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
$750,000
Last sold
8 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
375 m²
Land
148 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
$750,000
8 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,693/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
-6.2%
Median sale
Suburb $800,000
+0.28 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 375 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 375 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 Harcourts MandurahLuxurious Executive Investment Home at 20 Deepwater Way, Lakelands
Dani Rogliano is thrilled to present this stunning low-maintenance investment property, perfectly situated in the highly sought-after suburb of Lakelands. With current tenants secured until January 16, 2026, paying an impressive $700 per week, this home offers both a stable income and a remarkable lifestyle.
Welcome to a residence where convenience meets luxury! Located just moments from the freeway, this executive home embodies accessibility and upscale living. Ideal for the discerning executive or growing family, every detail has been thoughtfully planned to create a harmonious blend of comfort, security, and modern sophistication.
Feel at ease with an advanced security system featuring surveillance cameras, alarms on all windows and doors, and a convenient key-coded front door - ensuring your peace of mind.
Step inside and be captivated by the elegance of this meticulously designed home. With an open floor plan that maximizes space and light, you'll enjoy seamless living and entertaining.
The heart of this home boasts a modern kitchen equipped with stone bench tops, a large walk-in pantry, and plumbing for your fridge. The breakfast bar invites casual dining and connects effortlessly to the living area, making it the perfect spot for family gatherings.
Unwind in your separate theatre room, complete with an installed sound system and in-ceiling speakers, offering the ultimate cinematic experience from the comfort of your home.
Retreat to the spacious master bedroom adorned with a stunning feature wall, ambient hanging lights, and a modern ensuite designed for relaxation and rejuvenation.
Three additional minor bedrooms come equipped with mirrored robes, providing ample storage while ensuring comfort for family or guests.
Host memorable gatherings on the beautifully crafted patio with timber decking, complete with inbuilt speakers for al fresco entertainment. The lush grassed area is perfect for children or pets to play freely in the sun-drenched outdoors.
Benefit from the installed solar panels, designed to reduce your energy costs while contributing to a more sustainable lifestyle.
Situated in the vibrant community of Lakelands, you're just a short drive from shops, schools, parks, and recreational facilities. The nearby freeway offers easy access to the city and beyond, making this home perfect for those who value both tranquillity and convenience.
This property is more than just a house; it's a lifestyle investment that combines modern luxury with practical living. Whether you're considering it as a long-term investment or your forever home, 20 Deepwater Way is a rare gem that won't last long on the market.
For more information or to schedule a private viewing, contact Dani Rogliano on 0404 664 184 today! Your dream Investment home awaits!
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Dani Rogliano, Harcourts Mandurah — reproduced as published, not verified by Districts.