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WA › Meadow Springs › Summerlea Ave

2 Summerlea Ave, Meadow Springs WA 6210

For saleHouse for Sale

$1,080,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

840 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,080,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,080,000(Listing record · 9 June 2026)
  • CalculationAsk is 27% above the Meadow Springs median recorded sale ($850,000, n=96, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Meadow Springs's advertised median rent ($661/wk), implied gross yield would be 3.18% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,080,000

Asking · $1,286/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.

See the full Meadow Springs report →

Vs Meadow Springs

+27.1%

Median sale

Suburb $850,000

-0.86 pp

Gross yield

Suburb 4.04%

Suburb median $850,000 from 96 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,080,000
Stamp Duty (Western Australia)
$46,736
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,130,661

$50,661 on top of the price (4.7% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Meadow Springs's advertised median rent — not a rent for this listing.

Net yield
1.68%
Annual cashflow (pre-tax)
$-37,988
Interest cover (DSCR)
0.32
Annual rent
$34,372
Operating expenses
$16,200
Loan amount
$864,000
Annual interest
$56,160
Gross yield
3.18%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,080,000available9 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 840 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.2%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 840 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Meadow Springs in one glance

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.

See the full Meadow Springs report →

Keep researching

  • Why Meadow Springs? Read the area thesis →
  • What else is on the market in Meadow Springs →
  • Other records on Summerlea Ave →

Listing material

Listed by Elders Real Estate Mandurah

Resort-Style Living with Character, Space & a Stunning Poolside Setting

Positioned in the highly sought-after suburb of Meadow Springs, this distinctive family residence combines timeless architectural charm with generous living spaces and an impressive outdoor entertaining area. Showcasing unique design features rarely found in modern homes, the property offers multiple living zones, resort-style outdoor amenities, and a functional floorplan designed for comfortable everyday living.

Located just minutes from the golf course, local shopping facilities, quality schools, parks, and everyday conveniences, this home presents an outstanding opportunity to secure a property with character, space, and lifestyle appeal.

Accommodation & Design:

Read the full description

From the moment you arrive, the home makes a striking impression with its bold street presence, featuring classic rounded pillars, decorative glass block feature windows, and established gardens that create a warm welcome.

A grand entrance sets the tone with a raised entry, feature lighting, and detailed architectural elements. Throughout the home, recessed ceilings, half-height feature walls, glass block windows, and double-door transitions create a sense of space and individuality.

Positioned at the front, the sunken lounge room offers a warm retreat, enhanced by a floor-to-ceiling feature window extending into the roofline, filling the space with natural light.

The formal dining room continues the home's design theme with glass block detailing and seamless access to the main living areas.

At the heart of the home, the kitchen features extensive cabinetry, generous bench space, microwave recess, electric cooktop and oven, and a central feature pillar. It overlooks the surrounding living zones and outdoor entertaining areas.

The open-plan living and dining areas wrap around the kitchen, forming a central hub while maintaining defined spaces for the family.

A separate games room overlooks the pool area and includes a built-in bar and pool table, creating an ideal entertaining zone.

The master suite is privately positioned with a walk-in wardrobe, ceiling fan, and glass block detailing. The ensuite is spacious and finished with floor-to-ceiling tiling and a corner spa bath.

Three additional bedrooms include built-in wardrobes and are serviced by the family bathroom with separate bath and shower, marble-look tiling, and modern vanity.

Reverse-cycle ducted air conditioning ensures year-round comfort, complemented by tiled living areas for practicality and durability.

Outdoor Living & Features:

The outdoor area is a standout feature, designed for relaxed Western Australian living.

A below-ground swimming pool is complemented by a Bali-inspired gazebo, creating a private resort-style setting. Established gardens frame the space, with a low-maintenance lawn area suitable for children and pets.

Additional features include a caravan hardstand, double automatic garage with shoppers entry, solar panel system for energy efficiency, and a garden shed.

Property Features:

• Double automatic garage with shoppers entry

• Caravan hardstand

• Solar panel system

• Below-ground swimming pool

• Garden shed

• Reverse-cycle ducted air conditioning

• Sunken lounge room

• Formal dining room

• Decorative glass block windows

• Expansive kitchen with central feature pillar

• Electric cooktop and oven

• Open-plan living and dining

• Separate games room with built-in bar and pool table

• Dedicated study/home office

• Master suite with walk-in wardrobe, ensuite with corner bath and floor-to-ceiling tiling

• Bedrooms 2, 3 and 4 with built-in wardrobes

• Family bathroom with separate bath and shower

Location Highlights (Approx.):

• Minutes to Meadow Springs Golf & Country Club

• Close to Meadow Springs Shopping Centre

• Short drive to Mandurah CBD and Foreshore

***The information provided including photography is for general information purposes only and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on this information and are required to complete their own independent enquiries, inclusive of due diligence. Should you not be able to attend in person, we offer a walk through inspection via online video walk-through or can assist an independent person/s to inspect on your behalf, prior to an offer being made on the property.

*All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.***

Listing description written by Jacob King, Elders Real Estate Mandurah — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Fully Fenced
  • In-Ground Pool
  • Remote Garage
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.