Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Serpentine › Gull Rd
$1,430,000
Last sold
23 Feb 2026
4
Bedrooms
1
Bathrooms
0
Car spaces
84,983.985 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
$1,430,000
23 Feb 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded Rural Property sales in Serpentine (last 5 years) with land size have a median of $66/m² of land (n=14). Districts calculation from recorded sales — not a valuation.
Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Serpentine
+3.5%
Median sale
Suburb $1,381,000
-0.08 pp
Gross yield
Suburb 2.37%
Suburb median $1,381,000 from 30 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 84,984 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 $629/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 84,984 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
Serpentine at a glance
3,315
People
$1,381,000
Median sale
$629/wk
Median rent
2.37%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Acton | Belle Property MandurahSpanning approximately 20.65 acres or 8.36 rural zoned hectares, this impressive rural holding sits within one of Serpentine's most tightly held pockets, adjoining a nature conservation reserve and located in close proximity to the Serpentine River.
Positioned at the end of a quiet no-through road and accessed via a 400 metre, private, tree-lined driveway, the setting is peaceful, secluded and naturally protected, yet remains within around 45 minutes of the Perth CBD.
Acreage with water security:
Water is the lifeblood of any rural property, and here it comes in abundance. Multiple dams, including a substantial spring fed dam reaching depths of approximately 8 metres, are complemented by an excellent three-phase submersible bore supported by a generous water licence of 16,150kL per annum.
The ability to irrigate paddocks, orchards and lawns with confidence across all seasons is a genuine rarity this close to Perth.
Land and layout.
The land is well balanced, usable and thoughtfully improved, offering a strong mix of cleared grazing paddocks, natural shelter belts and established infrastructure. The southern end of the property features well fenced paddocks with quality equine mesh, ideal for horses or livestock.
Pastures covering the entire property include productive kikuyu and couch summer grasses, supported by annual rye grass and clovers in the winter months, while mature trees provide shade, shelter and a sustainable firewood supply.
Accommodations:
The property includes a spacious shed style weekender offering 4 bedrooms and bathroom facilities, providing very comfortable accommodation and excellent flexibility for extended stays, weekends away or ongoing rural enjoyment. There's so much value to pick-up with this property and this shed house offers excellent versatility, whatever your plans may be.
Outdoor living:
A much-loved feature of the property is the character filled outdoor entertaining area, complete with barbecue area, power, lighting and the hearth in place for a wood-fired oven. Set beneath towering gum trees, it is a relaxed and practical space for entertaining, unwinding after a day on the land or simply enjoying the peace of the surroundings, watching the birds bathe in the sprinklers by sunset. This is living!
Infrastructure in place:
Shedding is a major asset here, led by a substantial 26.5 metre x 6 metre powered shed offering open bay, enclosed and lockable storage zones plus a workshop. It is ideally suited to machinery, a home gym, equipment, stock feed or tack storage with ample room for tie up and wash down areas and flexibility to adapt to a wide range of uses.
The complete rural package:
Offering scale that's incredibly rare for lifestyle rural properties, outstanding water security, privacy and meaningful foundations already established, this property represents the ideal beginnings of a premium rural lifestyle.
Zoned Rural and positioned within one of Serpentine's most desirable pockets, it presents a unique opportunity to secure a substantial landholding with the hard work already done and the freedom to shape what comes next.
Key features:
• Approximately 20.65 acres or 8.36 rural zoned hectares
• Adjoins a nature conservation reserve with close proximity to the Serpentine River
• Multiple dams including a large dam approximately 8 metres deep
• Three phase submersible bore with 16,150kL water licence per annum
• Well fenced paddocks including equine mesh fencing at the southern end
• Established pasture, mature shelter trees and sustainable firewood supply
• Approx. 26.5m x 6m powered shed with versatile storage and working zones
• 4 bedroom shed style weekender
• End of cul de sac position with long private tree-lined driveway
• Approximately 45 minutes to Perth
What next?
If you are searching for a private rural holding with exceptional water security, solid infrastructure in place and the freedom to plan and build your future home, this is a property that truly stands apart.
Contact the Miles Walton Team from Acton | Belle Property Mandurah to arrange your inspection and experience the scale, privacy and long-term potential of this Serpentine property for yourself.
INFORMATION DISCLAIMER:
This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property.
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.