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 › Lake Valley Dr
$630,000
Last sold
22 Aug 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
324 m²
Land
161 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
$630,000
22 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,693/m² of land (n=152). 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
-21.7%
Median sale
Suburb $805,000
+1.19 pp
Gross yield
Suburb 4.27%
Suburb median $805,000 from 102 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 324 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 324 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 Encore Property GroupWelcome to 231 Lake Valley Drive, a beautifully designed residence that perfectly blends comfort and contemporary living. This charming 3-bedroom, 2-bathroom home, built in 2015, is situated on a generous 324 sqm block and offers a spacious building area of 161 sqm, making it an ideal choice for families, first-time buyers, or investors. Rent potential in today's market is $580 up to perhaps $620 per week.
Three spacious bedrooms, including a master suite with a private ensuite, perfect for relaxation and privacy. Two well-appointed bathrooms, featuring modern fixtures and a luxurious bath for unwinding after a long day. There are roller shutters at the front of the home with fencing and low maintenance artificial lawn.
Enjoy a generous living area, designed for both entertaining and everyday family life. A double remote garage provides secure parking and additional storage options. Stay cool year-round with ducted cooling and air conditioning throughout the home.
The internal laundry adds practicality to your daily routine, while built-in robes in all bedrooms offer ample storage. The modern kitchen is equipped with a dishwasher, making meal prep a breeze.
The property is currently tenanted (long term and keen to stay) in a fixed lease till 8 Sept 2025 at $550 per week.
Don't miss out on making this amazing property your new home or investment. Contact the Encore sales team today at 0427 950 245 for further information or email sales@encoreproperty.com.au to arrange a private viewing.
Property Features Include:
• 2015 Built
• Land 324 sqm
• House 161 sqm
• 3 Bedrooms - all with robes
• 2 Bathrooms
• Lounge/Theatre Room
• Study/Activity Area
• Open plan kitchen, dining, family room
• Gas cooktop & rangehood 900mm, Oven 600m plus dishwasher
• Carpets in bedrooms and lounge
• Vinyl wood look through entry, study and open plan area
• Ducted evaporative air conditioning
• Low maintenance of front and rear areas with artificial turf (No Retic connected)
• Spacious double rear garage with access to the house through alfresco
• Undercover rear alfresco under the main roof
Water rates: $1,500.00 p/a (approx.)
Council rates: $ 2,100.00 p/a (approx.)
Nestled in the sought-after Lakelands community, this property is just a stone's throw away from local parks, schools, shopping centres, and public transport with a bus route and walking distance to the Lakelands Train station., ensuring that everything you need is within easy reach.
Listing description written by Brendon August, Encore Property Group — reproduced as published, not verified by Districts.
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