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 › South Lake Dr
$600,000
Last sold
23 Nov 2022
4
Bedrooms
1
Bathrooms
3
Car spaces
700 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
$600,000
23 Nov 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
-35.6%
Median sale
Suburb $931,000
+2.07 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 700 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 700 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 ResidentialThe best way to describe this immaculately-renovated 4 bedroom 1 bathroom family home is that it is a "hidden gem" - privately positioned behind a remote-controlled driveway access gate for extra security and overall peace of mind. What lies beyond it will pleasantly surprise you.
The ultimate in lock-up-and-leave living comes to the fore here, with a large front master suite the pick of the bedrooms with its mirrored built-in wardrobes, ceiling fan, 1kW reverse cycle air-conditioning and a splendid north-facing aspect to wake up to. The revamped bathroom next door is also spacious in size and plays host to a walk-in shower, a toilet, twin stone vanities and heat lamps for good measure.
A beautifully-tiled open-plan lounge and dining area comprises of a lovely bay window, two gas bayonets for heating and a ceiling fan to circulate the fresh air. Doubling personal living options is a commodious central family room with quality tiled flooring, two feature skylights, a ceiling fan and a 3kW reverse cycle air-conditioning unit.
The adjacent kitchen has a skylight of its own and a breakfast bar for casual meals, as well as sparkling granite bench tops, tiled floors, glass splashbacks, a large square Clark sink, a Miele gas cooktop, a pyrolytic self-cleaning Electrolux oven, an integrated range hood and a new sleek white Evoke dishwasher. A large fully-enclosed laundry has a stainless-steel extra large wash trough, quality tap fittings, built-in storage, an internal clothesline and access to both the side and rear of the property.
A stunning pitched alfresco-entertaining area is huge in size and also plays host to an outdoor bath in the corner, open wood fireplace, a corner pond and water feature that trickles to help set the mood. The low-maintenance backyard oasis is completed by a street-lamp-style garden light, a corner gazebo for sitting and relaxing under and a corner garden shed for storage.
Aside from the lock-up carport, there is side-gate access for up to four vehicles to park securely and in tandem, leading into another single carport-come-lean-to. A boat, caravan or trailer would fit here nicely - and there is even a wash-down bay for convenience. On its own separate switchboard, the massive three-phase-powered workshop shed is every tradesperson's dream and can also be accessed from the alfresco.
Walk to bus stops, South Lake Primary School and picturesque lakes and parklands, with food and shopping at the Lakes Centre, medical facilities and shopping at the local Berrigan Quarter, Lakeland Senior High School, community sporting and fitness facilities, The Berrigan Bar & Bistro, the freeway, additional public transport at Cockburn Central, Cockburn Gateway Shopping City and the new Cockburn ARC Aquatic and Recreation Centre all so easily accessible within a matter of only minutes. Impressive is an understatement!
Other features include, but are not limited to:
- Easy-care timber-look bedroom floors
- 2nd bedroom with a ceiling fan and full-height built-in robes with double sliders
- 3rd bedroom with full-height double-sliding BIR's
- 4th bedroom with a fan and full-height double-sliding BIR's
- Fully-tiled powder room, with a sensor light
- Double storage cupboard, off the entry
- Wine racking
- Internal shopper's entry from the laundry, via the carport (pin-code access)
- 4.74kW solar-power system, with 24 rooftop panels
- Security-alarm system
- Profile doors throughout
- Feature down lights
- Feature character ceiling cornices
- NBN internet connectivity
- Ample power points throughout
- CrimSafe security doors and screens - including to the front entry door (with pin-code access)
- Window treatments throughout the property
- Outdoor lighting
- Instantaneous gas hot-water system
- Full bore reticulation
- Under-cover side tool and storage sheds
- Lovely rear gardens and pathways
- Easy-care artificial front-yard turf
- Secure driveway parking for two vehicles, in between the front gate and a remote-controlled single lock-up carport
- Extra parking space, out on the front verge
- Built in 1985 (approx.)
- 700sqm (approx.) block
ENQUIRIES: For all enquiry responses relating to the property, please also check your junk mail or email spam folder. All enquiries will be answered within 24 hours.
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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