Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
WA › Lakelands › Deepwater Way
$660,000
Last sold
18 Mar 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
404 m²
Land
137 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
$660,000
18 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,699/m² of land (n=152). Districts calculation from recorded sales — not a valuation.
Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
-17.5%
Median sale
Suburb $800,000
+0.91 pp
Gross yield
Suburb 4.30%
Suburb median $800,000 from 103 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 404 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 404 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
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sauvage PropertiesUNDER OFFER BY SAUVAGE PROPERTIES Welcome to 2 Deepwater Way, Lakelands – a stunning and contemporary three-bedroom, two-bathroom home offering modern design, low-maintenance living, and an unbeatable location. Built in 2020, this beautifully presented home is perfect for first-home buyers, savvy investors, or FIFO workers looking for a stylish and hassle-free property.
Designed for effortless living, this home boasts:
• Spacious Open-Plan Living: The heart of the home is the light-filled living and dining area, seamlessly connected to the kitchen and outdoor entertaining space.
• Chef's Kitchen: A dream for home cooks, featuring stone benchtops, stainless steel appliances, feature lighting, and a spacious island bench that overlooks the living and dining area, making it perfect for entertaining guests or enjoying family meals.
• Stylish Interiors: The home is beautifully finished with raised ceilings and wood-look flooring in the main living areas and plush carpets in the bedrooms for added comfort.
• Front Cinema Room – A separate, cozy media room provides the perfect space to unwind with your favourite movies or shows.
• Comfortable Bedrooms: Each of the three bedrooms is well-sized and fitted with blinds and curtains, offering a cozy retreat at the end of the day.
• Two Modern Bathrooms: The main bathroom features a single vanity and shower, and toilet, while the second bathroom includes a single vanity, shower, bath, and toilet, providing convenience for families or guests.
• Year-Round Comfort: Stay comfortable in every season with three split-system units air conditioning.
• Outdoor Entertaining: Step outside to a spacious undercover alfresco area, ideal for entertaining or relaxing in the fresh air.
• Low-Maintenance Yard: The 402-square-meter block is designed for easy care, with artificial "forever green" grass and fully reticulated garden beds for effortless upkeep.
• Energy-Efficient 3kW Solar Panels: Helping to reduce electricity bills while minimizing your carbon footprint.
• Double Garage: Secure parking for two vehicles, plus additional storage space.
• Security System: Featuring four external CCTV cameras and an internal alarm system for added peace of mind.
Prime Location for Ultimate Convenience
• A 10-minute walk to the new Lakelands Train Station, making commuting easier than ever.
• Quick Freeway Access: Reach Perth CBD in just 45 minutes with no traffic—perfect for city workers or weekend trips.
• Close to Lakelands Shopping Centre, schools, parks, and public transport, ensuring everything you need is within easy reach.
This home truly offers a modern, convenient, and low-maintenance lifestyle in a highly sought-after location. Whether you are looking for your first home, a solid investment, or a secure and stylish place to call your own, this property is must-see.
Do not miss this incredible opportunity – contact Renee Hardman today on 0413 276 869 to arrange a viewing and make this home yours!
#wesellthebesthomes
#teamworkmakesthedreamwork
Disclaimer:
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Renee Hardman, Sauvage Properties — reproduced as published, not verified by Districts.