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 › Lefroy St
$870,000
Last sold
16 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
4,112 m²
Land
161 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
$870,000
16 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
-37.0%
Median sale
Suburb $1,381,000
+1.39 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 4,112 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 4,112 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 MandurahWelcome to this complete package in Serpentine - this folks, is the real-deal in 1 acre established lifestyle that's packed to the brim with benefits and stand-out features for the enjoyment of your whole family.
Located in the increasingly popular Serpentine, the unofficial rural residential heartland of the Peel region - this pearler property opportunity ticks more boxes on the wish-list than any other offering you'll find available on the market today in this price bracket. There's no doubt this one is going to prick up the ears of the masses - so get amongst it and make sure this one doesn't pass you by.
Occupying a corner block stretching out on over 1 acre of automatic bore reticulated lushness, you'll discover the definition of acreage living on this neat and tidy parcel. It's presented perfectly, there's nothing left to do but personalise. What are you waiting for?
The Residence:
Quality built this home really does have a heartbeat. Boasting 4 bedrooms, 2 bathrooms, a separate lounge and activity space plus an open-planned central living, dining and kitchen, this freshly refurbished abode has all the features that are ideal for the modern family.
Ducted air conditioning and a true-blue potbelly fireplace ensures you'll be comfortable in any season, and the extended patio along the southern and western sides provides ample outdoor living space with the added bonus of shading the home from the sun in all the right places in the heat of summer.
The Great Outdoors:
This is living Bruce - there's no doubt about it. I've mentioned the side patio, which extends from the living area through glass sliding doors, but what comes next is sure to please the entertainers at heart…
A full-length gabled patio offers an extensive outdoor living area for hosting a huge number of guests, spread out with the long table feasts and invite your loved ones to cherish the big-block lifestyle with you.
The timber top bar extends it's L-shape to offer double-sided service, underneath a second gabled patio - the perfect sundeck, with outdoor blinds and views over the landscapes and the pool area.
Relax and unwind in the sparkling below-ground swimming pool, recline as the bubbles massage the work away in the laydown spa jets, and there's even hammock anchors on steel posts for those who enjoy the pool area when there's no-one else around but a good book to read.
The Shedding:
This is where the magic happens on acreage blocks - it's what we love about living with so much space!?
The electric gated dedicated side access leads you down to an excellent lay-down hardstand area and circular driveway, with parking for heaps of vehicles, trailers, caravans - whatever it is you need to park securely. Bring it all with you!
Significantly proportioned the 12m x 9m 3 phase powered workshop features ample power supply outlets, insulated walls and roof, an air con system, a lockable storage room and also boasts sliding door access to the front and the southern side.
For the mechanically minded a covered lean-to forms the clincher, complete with partial side walls and a two-post 3 phase hoist (yes it's included in the sale).
On the roof of the shed you've also got the power cost-slashing advantage of a 24 panel, 3-phase solar system feeding a 6.6kW Fronius inverter.
What Next!?
The value on offer here is unbelievable - when figuring out the costs of replacing what's here starts to scratch a bald-spot on your crown, you'll know it's time to get down and see that making the leap to a better lifestyle in Serpentine is the best move you'll ever make.
Don't delay - get in touch with the Miles Walton team today.
Using the Contact Agent feature of this webpage, let us know that you're ready to make the magic happen, and we'll set up a suitable time to show you your new lifestyle here in Serpentine.
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.