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WA › Lakelands › Lismore Ridge

31 Lismore Ridge, Lakelands WA 6180

House

$740,000

Last sold

4 Dec 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

600 m²

Land

215 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 $740,000 (4 Dec 2024).(Recorded sale)
  • CalculationRecorded House sales in Lakelands (last 5 years) with land size: median $1,699/m² of land (n=152). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$740,000

4 Dec 2024 · 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

$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.

See the full Lakelands report →

Vs Lakelands

-8.1%

Median sale

Suburb $805,000

+0.37 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 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$740,0004 Dec 2024
  2. Listedprice unknowncompleted7 Nov 2024

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 600 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 $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.

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 600 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

Lakelands in one glance

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.

See the full Lakelands report →

Keep researching

  • Why Lakelands? Read the area thesis →
  • What else is on the market in Lakelands →
  • Other records on Lismore Ridge →

Listing material

Listed by Century 21 Coast Realty

Spacious Family Home with Multiple Living Areas

Gemma Bevan welcomes you to your family home, offering an abundance of space and comfort. This 4-bedroom, 2-bathroom residence features three distinct living areas, making it the perfect sanctuary for family living and entertaining.

Generous Living Spaces: This home showcases exquisitely designed living areas that effortlessly blend comfort and functionality. At the front, the open theatre room, located opposite the master suite, welcomes you with window framing views of the front yard and fresh new carpet. This area can be closed off from the rest of the house for added privacy with a single door.

At the centre of the home, the main living area perfectly positioned near the kitchen, dining, and games rooms for family gatherings, equipped with a TV point and wall bracket for convenient entertainment setup. A barn door closes this area off from the back bedrooms, adding privacy and flexibility to the layout.

Read the full description

Completing the living experience, the versatile games room offers a TV aerial point and an adaptable layout, making it the ideal space to transform into a media lounge, playroom, or hobby area to suit your family's lifestyle.

Kitchen: The well-appointed kitchen, featuring 4-burner gas hotplates, a built-in electric oven, a microwave recess, and storage below for pots and pans. With a convenient pantry and double-sized fridge recess with water plumbing, this kitchen makes meal prep a breeze. The kitchen's access to the double front garage ensures easy unloading of groceries.

Master Suite: The master bedroom can be your retreat with its generous size! A well-designed high ceiling. There are three windows, with one large central window creating a bay window effect. This master suite is a bright and airy retreat. Including a robe with a door and fresh new carpet. The master ensuite includes a shower, basin, and toilet.

Bedrooms: Bedrooms 2, 3, and 4 are thoughtfully located on the side of the home, equipped with single robes and designed for peace and quiet. They share a second bathroom with a separate toilet, ideal for family convenience.

Outdoor Entertaining: Step outside to a gabled patio featuring four outdoor blinds, offering year-round comfort. The beautifully manicured gardens, complete with reticulation and a garden shed, provide a tranquil setting for outdoor activities and relaxation.

Practical Laundry Room: The laundry features a sliding door for side access, a sink with additional bench space, and room for a dryer. The 4 sliding-door linen cupboard offers plenty of storage for all your household needs.

Key Features:

· Approx. 600 sqm block

· Roller shutters throughout for added privacy and security

· Mitsubishi ducted reverse cycle air-conditioning and heating for year-round comfort

· Security cameras with front and back monitoring for peace of mind

· Outdoor patio blinds for comfortable entertaining in any weather

· Handy outdoor garden shed for extra storage

· Efficient Growwatt solar panels to reduce energy costs

· Spacious double garage with easy access to the kitchen

· Double fridge recess with plumbing, ideal for larger fridge setups

#century21mandurah #century21realestate #realestate #realestatemandurah

DISCLAIMER: This description has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate; however buyers must make their own independent inquiries and must rely on their own personal judgement about the information included in this advertisement. Century 21 Coast Realty provides this information without any express or implied warranty as to its accuracy or currency.

Listing description written by Dane Stanley, Century 21 Coast 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.