Lakelands at a glance
9,305
People
$810,000
Median sale
$661/wk
Median rent
4.24%
Suburb gross yield
Median sale from 101 recorded sales (last 12 months) — a Districts calculation.
WA › Lakelands › Kerkeri Heights
$553,000
Last sold
10 Feb 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
225 m²
Land
97 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
$553,000
10 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,693/m² of land (n=152). Districts calculation from recorded sales — not a valuation.
Lakelands at a glance
9,305
People
$810,000
Median sale
$661/wk
Median rent
4.24%
Suburb gross yield
Median sale from 101 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
-31.7%
Median sale
Suburb $810,000
+1.98 pp
Gross yield
Suburb 4.24%
Suburb median $810,000 from 101 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 225 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 225 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
$810,000
Median sale
$661/wk
Median rent
4.24%
Suburb gross yield
Median sale from 101 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Opal RealtyWelcome to this beautifully presented 3-bedroom, 2-bathroom home in the heart of Lakelands. Designed for first-home buyers, downsizers, and investors, this low-maintenance property is perfect for those seeking comfort, style, and convenience.
Built in 2015 on a 225sqm block, the home features a light-filled open-plan living area with high ceilings and neutral tones, creating a modern, welcoming vibe. The well-equipped kitchen comes with quality stainless-steel appliances, fridge recess, and ample storage, making it ideal for cooking and entertaining.
Property Highlights:
- Potential rental return of $550 to $570/week
- Block : 225sqm
- Living space: 97sqm
- Year built: 2015
- Rates: Approx. $1,900 annually
- Stylish kitchen with gas cooktop, electric oven, rangehood, double sink, and dishwasher recess
- Open-plan kitchen, dining, and living area leading to an outdoor entertaining space
- Master suite with walk-in robe and modern ensuite with shower and separate toilet
- Two generously sized minor bedrooms with built-in robes
- Paved outdoor entertaining area with a gabled patio
- Ducted evaporative cooling throughout
- Double lock-up garage with convenient rear laneway access
Location Benefits:
Situated in a thriving estate, this property offers unbeatable convenience. A short drive takes you to the Lakelands Shopping Centre with dining options and amenities, as well as quick access to the Lakelands Train Station, Kwinana Freeway, and Mandurah Baptist College.
Enjoy the beauty of nature at nearby "Black Swan Lake," perfect for walking, cycling, or relaxing outdoors. Plus, you're just 7 minutes from Madora Bay Beach and 10 minutes from Mandurah's vibrant centre.
This home combines modern functionality with a sought-after location, making it a fantastic opportunity for buyers looking to settle in or invest.
For more information or to book an inspection contact the team at Opal Realty.
Disclaimer: This property description has been prepared for advertising and marketing purposes only. The information provided is believed to be reliable and accurate. Buyers are encouraged to make their own independent due diligence investigations / enquiries and rely on their own personal judgement regarding the information provided. Opal Realty provide this information without any express or implied warranty as to its accuracy or currency.
Listing description written by Melissa Foggin, Opal Realty — reproduced as published, not verified by Districts.
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