Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Serpentine › Allum Way
$745,000
Last sold
7 June 2023
4
Bedrooms
1
Bathrooms
1
Car spaces
10,683.701 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
Last sold
$745,000
7 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Serpentine (last 5 years) with land size have a median of $179/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Serpentine
-46.1%
Median sale
Suburb $1,381,000
+2.02 pp
Gross yield
Suburb 2.37%
Suburb median $1,381,000 from 30 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 10,684 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 $629/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 10,684 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
Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Acton | Belle Property MandurahWhether it's the expansive 2.65 acres / 1.07 hectares of parkland cleared quality land, the charming 4 bed, 1 bath residence, or the dreamy semi-rural lifestyle on offer, one thing is for sure - there's a lot to love about this Allum Way property. With land so unattainable in the current climate, this is a sensational opportunity to pick-up an established property and put your vision to new life.
If you've been longing for a tree change, this is your chance to switch stress and pace for peace and privacy as you take up residence at the base of rolling hills and the Serpentine National Park. There's just so much for you to enjoy here with native gardens, plenty of paddock space, multiple sheds, a winter freshwater soak and even scheme water connection.
The character home:
At the heart of the property is the charming 4 bed, 1 bath residence delivering flexible living, perfect for families at all stages of life. Honest country living and a super-sized playground at your doorstep - not to mention the impressive shedding.
The open-plan living and dining areas comes complete with a feature wood-fireplace around the generous sized kitchen. Other key features include the separate lounge with glass sliding doors out to the front garden, big main bathroom, separate laundry, abundant natural light and more.
Designed to maximise outdoor living, the entertaining area under a full-length gabled patio is perfect for any occasion. There are raised garden beds perfect for growing home produce and no shortage of space for kids to explore and play.
Access and Shedding:
The property's features don't stop there with dual entry, plenty of side access and a driveway that loops around to the multiple sheds. These include a double slider 6m x 9m concrete floor powered workshop and separate 15m x 9m 3 phase powered shed with ultra-high clearance. You can fit trucks, cars, bikes - so much space for activities.
Offering the ultimate semi-rural lifestyle still within arms-reach of everything you need, this one will not last long! The dreams of space are here to realise.
KEY FEATURES
- 1.07 hectares / 2.65 acres of parkland cleared quality land in Serpentine at the base of the rolling hills and Serpentine National Park
- Character 4 bed, 1 bath residence
- Spacious interior boasts a flexible, feature-packed floorplan
- Open plan living and dining with feature fireplace
- Generous sized kitchen complete with built-in pantry and tiled splashback
- Large separate living room with garden access
- Expansive semi-enclosed alfresco entertaining area under a full-length gabled patio
- Native gardens
- Plenty of paddock space, a freshwater soak and scheme water connection
- Huge powered shed with drive-through lean-to alongside
- Double slider 6m x 9m concrete floor powered workshop
- Massive 15m x 9m 3 phase powered shed with ultra-high clearance
- Scheme water and a bore
LOCATION
- Highly sought-after rural lifestyle suburb
- Very quiet family friendly area
- 5 min drive to Serpentine Falls
- 4 min drive to Serpentine Primary School
- Minutes from Serpentine townsite
- Close to medical centre, post office, parks with tennis courts and skate park
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.