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WA › Serpentine › Allum Way

28 Allum Way, Serpentine WA 6125

House

$1,235,000

Last sold

23 Jan 2025

3

Bedrooms

1

Bathrooms

4

Car spaces

13,300 m²

Land

143 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 $1,235,000 (23 Jan 2025).(Recorded sale)
  • CalculationLand 13,300 m² against a 143 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Serpentine (last 5 years) with land size: median $179/m² of land (n=83). 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.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$1,235,000

23 Jan 2025 · 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.

See the full Serpentine report →

Vs Serpentine

-10.6%

Median sale

Suburb $1,381,000

+0.28 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Heritage

Not retrieved

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

Records

Property history

  1. Sold$1,235,00023 Jan 2025
  2. Listedprice unknowncompleted10 Jan 2025

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 13,300 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

Official flood overlay has not been retrieved (pending). 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 $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.

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.

1 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 13,300 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Serpentine in one glance

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.

See the full Serpentine report →

Keep researching

  • Why Serpentine? Read the area thesis →
  • What else is on the market in Serpentine →
  • Other records on Allum Way →

Listing material

Listed by Opal Realty

Serpentine equestrian stunner - a little slice of paradise

A true labour of love has created this stunningly beautiful equestrian lifestyle property, set amongst the picturesque trees of the Serpentine escarpment.

Opal Realty are delighted to present to market Number 28 Allum Way, an absolute must see property for those seeking the perfect blend of lifestyle & location, with the added bonus of top-notch equestrian facilities guaranteed to impress.

Peaceful & private, yet in close proximity to the local township amenities, easy transport access links, and the city or coast beyond, it really is possible to have the best of both worlds, with all aspects of life & lifestyle on offer.

Read the full description

Set on just under 3.5 acres of Rural Residential 2 land, with bore reticulated, fully fenced paddocks & stables, professionally installed horse arena & round yard, sheds, fruit trees and a recently renovated, modern family home, it is a package rarely seen to this standard and an opportunity not to be missed.

The equestrian aspect of the land has been well considered & set-up to an exceptional level and will delight the horse focussed buyer. Move in ready for the most important member of the family, and with all the hard work done, you'll enjoy the tranquillity of your bushland oasis, while the on-site facilities will be a dream come true.

Privately positioned to the rear of the block, the comfortable family home offers options galore for everyday living & entertainment, with an enormous, multi-functional & enclosed wrap-around patio delivering versatility for any number of uses. While the substantial, elevated & decked, gabled alfresco which enjoys stunning bushland views across the property, is beyond impressive and sure to be the focal point of family life.

Moving inside, the contemporary kitchen & adjoining scullery are stylish & modern, boasting gorgeous stone tops & subway tiling, bespoke cabinetry & recessed sinks and quality stainless steel appliances. Multiple living zones include an open-plan family/diner with feature wood burner & a spacious theatre/living room complete with large screen & projection equipment.

The master & minor bedrooms are of generous proportions with built-in storage and are serviced by a fully renovated, luxurious bathroom featuring a freestanding tub, twin vanities, enormous hob-less shower & statement floor to ceiling tiling.

A wonderfully maintained & presented property with no need to compromise on the living arrangements versus land deliverance dilemma. It really is the complete package.

Property feature summary:

• 1.33 Hectares of land (approx. 3.3 acres), zoned Rural Residential 2

• Fully fenced with dog proof boundary

• Electric remote gated driveway

• Mains town water

• Septics & leach drain

• Fully bore reticulated paddocks & garden

• 3 Phase power

• Powered workshop/shed + separate high-clearance equipment store/carport

• 3 walk-in, walk-out stables & yards, tack & feed storage shed, undercover tie-up area

• 2 large, reticulated paddocks

• Professionally installed Arena (Riversand, Full Drainage System)

• Round Yard (Post, rail & rubber lined)

• Substantial, elevated & decked gabled alfresco with views over property

• Comfortable & stylish renovated 3 bedroom, 1 bathroom, 2WCs home

• Enormous wrap round & enclosed patio with multiple options for use

• Beautiful contemporary kitchen & scullery, stone tops, quality fit-out

• Multiple living spaces including family/dining, living/theatre

• Three generous bedrooms with built-in storage

• Luxurious modern bathroom with tub, shower, twin vanities

• Sizeable laundry with stone tops

• Additional internal works include new flooring, lighting, reverse cycle ducted air-con, repaint.

• Solar HWS

• Extensive fenced gardens, views to ranges & multiple fruit trees

• Private & peaceful retreat-style living

• Well positioned close to local amenities & transport access links.

A rare opportunity to secure your little slice of paradise. A truly special property, which is an absolute credit to the current owners' vision, passion & sheer hard work.

Sold as-is. Inspection will simply delight.

Contact Jackie Newman on 0405 750 768 for further information and inspection details.

Disclaimer: This property description has been prepared for advertising and marketing purposes only. The information provided is believed to be reliable and accurate. Buyers are encouraged to make their own independent due diligence investigations / enquiries and rely on their own personal judgement regarding the information provided. Opal Realty provide this information without any express or implied warranty as to its accuracy or currency.

Listing description written by Jackie Newman, Opal Realty — 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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