Mount Melville at a glance
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Median sale
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Median rent
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Suburb gross yield
WA › Mount Melville › Serpentine Rd
$670,000
For sale
Asking
2
Bedrooms
1
Bathrooms
0
Car spaces
718 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
Asking
$670,000
Asking · $933/m² of land
No recorded sale for this property.
Mount Melville at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$29,765 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 718 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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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 718 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Mount Melville at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Elders Real Estate AlbanySitting high up on the northern slopes of Mount Melville, this stunning retro home soaks up the sun and northerly light while taking in breathtaking views, all the while providing comfortable, stylish, and super-cosy, homely living.
High ceilings create space and light, while large, classic jarrah-frame windows frame the stupendous outlook to the Porongurups, Stirlings and beyond, with glimpses of Middleton Bay and Princess Royal Harbour to the east. Enjoy the stunning Great Southern hinterland by day, and the twinkling lights of the city by night – there is always something to look at, and you can even watch the fireworks!
The current owners have modernised this property but retained the best of the original features. There is an overwhelming vibe here of style and comfort, with super-cool original character, and original jarrah floorboards can be brought back to create even more warmth.
It is hard to describe just how this house captures the light and outlook to feel light, airy, and uplifting – it just makes you happy. The generous lounge features a full textured timber wall with central stone fireplace, retro ceiling tiles, and massive view. Kitchen and bathroom are stylish and comfortable, with two generous bedrooms rounding things off. There is also a large room under the house, plus lots of additional dry storage area. The home comes with an entrance off Serpentine Rd, and another from the top of Wellington St, making access easy.
Set against bush reserve and with abundant mature trees in the near view, there is always greenery to rest your eyes on. This property is close to town giving easy access to the action, and is opposite Mount Melville bush reserve for a dog walk or bush trail hike.
In summary:
• Cute 1964 brick and iron cottage on 718sqm zoned R30
• Tastefully modernised to provide super funky, beautiful living while maintaining best of original character
• Positioned on northern side of Mount Melville, full of sun and natural light
• Beautiful outlook past bush, huge views to Porongurups, Stirlings and beyond, with glimpses of Middleton Bay and Princess Royal Harbour. Epic views during the day and at night
• Brilliant vibe with high ceilings and abundant original features
• Fabulous large lounge, feature timber wall with stone fireplace, terrific views. Super funky room to enjoy
• Great kitchen-diner with retro vibe, full of sun, amazing view
• Appealing queen/double size bedrooms
• Spacious, calming bathroom with bath and shower
• Big store room and additional storage space under home
• Adjoins bush reserve, opposite Mount Melville reserve and bush walking trails
• Great position right in the thick of things with easy access to town
288 Serpentine offers extremely easy, stylish, central living. Perfect for first home buyers, singles, couples, and professionals. For your private inspection or more information please contact Blair Scott on 0459 024 026.
Listing description written by Blair Scott, Elders Real Estate Albany — reproduced as published, not verified by Districts.