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 › Allum Way
$615,000
Last sold
20 Apr 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
11,400 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
$615,000
20 Apr 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
-55.5%
Median sale
Suburb $1,381,000
+2.95 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 11,400 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 11,400 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 MandurahMiles Walton team from Acton Belle Property have the pleasure of presenting this uniquely credentialed acreage property to the market for sale by auction. Contact us immediately to discuss registration requirements and auction terms.
The brief:
Ever wanted to live the dream life on the land while building your dream home?
Looking to have some acreage as a home-base where you can swiftly lock & leave while you travel to escape the impending winter weather?
With multiple sheds and a whimsical cottage crying out for a visionaries touch, set on a sprawling acreage lifestyle block - here's your one-of-a-kind opportunity.
Located just minutes from the stunning natural beauty of Serpentine National Park in the gateway to the South West region, this incredible accommodation and land combination is guaranteed to appeal to a diverse range of buyers.
The land:
Occupying 1.14 hectares (2.8 acres) this is a blank canvas of parkland-cleared, well-draining land at the base of the rolling Darling Ranges. Formerly cropped with lucerne and grazed with sheep in the 1950's - 1970's before subdivision, this is premium quality land at the foothills. Anything grows, and everything goes.
Delivering the dream semi-rural lifestyle, you won't have to compromise on convenience with Serpentine town centre just a 3 minute drive away and Byford only 15 minutes away.
The log cabin:
At the heart of the property is the whimsical 3 bed, 1 bath log cabin delivering potential accommodation while you build a dream home. There's work to be done here to bring her up to scratch there's no question - but once you've constructed your dream home, you could retain this character log cabin as an ancillary dwelling (subject to council approval) or create the perfect passive income using it as a short-stay rental for travellers looking to explore the various trails, hikes and hidden gems the Darling Ranges region has to offer.
The character cabin itself is compact and well-positioned, requiring just a bit of elbow grease and some vision to return it to its former glory. The interior boasts a flexible floorplan with beautiful wood detail and plenty of natural light flowing through. Spacious open-plan living and dining areas come with a feature wood-fireplace around the generous sized kitchen with plenty of bench and cupboard space.
Other key features include the main bathroom, separate laundry, exposed brick walls, window blinds, abundant natural light and wrap-around verandahs. And we didn't even mention the 3 bedrooms which are generous and feature built-in-robe storage.
The property's features don't stop there, with plenty of existing infrastructure…
The shedding:
The huge 24m x 8m insulated shed boasts side and front access with space for absolutely anything. Flexible and feature-packed, it could easily be used as temporary accommodation or secure storage for cars, caravans, boats or equipment.
The separate 3-phase powered, high-clearance 7.5m x 6.5m workshop is the cherry on top, perfect for mechanics with enough space, power supply and height for a hoist.
What to do next?
This property will be sold, and is set for live on-site auction at 11am on Saturday, April 15, unless sold prior to the right buyer
Pre-approved finance buyers with evidence may register to bid at auction, with conditions at the discretion of the Seller/s.
Settlement terms: 60 Days from fall of the hammer.
This property will be sold on an as-is, where-is basis. Buyer/s assume sole responsibility for conducting their own due diligence and enquiries to their satisfaction prior to bidding.
KEY FEATURES
- 1.14 hectare (2.8 acre) blank canvas of parkland-cleared, well-draining land at the base of the rolling Darling Ranges and Serpentine National Park
- Charming 3 bed, 1 bath existing log cabin delivering options for accommodation while you build
- Potential to retain cabin as an ancillary dwelling or use as a short-stay rental for travellers (STCA)
- Flexible floorplan with beautiful wood detail and plenty of natural light
- Spacious open-plan living and dining areas with feature wood-fireplace
- Generous sized kitchen with plenty of bench and cupboard space.
- 3 big bedrooms
- Big main bathroom
- Native gardens
- Huge 24m x 8m insulated shed with front and side access
- 3-phase powered, high-clearance 7.5m x 6.5m workshop
LOCATION
- Highly sought-after rural lifestyle suburb
- Very quiet family friendly area
- 2 min drive to Serpentine Falls
- 4 min drive to Serpentine Primary School
- 3 min drive from Serpentine town centre with medical centre & facilities, heritage general store, Australia Post
- 15 min drive from Byford for supermarkets and the future Metronet train station
- Close to parks, reserves, walking trails, Serpentine Pony Club grounds, local tennis courts and skate park
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.