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 › Glenbawn Dr
$515,000
Last sold
10 Oct 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
710 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
$515,000
10 Oct 2022 · 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
-44.7%
Median sale
Suburb $931,000
+3.03 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 710 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 710 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 GLC ResidentialEnjoying that little bit of extra room by being nestled on a spacious corner block with exciting sub-division potential (subject to council approvals), this fantastic 3 bedroom 1 bathroom home is just metres away from the lovely Blackburn Park and sits just around the corner from the sprawling Glen Mia Park and other stunning lakeside parklands. What a magnificent opportunity this is to set yourself up for the future and enter a sought-after pocket of South Lake at the very same time.
A dream backyard setting is the headline act here, with a standalone - and transportable - rear studio or home office the wildcard in the floor plan, due to its stunning versatility. It can be whatever you want it to be. The outdoor patio-entertaining area overlooks everything else, inclusive of a shimmering below-ground swimming pool, an intimate patch of lawn and a massive powered workshop shed with double roller doors - every tradesperson's dream.
Inside, low-maintenance timber-look flooring graces a welcoming front lounge room, leading into a tiled open-plan family, dining and kitchen area, where most of your casual time will be spent. This space seamlessly connects with the poolside alfresco outdoors and also plays host to a breakfast bar for quick bites, double sinks, a water-filter tap, glass splashbacks, a range hood, quality Neff gas-cooktop and oven appliances and a sleek white DeLonghi dishwasher.
A light and bright bathroom is nice and central and caters for everybody's personal needs in the form of a shower and separate bathtub. The front master bedroom is carpeted for comfort like the others, with its point of difference being a full wall of mirrored built-in wardrobes.
A matter of footsteps separate your front door from medical facilities and shopping at the local Berrigan Quarter, whilst both South Lake Primary School and Lakeland Senior High School are nearby and within arm's reach. Also in very close proximity are the Lakes Shopping Centre, sporting and fitness facilities, The Berrigan Bar & Bistro, the freeway, additional public transport at Cockburn Central, Cockburn Gateway Shopping City and the state-of-the-art Cockburn ARC Aquatic and Recreation Centre. Now this is what you call a cracker on the corner!
Other features include, but are not limited to:
- 2nd/3rd bedrooms with views of the pool to wake up to
- Tiled laundry with a linen/broom cupboard, a separate toilet and outdoor access
- Double linen press
- Feature leadlight entry door
- Solar-power panels
- Ducted and zoned reverse-cycle air-conditioning
- Security doors and screens
- Instantaneous gas hot-water system
- Shared bore reticulation with 37 Glenbawn Drive
- Lush front-yard lawns
- Large tandem remote-controlled two-car carport with double rear-access gates leading into the workshop
- Solid brick-and-tile construction
- Built in 1988 (approx.)
- 710sqm (approx.) corner block with the potential for future sub-division
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Lisa Correia, GLC Residential — reproduced as published, not verified by Districts.
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