South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
WA › South Lake › Bolderwood Dr
$750,000
Last sold
12 Feb 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
747 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
$750,000
12 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in South Lake (last 5 years) with land size have a median of $1,064/m² of land (n=144). Districts calculation from recorded sales — not a valuation.
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs South Lake
-19.4%
Median sale
Suburb $931,000
+0.91 pp
Gross yield
Suburb 3.74%
Suburb median $931,000 from 37 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 747 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 $670/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 747 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
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Prowest Real EstateSet on a spacious 747sqm Green Title corner block, 35 Bolderwood Drive, South Lake, is a unique opportunity packed with potential. Whether you're a tradie, investor, or part of a growing family, this property offers something for everyone. While the home itself is compact, its possibilities are anything but small.
The home features four bedrooms and one bathroom, making it a cozy option for those who value simplicity. Although the home is smaller than a standard four-bedroom property, it still provides the essentials for comfortable living. For families, it's a perfect starting point with plenty of potential to upgrade and customize over time. The kitchen and bathroom are ready for renovation, allowing you to modernize and create a space tailored to your lifestyle.
One of the standout features of this property is its subdivision potential. Positioned on a corner block, the property is subdividable (subject to WAPC approval), making it an attractive option for investors. You can live in the home now while planning to unlock its value later by subdividing and building. It's an opportunity to fund your dream project or generate future returns.
For tradies, this property is a gem. It comes with a workshop that's perfect for storing tools, working on projects, or managing equipment. The expansive block provides ample space for parking, whether it's multiple vehicles, a boat, or even a caravan. This practical setup makes it ideal for those who need room for their tools or toys.
The property's location adds to its appeal. Situated in the heart of South Lake, it offers convenient access to local schools, parks, shopping centers, and major transport links. It's a lifestyle of connectivity and convenience, perfect for families, professionals, and investors alike.
This property is ideal for:
• Tradies who need a workshop and parking space.
• Families looking for an affordable home with room to grow and renovate.
• Investors seeking a property with subdivision potential to maximize their returns.
Don't miss out on this rare gem with endless opportunities! Contact Pratik today on 0431 417 008 to arrange a viewing and see the potential for yourself.
At a Glance:
• 4 Bedrooms
• 1 Bathroom with separate toilet
• Dedicated laundry
• Massive workshop
The Location:
• 1.5 Km to South Lake Primary School
• 1.5 Km to Lakeland Senior High School
• 500m to Bolderwood reserve
• 2.5 Km to South Lake supermarket
* Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters, particularly for any plans for future development or division. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Pratik Kaku, Professionals Prowest Real Estate — reproduced as published, not verified by Districts.
Also look at
2 Orchard Rd, South Lake WA 6164
3-bed house for sale. Asking $928K.
15A Blackthorne Cres, South Lake WA 6164
3-bed house for sale. Asking $799K.
U35, 1 Pichola Vista, South Lake WA 6164
2-bed villa. Currently listed.
U30, 1 Pichola Vista, South Lake WA 6164
2-bed villa. Currently listed.