Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
WA › Meadow Springs › Pennina Grove
$850,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
450 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
Asking
$850,000
Asking · $1,889/m² of land
No recorded sale for this property.
Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Vs Meadow Springs
0.0%
Median sale
Suburb $850,000
0.00 pp
Gross yield
Suburb 4.04%
Suburb median $850,000 from 96 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$38,816 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Meadow Springs's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 450 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.
Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 450 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
Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Cocolane Real EstateLocal tip: With the Meadow Springs Golf Course, nearby parks and the coastline all within easy reach, weekends here can look a little different every time morning walks, a round of golf or an afternoon by the beach, all without venturing far from home.
Built in 2023 and beautifully finished throughout, this contemporary Meadow Springs home brings together thoughtful design, generous proportions and easy-care living on a 450sqm block.
With four bedrooms, a scullery, impressive outdoor entertaining and sought-after side access, it's a home that feels polished while still being wonderfully practical for everyday family life.
The floorplan has been carefully considered, placing the three minor bedrooms toward the front of the home and creating a private master retreat at the rear. At its centre, the open-plan living and dining zone is filled with natural light, with high ceilings and large-format tiling adding to the sense of space.
Overlooking it all is a beautifully appointed kitchen, where stone benchtops, contrasting cabinetry and a statement island create a natural gathering point. A separate scullery provides additional preparation and storage space, keeping the main kitchen ready for entertaining.
The master suite enjoys its own peaceful position away from the secondary bedrooms, complete with a generous walk-in robe and stylish ensuite featuring an oversized shower, dual vanity and private WC. Three additional bedrooms each offer built-in robes and soft carpet, with the contemporary family bathroom positioned conveniently nearby.
Sliding doors extend the main living area directly outdoors, where an under-roof alfresco with decked flooring creates an inviting setting for entertaining or relaxed evenings at home.
The surrounding gardens have been designed with minimal upkeep in mind, combining synthetic lawn and tropical greenery so there's more time to enjoy the space and less time maintaining it.
Adding even more practicality, 3.1m side access gates provide direct entry to the backyard, while the extra-height and extra-length garage offers additional storage space alongside secure vehicle parking.
Why you'll love it:
• Built in 2023 with a modern, move-in ready finish
• 450sqm block with an easy-care design
• Stylish kitchen with stone benchtops, feature island, contrasting cabinetry and freestanding stainless-steel oven
• Separate scullery providing additional storage and preparation space
• Light-filled open-plan living and dining zone
• High ceilings and down lighting throughout
• Large-format 600mm x 600mm tiling through the main living areas and entry
• Private master suite positioned to the rear with a generous walk-in robe
• Contemporary ensuite with oversized shower, dual stone-topped vanity and private WC
• Three additional bedrooms with built-in robes
• Modern family bathroom with bath, glass-screened shower and stone-topped vanity
• Separate laundry with built-in cabinetry and bench space
• Ducted reverse-cycle air conditioning throughout
• Under-roof alfresco with decked flooring for outdoor entertaining
• Low-maintenance gardens with synthetic lawn and tropical greenery
• Automatic reticulation
• Wide 3.1m side access gates into the backyard
• Extra-height and extra-length remote garage with additional storage space
• Clean, contemporary street appeal
The lifestyle:
Positioned within an established and family-friendly pocket of Meadow Springs, everyday convenience comes easily here. A choice of schools is within walking distance, while shopping, dining and daily essentials are all close at hand.
Meadow Springs Golf Course adds another dimension to the lifestyle, with surrounding parks and open spaces providing plenty of opportunity to get outdoors. Mandurah's beaches, waterways and vibrant foreshore are only a short drive away, while convenient road and public transport connections make commuting straightforward.
The outgoings:
• Council Rates - $2,500 p/a
• Water Rates - $1,582.00 p/a
Reach out to Katie or Jesse at Cocolane Real Estate
Katie 0431 816 597 | Jesse 0431 154 470
This property is being sold via Openn.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor their representatives, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Katie Yates, Cocolane Real Estate — reproduced as published, not verified by Districts.
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