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
$925,000
Last sold
2 Nov 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
5,601 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
$925,000
2 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Serpentine (last 5 years) with land size have a median of $179/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
-33.0%
Median sale
Suburb $1,381,000
+1.17 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 5,601 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 5,601 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 MandurahDiscover the allure of this hidden oasis, where verdant gardens embrace a masterfully renovated and maintained, classic Queenslander residence unlike any you've seen. Showcasing the quality and craftsmanship of a by-gone generation - this property is absolutely timeless.
Serpentine's best-kept secret, a symphony of sophistication nestled in nature's embrace.
Elevating character to artistry, this retreat is a masterpiece of form and function. A sanctuary where nature and modernity converge, offering you a lifestyle of seclusion and peace to call your very own.
The "Queenslander" residence is truly a double-storey marvel, standing as a testament to the seamless integration with its established surroundings. With 488m² of home under the main roof, including sweeping verandahs with access from every room where you step out amongst the treetops, this residence adapts effortlessly to your needs, whether they be intimate gatherings or epic celebrations.
Sprawling over 5,601 sqm or 1.4 acres, the land parcel is both expansive and superbly private. Set-back from the road behind an electric front gate, it's up to you who you share your paradise with - even lifelong locals have no idea this exists.
Mature trees, rare tropical gems, and native wonders form an immersive backdrop, inviting you to explore hidden pathways, bask by gentle waterfalls, and rediscover life's simple joys, far from the digital clamour.
As the world shifts to remote work and home-based learning, seize the opportunity to secure a retreat-style acreage property that promises a future of enriched experiences for every member of the family.
Upstairs:
• Master Suite with walk-in robe and stunning modern ensuite
• 4 generously sized bedrooms with independent verandah access
• Dedicated dressing room with built-in cabinetry (formerly the 5th bedroom)
• Main bathroom with deep soaking tub and rain shower
• Brand new ducted reverse cycle a/c system
Downstairs:
• Soaring high ceilings, expansive kitchen with 900mm appliances and garden views from every vantage.
• Open-planned family and dining room with Saxon wood fireplace and brand new commercial-scale reverse cycle a/c
• Separate spacious lounge adjoining kitchen
• Extra large laundry with loads of extra storage
• Discreet powder-room for guests
The Great Outdoors:
• Multiple alfresco enclaves
• Horseshoe pergola seamlessly links outdoor living areas, recycled Cardup brick paved leading to pathways through the gardens
• Tranquil water fall with pond and footbridge
• Garden lighting
• Workshop/3-car garage with 3-phase power, ample clearance for large vehicles or trailers.
• Original woodshed comes stocked with firewood, both seasoned and ready for a whole winter without worries.
• Fully bore-reticulated with solenoids station above-ground.
What Next!?
Begin the journey of discovery by hitting the 'Enquire Now' or 'Contact Agent' feature on this website, or call Miles Walton on 0487 887 405 - and we'll be in touch to arrange your personalised tour.
INFORMATION DISCLAIMER:
This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property.
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.