000
Last sold
9 Feb 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
4,048 m²
Land
136 m²
Building
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
Last sold
$757,000
9 Feb 2024 · 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
-45.2%
Median sale
Suburb $1,381,000
+1.95 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.
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 4,048 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 4,048 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 Acton | Belle Property MandurahRare do they come - a double delight, come and experience the quintessential country lifestyle on a sprawling 1 acre parcel of land with not just 1, but 2 whimsical cottages. This stunning property is as unique as it is completely charming.
This is the epitome of countryside lifestyle without the travel time constraints, located less than 10 minutes' drive to the Kwinana Freeway & 55km from Perth CBD. Rural ambiance on the fringe of the metro area, this is living!
Backing onto the Golf Course, which adjoins the Serpentine Pony Club reserve, you'll be within walking distance of Serpentine National Park and Falls - there's leisure and pleasure at your beck and call in every direction
The Main Cottage:
Swooning with character, the cottage homestead is surprisingly spacious for her vintage, crafted from jarrah hardwood in an era when local milling was an art form. Flaunting nostalgic lashings of timber features throughout, including polished jarrah floorboards, high raked ceilings with exposed timber trusses & original sash windows.
Offering 2 very generous bedrooms at either end of the home - the master suite boasts a very large dressing robe with cupboard storage, could easily double as a nursery given the extra space on offer.
The marriage of history with modern styling is celebrated in the renovated kitchen which boasts a stainless steel 900mm freestanding 5 hob gas cooktop & oven.
A separate scullery area with benchtops, cupboards, and dishwasher ensures the cleanup is kept behind the scenes while the stage of the kitchen is set for culinary theatre & family entertainment.
Open and inviting, the heart of this home has comfortably hosted as many as 30 loved ones for family Christmas lunch. French doors on both the northern and southern sides of the living room lead out to decked verandahs & paved outdoor living spaces to continue entertaining guests or enjoy the lush reticulated gardens & grounds in the peace of your hammock with the company of a good book and the local birdlife.
As with all classic homes - there's so many options for changing the layout with little effort, and this floorplan has so much potential for you to adjust every space to suit your preferences or requirements.
The Stone Cottage:
The stone studio is fully powered & self-contained with 1 bedroom, living area, bathroom & kitchen. Constructed of local stone & bush poles, if you haven't the need for 2 separate dwellings, this magnificent building would be the perfect art studio or B&B accommodation.
Love a Shed?
For the busier heart or mind - the 11m x 7m powered workshop and double rollers has plenty of space to keep you tinkering on any project large or small.
What To Do Next:
The opportunities presented here are legitimately endless and for a true appreciation, this property commands close inspection!
Contact the Miles Walton team by using the Email Agent feature of this webpage - and we'll be in touch to arrange a suitable time, to show you your new lifestyle.
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.