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 › Prentice Way
$875,000
Last sold
18 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
585 m²
Land
207 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
$875,000
18 Dec 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
+9.4%
Median sale
Suburb $800,000
-0.37 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 585 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 585 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 Cocolane Real EstateKaren Bryant from Cocolane Real Estate warmly welcomes you to 20 Prentice Way, Lakelands - an impressive and spacious family home crafted for families who love room to breathe, entertain and enjoy a relaxed lifestyle.
From the moment you arrive, the elevated portico entry sets the tone for what's inside: a beautifully presented home with generous proportions, quality finishes and a layout that simply makes sense. Step through to discover multiple living zones, including four bedrooms, two bathrooms, a separate study, and a fully enclosed theatre room with recessed ceilings and classic French doors - the perfect spot for movie nights.
At the heart of the home sits a well-designed Chef's kitchen, complete with an oversized breakfast bar, plumbed fridge recess, stainless steel appliances, overhead cupboards, a walk-in pantry, dishwasher and more. Designed for connection, this kitchen overlooks the open-plan family and dining zones, making everyday living effortless. Large windows invite natural light inside while sliding doors open seamlessly to the alfresco, creating a beautiful indoor-outdoor flow.
Outside is just as impressive. The established gardens are lush and lovingly maintained, the alfresco features café blinds for year-round use, and there's even a powered 6x3 workshop plus garden shed - ideal for hobbies, storage or weekend projects. Whether you're hosting family gatherings, enjoying quiet evenings in the garden or watching the kids play, this outdoor space really completes the picture.
One of this home's true strengths is its thoughtful floor plan. The children's wing sits privately on one side with its own activity zone potential, while the master retreat enjoys peaceful separation on the other, offering a calm escape at the end of the day. The main living area flows naturally to the backyard, making the entire home feel beautifully connected and wonderfully inviting.
This is a home that has been cherished, presented with love, and designed for real family living. Light, space, comfort and practicality - it's all here, wrapped up in a layout you're guaranteed to fall in love with.
Property Features You'll Love...
• Quality home with multiple living zones
• 4 Bedrooms, 2 Bathrooms + Study
• Enclosed Theatre Room with recessed ceilings & French doors
• Deluxe kitchen with dishwasher, plumbed fridge recess & overhead cupboards
• Ducted evaporative cooling + split system
• Jarrahdale wood fire
• Powered 6x3 workshop + garden shed
• Double garage with a new automatic door
• Solar system (6kW)
• Instant gas hot water with solar boost
A Location You'll Love...
This home is exceptionally located - walking distance to Lakelands Shopping Centre, primary and secondary schools, beautiful parks and public transport, with the beach only minutes away. Enjoy quick access to the train station and freeway entry, plus it's just a short drive to Mandurah's popular foreshore and cafe strip.
Why the current owners love living here...
• Less than 2km to Madora Bay Beach
• Walking distance to schools, shops & train station
• Beautiful layout with natural light and an open design
• Theatre room & picturesque gardens
• Friendly neighbourhood with a park at the end of the street
For more information or to arrange a private inspection, contact Karen Bryant from Cocolane Real Estate on 0438 817 887 - where signature service meets standout results.
Karen Bryant
Director | Sales | Licensee
Cocolane Real Estate
0438 817 887
karen.bryant@cocolanere.com.au
DISCLAIMER: Every effort has been made to ensure the accuracy of the information provided. However, neither the Agent, the client, nor their representatives guarantee its correctness. Interested parties are encouraged to conduct their own enquiries and verify all details. The information provided is not intended to form part of any contract.
Listing description written by Karen Bryant, Cocolane Real Estate — reproduced as published, not verified by Districts.