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 › Mckay Dr
$1,225,000
Last sold
30 May 2022
4
Bedrooms
2
Bathrooms
5
Car spaces
45,730 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
$1,225,000
30 May 2022 · 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
-11.3%
Median sale
Suburb $1,381,000
+0.30 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 45,730 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 45,730 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 MandurahEXCLUSIVE HILLTOP VANTAGE - There's views from the Darling Range hillside that will move you… and then once in a generation, you'll find a chance to see VIEWS LIKE THESE which absolutely consume and surround you as if you're cradled in the hands of the Gods - with genuine 360 degrees; of panoramic majesty.
SET DATE TO PURCHASE - This Property will be sold by a set date, with all offers presented to the Sellers on June 3, 2022 at 17:00hrs.
This opportunity is ripe for snapping away for another generation so get together your loved ones and seize this monumental chance, don't wait.
There's simply no single position in the Serpentine scarp available, quite like this parcel - known as 'The Top Block' given it's prime elevation and being the largest single lot comprising of over 11 acres of gently sloping landscape within the exclusive and historic 'Eton Hills' lifestyle estate.
This tightly held piece of sanctuary has been cherished since the McKay's first relinquished this special location in 1978 with just 2 proud owners since. When you have the pleasure of having your own feet planted firmly atop this hillside, you'll be instantly captivated and see why…
THE RESIDENCE:
Commanding the perfect position, this generously family-sized home is warm and inviting with a presence that modestly complements the surrounding landscape and breath-taking views from every possible aspect. The Perth City skyline is even framed from the window at the kitchen sink!
The home is configured to a lineal orientation along the scarp's edge, meaning each bedroom boasts a picture-framed outlook from the windows as well as being spacious for growing families. Stunning solid jarrah timber floors and soaring raked timber ceilings in the main living areas, offer a nod to the raw natural landscape surrounds.
Winters spent watching the rain showers sweeping over the flats, sitting by one of the fireplaces indoors - which includes a wood burning stove, or even outdoors by the potbelly under the extensive patio which can be enclosed to the elements via feature French doors and outdoor roller blinds.
• 4 Bedrooms - each with beautiful views, the Master Suite complete with ensuite bathroom, walk-in-robe + glass sliding door access to the verandah.
• 2 Bathrooms - the Main Bathroom has had a gorgeous complete renovation featuring floor to ceiling tiles, free-standing clawfoot bath tub.
• Kitchen - galley style with a framed opening connecting to the family lounge room, boasting incredible views of the valley and Perth city from the sink, free-standing oven/cooker and wood-burning stove.
• Separate office/study could be used as a 5th bedroom
• Patio in the Clouds - stretching the full width of the dwelling, this outdoor living space is truly an extension of the main abode and is equipped for year-round enjoyment with blinds, one end enclosable with feature French doors and a spa, a potbelly fireplace - and did we mention the VIEWS from up here in the sky!?
THE TOP BLOCK:
Where else will you find genuine, sweeping 360 degree panoramic views over the coastal plain below to the Indian Ocean, and north west to the Perth city skyline shimmering bursts of light like beacons bouncing off the glass of skyscrapers reflecting the setting sun. A steep valley rolls behind adding depth to the perspective as seasons change...
Spanning 11.02 acres of hilltop - where surprisingly gentle gradient and relatively flat land offers plenty of winter feed which shoots through to feed the family flock of sheep for most of the year. If it's horses you fancy, there's certainly scope and space for paddocks and a sensational spot to ride-out from the property!
Water sources and safety are paramount in the hills - both of which are suitably attended to here on the Top Block. Scheme water is supplied at the gate but has never been used beyond, due to the rainwater capacity and grey water being used around the gardens. Several tanks supply the residence and a ring-main surrounds the property operated from 2 x petrol pumps for fire suppression.
• 11.02 Acres / 4.4629 Hectares / 44,629 Sqm - Flat hilltop with gentle gradient, some quartz above loamy soils producing great winter feed, with 2 paddocks separated.
• Scheme water + Rainwater Tanks 50,000L x 2 and header tank gravity feeding.
• Access via bottom of McKay Drive with bitumen sealed to concrete driveway up to the crest.
THE EXTERIOR IMPROVEMENTS:
Acreage ain't complete without some fair dinkum shedding and storage capacity, and the Top Block certainly doesn't let us down there either.
• The 12m x 12m Workshop has 3-Phase power, two roller doors and an aircon unit. Another huge bonus is the secure locked room and lean-to's providing heaps of extra parking space for trailers and vans.
• The recent addition of a Donga has proven super accommodating for guests or extended family visits, with it's own self-contained kitchen, bathroom and living area - not to mention the views from the extended verandah!
CONVERSATION POINT:
Who doesn't like to throw around some good ideas!? In 1998 there was an approved planning application for 4 x chalets to be used for weekend stays/accommodation - and what a location to share.
Of course everything is STCA but it's an interesting concept worthy of more consideration.
THE NEXT MOVE is YOURS - there's no question that what's on offer here is a prime piece of the scarp, an incredible privilege to relish in the landscapes, the history and the wildlife of this significantly unique location.
Viewings and further information are available and certainly encouraged - by private appointment only.
Contact Team Miles from ACTON immediately to avoid missing out.
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.