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 › Payanna Grange
$580,000
Last sold
17 Dec 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
280 m²
Land
101 m²
Building
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
$580,000
17 Dec 2024 · 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
-28.0%
Median sale
Suburb $805,000
+1.66 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 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 280 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 $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.
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 280 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
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 Harcourts MandurahBuilt in 2013, this elevated residence effortlessly combines modern style, practicality and convenience, making it the perfect choice for a low-maintenance, lock-up-and-leave lifestyle. Featuring three bedrooms, two well-appointed bathrooms and a spacious open-plan kitchen, dining and living area, the home is thoughtfully designed to maximize comfort and functionality.
Ideally located 300m to the Lakelands Train Station and just minutes from the Lakelands Shopping Centre Precinct, this property offers unparalleled accessibility to local amenities. Whether you're a retiree, first home buyer, downsizer or astute investor, this home delivers exceptional value in a highly sought-after area.
Natural light flows abundantly through the open-plan living area, where durable timber-look flooring and a reverse-cycle air conditioner ensure year-round comfort. The contemporary kitchen is equipped with quality stainless steel appliances, including a gas cooktop, electric oven and a generous pantry, creating a stylish and highly functional space for culinary pursuits.
The king-sized master suite is a luxurious retreat, complete with a ceiling fan, walk-in robe and private ensuite. Two additional bedrooms are fitted with ceiling fans and built-in shelf-and-rail wardrobes, providing ample storage. A well-designed main bathroom, featuring a separate shower and bathtub, caters to both convenience and comfort.
Outdoor living is equally impressive, with a private north-facing rear courtyard offering the perfect setting for relaxation or entertaining. The low-maintenance, elevated and fenced front yard adds further appeal. Secure parking is provided by a double carport, which also offers potential for side access.
Features:
• 280sqm elevated block
• Built 2014
• 3 bedrooms
• 2 bathrooms
• Double carport
• Open plan living
• Galley style kitchen
• 900mm gas cook top
• 600mm electric oven
• Dishwasher recess
• Abundance of natural light
• Split reverse cycle air-conditioning unit
• Ceiling fans in living area and all bedrooms
• Reticulated front gardens
• Gas storage hot water system
• Rear courtyard
• Fenced front yard
• Possible side access
• Lock up and leave
• LBN
This exceptionally situated home offers the convenience of being within walking distance to both train and bus station, ensuring a seamless daily commute. Furthermore, it boasts easy access to nearby freeways. Its prime location also provides close proximity to government and private schools, as well as various shopping centres.
To immerse yourself in the authentic Lakelands living experience, don't miss this opportunity.
Get in touch with Rachael Shaw 0488 136 999 at Harcourts Mandurah to schedule a viewing.
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Rachael Shaw, Harcourts Mandurah — reproduced as published, not verified by Districts.
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