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 › Wellard St
$451,000
Last sold
19 Mar 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
2,028 m²
Land
118 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
$451,000
19 Mar 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
-67.3%
Median sale
Suburb $1,381,000
+4.88 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 scheme
SERPENTINE JARRAHDALE
Zone
Local road
796
Jurisdiction
Serpentine-Jarrahdale
Serpentine-Jarrahdale, 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 1 Sept 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 1 Sept 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 2,028 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 $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.
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 2,028 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?
KnownmediumOfficial parcel about 2,034 m² — land size can look like optionality. No 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
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 O'Neil Real EstateThis is a unique opportunity to score a piece of local history, but not just a piece of history-a big piece of land with a great three-bedroom, one-bathroom home on it as well as approx 80m² of workshop. This is worth getting excited about!
On a half-acre corner block, just up the road from the town centre, the school and the oval, this is a prime position.
WHAT'S GOING ON HERE?
This is a three-bedroom, one-bathroom family home that has two living areas. It has a kitchen for cooking. It has an outhouse for, you know…
It was built in the 1940s, and back in those days, it was apparently a service station. Then, in the 1960s, it was a deli or corner store, and it's been in the same family for well over 50 years. But the years have rolled by, and now it's time to sell.
While the house was built in the 1940s, it was updated in the 1960s. So, the decor could now be described as old-fashioned meets very old-fashioned. But it's old-fashioned in a charming, character-filled kind of way. It has high ceilings, timber flooring under ancient carpets, and led-light windows. There's plenty to do, but if you take care of the things that need doing, it will reward you enormously.
We are on half an acre of land. You won't find that for anything this big, even close to this price these days. The land is awesome-it's flat and accessible, with a frontage of approximately 60 metres. In the backyard, we've got lovely lawns that have been maintained with care and diligence for decades. There's an amazing London plane tree that is truly an exceptional highlight within this incredible backyard. And space. So much space.
The workshop is something like 80m², and there are all kinds of options when you've got this kind of room.
WHAT'S IT REALLY LIKE?
It needs external cladding to be redone; it's currently a painted imitation-brick veneer. As in it's not brick veneer but it is pretending to be. That fake brick is looking worse for wear. You could strip it back and reclad it, texture coat it, and do the cosmetic updates that would really enhance the charm of this once-beautiful home. It does need work, and that's me telling you that, so don't come along, look at it, and say, "It needs work," because we know!
SO, I reckon I know some of what you're thinking so I'll answer a few of them.
WILL THEY BE FIXING ANYTHING?
Nope. We're selling as-is with this one.
IS IT SUBDIVIDABLE?
Nope. It's still on septics here and unless sewer became available there's no subdivision potential on this one.
IS IT STRUCTRALLY SOUND?
Probably maybe. What you see is what you get, we certainly haven't tarted it up to sell it. You're buying a project. A livable project. With an inside bathroom and an outside dunny. It's being sold as is so you'll be fixing things up anyway. It's been here since the 1940s and it's still standing so that's something.
IS THERE ASBESTOS?
We don't have a report but it was all happening here in the forties, fifties and sixties when they were pumping it out of the factories, so I reckon there is.
IS IT ACTUALLY PRETTY AWESOME AND A GREAT OPPORTUNITY TO GET A BRILLIANT BLOCK WITH A HOUSE THAT COULD BE REALLY AMAZING?
I love your attitude and vision. Yes! It's sensational. Come and make some money, my friend!
CAN I SEE IT?
Yes, hit the EMAIL AGENT button and we'll send you some times to view this weekend.
Listing description written by Mark Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.