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
$840,000
Last sold
27 May 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
13,600 m²
Land
177 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
$840,000
27 May 2022 · 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
-39.2%
Median sale
Suburb $1,381,000
+1.52 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 13,600 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 13,600 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 MandurahHORSE HEAVEN BY THE HILLSIDE
PRISTINE EQUESTRIAN ACREAGE, ABUNDANCE OF WATER + FACILITIES + PADDOCKS and so much more - located at the foot of the Darling Ranges in the ever-popular and unofficial horse capital of Serpentine. You'll be hard pressed to find a property anywhere within 40 mins of Perth City that presents this level of added value!
Imagine the luxury afforded you here - of returning to your very own home after a long day, to enjoy winding down by working the horses under floodlit arena perfection, rugging up in stables under lights or be spoiled for choice when turning them out in a paddock with green feed.
HORSES aren't just for courses, they're really, truly longing for premium, safely fenced and irrigated paddocks sprouting lush green feed year-round, with towering shady marri trees for natural shade. This property is simply horse heaven!
HUMANS can be equally content here, settling in at home within this stylishly improved 4 bedroom 2 bathroom country character homestead, with a light and bright, neutral colour palette throughout and some seriously spacious open-planned living areas.
Full height windows invite sunshine and peaceful garden portraits from every room, while block-out blinds (doubled up with sheers in the Master Suite) maintain privacy. Top it all off with a cosy sunken lounge and open planned kitchen/dining space both complete with slow-combustion wood fires (yes - there's 2!).
Country lifestyle within city limits is in high demand, and with opportunities like this one - its no secret why... here's some finer detail to the multitude on offer here in Serpentine:
EQUESTRIAN AMENITIES:
What a pleasure it is to find a property that doesn't miss a tick in every horse lover's checklist - and there's quality to complement quantity in every application. Whether you're an enthusiast or eventer, with show ponies or rescues - every need is catered for here.
*PADDOCKS x 6 individual with gated laneways are under full irrigation from the exceptional bore via WiFi app-controlled retic, electrified horse-safe fencing pine post + rail with sighter-wire. Meticulously maintained and fertilized -there's green feed year-round and not a weed in sight.
*RIVERSAND ARENA has been impeccably and professionally constructed with drainage, LED floodlights, pine post + rail border with limestone retaining, fully reticulated for dust suppression!
*STABLES x 2 independent WIWO under lights with steel yards
*COVERED 2 x bay tie-up/wash area complete with outdoor double power GPO, water points, rubber matting
*FEED ROOM + TACK ROOM with light and power
HOMESTEAD KEY FEATURES:
Featuring modern improvements and an incredibly tasteful update, this classic and solid brick + tile family home is charmingly modest with a sense of style and comfort wrapped into one. Framing the beauty of the gardens from every vantage, separate living areas are connected internally and flow from the expansive open kitchen/dining room.
*4 Bedrooms are a great size with remote controlled fans, the Master Suite has a walk-in ensuite bathroom that captures garden views with the bonus of sheer blinds.
*Dining adjoining large galley Kitchen with stunning views from the sink to the gardens, arena, paddocks and hills above
*Easy-care wood look vinyl flooring and premium carpet to the sunken lounge
*Climate controlled in every season there's ducted cooling, reverse cycle split and 2 x slow-combustion wood burning fire places
*Economical solar heat-pump hot water system
*Excellent 36sqm gabled patio alfresco area
*Reticulated botanical gardens from Wi-Fi operated bore controller, manicured lawns and mature established trees provide excellent privacy screening from the road
OTHER IMPORTANT INFO:
WATER in abundance from a significantly established groundwater source - having been formerly used for irrigating lucerne at this location prior to subdivision (circa 1970's), the quality is exceptional and volumes that have lasted generations. 3Phase submersible pump feeding 7 stations.
SCHEME water is also a huge bonus of this location.
ACCESS with ease - this corner block enjoys extensive street frontage to Lewis Road and Allum Way with multiple gates around the perimeter.
There's heaps of float parking area beside the arena with plenty of space to swing around with room left over for future developments.
LAND - even with the land component here you'll get more than what you're paying for, with 1.36 hectares / 3.36 acres on title and a further 1.44 acres of Water Corporation land - meaning you've got a total of 4.8 acres for your exclusive use and enjoyment (but not the rates).
SHEDDING includes a 6m x 6m double garage concrete floor, lights and power, powered garden shed and open hay shed.
With early interest peaking you'll do well to get in quick for this hot opportunity, before it's too late.
Contact Team Miles from ACTON - your local acreage lifestyle property specialists, for more information or to register for the next available viewing, by clicking the ENQUIRE NOW or CONTACT AGENT button.
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.