Lakelands at a glance
9,305
People
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
WA › Lakelands › Loretta Parkway
$849,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
548 m²
Land
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
Asking
$849,000
Asking · $1,549/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,694/m² of land (n=153). Districts calculation from recorded sales — not a valuation.
Lakelands at a glance
9,305
People
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
+5.5%
Median sale
Suburb $805,000
-0.22 pp
Gross yield
Suburb 4.27%
Suburb median $805,000 from 102 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$38,764 on top of the price (4.6% extra)
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.
Pre-filled with Lakelands's advertised median rent — not a rent for this listing.
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.
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 548 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.
Gross yield if leased at the suburb aggregate is 4.0%. 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
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 548 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
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate MandurahIf you're looking for a home that offers genuine space, multiple living zones and plenty of room to entertain, 21 Loretta Parkway is sure to impress.
Set on a generous 548sqm block with an impressive 212sqm of internal living space, this expansive family home has been freshly painted throughout and features new carpets to all bedrooms and the theatre, providing a move-in-ready opportunity for families looking for space and functionality.
Spacious & Functional Living
Arriving through the double front doors, you are welcomed into a spacious and thoughtfully designed floor plan offering plenty of room for the whole family.
The large home theatre features double-door entry and provides an ideal second living zone, movie room or children's retreat.
The generous master suite is privately positioned and features a walk-in wardrobe and enclosed ensuite, while the three minor bedrooms are all well proportioned. Two feature open walk-in robes, while the third offers an open wardrobe.
At the heart of the home is the spacious open-plan living area, incorporating the dining and family room and creating a central hub for everyday living and entertaining.
The kitchen offers excellent functionality with ample storage, gas cooking and a walk-in pantry, while ducted reverse cycle air conditioning provides year-round comfort throughout the home.
Entertain All Year Round
The outdoor living is a standout feature, with a low-maintenance rear yard that has been freshly mulched and designed for easy enjoyment.
The alfresco area is complemented by gabled patios on either side of the home, together with an additional patio extending along the length of the house. This creates an impressive amount of covered outdoor space, providing plenty of room for entertaining, relaxing and enjoying the backyard throughout the year.
With its generous proportions, multiple living spaces and extensive outdoor entertaining, this is a home designed to accommodate a growing family while keeping outdoor maintenance to a minimum.
Property Features
• 548sqm block
• 212sqm internal living area
• Double-door entry
• Freshly painted throughout
• New carpets to all bedrooms and theatre
• Ducted reverse cycle air conditioning
• Solar panels
• Large home theatre with double-door entry
• Spacious master bedroom with walk-in wardrobe and enclosed ensuite
• Two minor bedrooms with open walk-in robes
• Third minor bedroom with open wardrobe
• Spacious open-plan dining and family living
• Kitchen with gas cooking and walk-in pantry
• Alfresco entertaining area
• Gabled patios to either side of the home
• Additional patio extending along the length of the house
• Extensive covered outdoor entertaining
• Low-maintenance, freshly mulched rear yard
Location Highlights
• Close to local schools and childcare
• Minutes from Lakelands Shopping Centre
• Close to parks, playgrounds and recreational facilities
• Easy access to major transport routes
• Conveniently located for Mandurah's beaches, amenities and city centre
***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.