South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
WA › South Lake › Virgilia Tce
$575,500
Last sold
13 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
721 m²
Land
126 m²
Building
Districts View
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
$575,500
13 June 2023 · derived via latest_sale
Local land rate: recorded House sales in South Lake (last 5 years) with land size have a median of $1,064/m² of land (n=144). Districts calculation from recorded sales — not a valuation.
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs South Lake
-38.2%
Median sale
Suburb $931,000
+2.31 pp
Gross yield
Suburb 3.74%
Suburb median $931,000 from 37 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 721 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 $670/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 721 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
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by GLC ResidentialThere really is something for everybody here, from within the walls of this solid 4 bedroom 2 bathroom brick-and-tile home that offers comfortable living and a spacious backyard setting, just one house down from the sprawling Bolderwood Reserve within what is essentially South Lake's highest pocket - the fantastic "Park Waters Estate".
Welcoming you inside is a carpeted front lounge room, with enough space for a study nook if need be. Charming slate floor tiles grace the open-plan dining, kitchen and family area, alongside reverse-cycle air-conditioning, a gas bayonet for heating, stylish light fittings, double sinks, a microwave nook, a storage pantry, a stainless-steel range hood, an Omega five-burner stainless-steel gas cooktop and a Chef oven/grill.
The bedrooms are all carpeted, inclusive of a front master suite with split-system air-conditioning, a ceiling fan, a walk-in wardrobe, a splendid garden outlook to wake up to and folding-door access into an intimate ensuite bathroom - shower, toilet, vanity, heat lamps and all. At the rear and off the family room lies a huge pitched patio, encouraging covered outdoor entertaining and preceding backyard lawns that leave heaps of room for a future swimming pool, if you are that way inclined.
Beyond the remote-controlled double lock-up carport sits a large powered workshop shed that is essentially every tradesperson's dream scenario. Out front, there is ample driveway parking space, as well as a side-access gate that allows you to drive through directly into the workshop, along with creating an abundance of additional secure parking options for extra cars, trailers, vans and more.
With comfort comes convenience and a very close proximity to Lakeland Senior High School, South Lake Primary School, picturesque lakes, bus stops, the Lakes Shopping Centre, community sporting and fitness facilities, The Berrigan Bar & Bistro, the freeway, additional public transport at Cockburn Central, Cockburn Gateway Shopping City and the new Cockburn ARC Aquatic and Recreation Centre. It's a location you will learn to love quite quickly. Make it yours now, before it's too late!
Other features include, but are not limited to:
- 2nd/3rd bedrooms with ceiling fans and built-in double robes
- 4th bedroom with a fan
- Fully-tiled main family bathroom with a separate bath, shower and heat lamps
- Slate floors in the laundry, off the kitchen
- External/side access, from the laundry
- Separate 2nd toilet
- Double linen press, off the entry
- Solar-power panels
- NBN internet connectivity
- Security doors and screens
- Gas hot-water system
- Leafy frontage
- Reticulated front and rear lawns
- Built in 1990 (approx.)
- Large 721sqm (approx.) block
ENQUIRIES: For all enquiry responses relating to the property, please also check your junk mail or email spam folder. All enquiries will be answered within 24 hours.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Lisa Correia, GLC Residential — reproduced as published, not verified by Districts.
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