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WA › Gnangara › Lakelands Dr

23 Lakelands Dr, Gnangara WA 6077

House

$1,500,000

Last sold

29 June 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

11,200 m²

Land

368 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,500,000 (29 June 2022).(Recorded sale)
  • CalculationLand 11,200 m² against a 368 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Gnangara (last 5 years) with land size: median $3,348/m² of land (n=25). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Local road (796) under the WANNEROO.(Landgate SLIP · 1 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$1,500,000

29 June 2022 · derived via latest_sale

Local land rate: recorded House sales in Gnangara (last 5 years) with land size have a median of $3,348/m² of land (n=25). Districts calculation from recorded sales — not a valuation.

Gnangara at a glance

2,649

People

$1,020,000

Median sale

$757/wk

Median rent

3.86%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Gnangara report →

Vs Gnangara

+47.1%

Median sale

Suburb $1,020,000

-1.24 pp

Gross yield

Suburb 3.86%

Suburb median $1,020,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

WANNEROO

Zone

Local road

796

Jurisdiction

Wanneroo

Wanneroo, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1163049

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$1,500,00029 June 2022
  2. Listedprice unknowncompleted10 June 2022
  3. Listedprice unknowncompleted10 June 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 11,200 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.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $757/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

2 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 11,200 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 11,249 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gnangara in one glance

Gnangara at a glance

2,649

People

$1,020,000

Median sale

$757/wk

Median rent

3.86%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Gnangara report →

Keep researching

  • Why Gnangara? Read the area thesis →
  • What else is on the market in Gnangara →
  • Other records on Lakelands Dr →

Listing material

Listed by The Agency Perth

COUNTRY ON AN URBAN SUPER BLOCK!

Set on an expansive 2.8 acre block and offering an escape from the every day hustle and bustle is this gorgeous 4 bedroom, 2 bathroom country style home.

Boasting a flexible floorplan with multiple living areas and huge floor to ceiling windows 23 Lakelands Drive allows you to take in the tranquil surrounds from almost every room in the house.

The oversized kitchen with a servery to the alfresco was built with entertaining in mind, whether you're hosting a games night, birthday lunch or just kicking back to watch the footy everyone is sure to love the lifestyle that comes with this home.

Read the full description

The jewel in this residences crown is the outdoor entertaining area boasting enormous below ground pool, big patio area and a truly unique outdoor cinema complete with projector screen and surround sound.

With 2 sheds at the rear and loads of room for trucks, boats, a caravan, horses and motorbikes the limits to the lifestyle this property can provide are only limited by your imagination!

Fully fenced with an electric security gate and bore reticulation which services the gardens, lawns & fruit trees so you can enjoy the grounds without worry.

Features include:

- 4 spacious bedrooms all with robes

- 2 well appointed bathrooms

- Home office or 5th bedroom with own entry

- Huge open plan kitchen / meals / family area with feature wood heater

- Formal lounge and dining

- Separate games room

- Massive alfresco area for outdoor entertainment

- Pool with outdoor bar and cinema with mega screen

- Grounds are fully fenced with security gate

- Gardens, lawns and fruit trees are reticulated from the newly installed bore.

- Large Powered Gazebo

- 2 sheds to the rear of the home with plenty of access and parking for trucks, machinery, boats or caravans.

- Fantastic gigantic herb garden

- Alarm system and CCTV

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Paul Tonich, The Agency Perth — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.