Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
WA › Lakelands › Wakefield Glade
$685,000
Last sold
8 Apr 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
475 m²
Land
185 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
$685,000
8 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,699/m² of land (n=152). Districts calculation from recorded sales — not a valuation.
Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
-14.4%
Median sale
Suburb $800,000
+0.72 pp
Gross yield
Suburb 4.30%
Suburb median $800,000 from 103 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 475 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 475 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
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Cocolane Real EstateA perfect blend of modern comfort and functionality!
Karen Bryant from Cocolane Real Estate welcomes you to 3 Wakefield Glade, Lakelands…
This beautiful 3-bedroom, 2-bathroom family home offers everything you need for a relaxed, convenient lifestyle. From the moment you step inside, you'll feel right at home.
To the right of the entry, you'll find a dedicated study space, filled with natural light and perfect for anyone working from home or needing a quiet corner for reading and creativity.
Built in 2020 by Red Ink Homes, this charming home sits on a manageable 475sqm corner block. As you enter, you'll be greeted by a welcoming entry hall that leads to the master suite at the front of the home. This generously sized retreat boasts a large walk-in robe and an ensuite, offering the perfect escape. Plus, there's a designated theatre room just off the master bedroom - a cosy spot to relax and enjoy your favourite films.
Moving into the heart of the home, you'll love the modern kitchen that flows seamlessly into the open-plan living area. With a stone island bench, gas cooktop, feature splashback, double-door pantry, and fridge/freezer recess, this kitchen is perfect for cooking and entertaining.
The second wing of the home features two additional bedrooms, each with built-in sliding robes and easy access to the main bathroom, complete with a relaxing bathtub for unwinding after a busy day.
Step outside to the alfresco area, ideal for hosting family and friends. The low-maintenance lawn is perfect for kids and pets to play, or you could transform it into your own private oasis.
Lakelands is ideally located just minutes from the Kwinana Freeway, making commuting a breeze, and the train station is just a short distance away. There are plenty of parks for leisurely strolls, and shopping, schools, and other amenities are right around the corner. This is the perfect location for those who want the peace and quiet of a relaxed lifestyle but also wish to be close to everything they need. Plus, the stunning Madora Bay beaches are only a few minutes' drive away.
Make this wonderful home yours today!
This property is being sold via PROPPS Digital Offers. Contact exclusive Agent Karen Bryant today to arrange your private viewing or to receive the PROPPS link to download the draft contract or make an offer.
Karen Bryant
Director | Sales | Licensee
Cocolane Real Estate
0438 817 887
Disclaimer: Cocolane Real Estate has relied on information provided by others and has made reasonable efforts to ensure its accuracy. However, the accuracy cannot be guaranteed. Interested parties should make their own inquiries to verify the information independently.
Listing description written by Karen Bryant, Cocolane Real Estate — reproduced as published, not verified by Districts.