Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Madora Bay › Elderslie Rise

5 Elderslie Rise, Madora Bay WA 6210

House

$795,000

Last sold

12 Mar 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

583 m²

Land

220 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $795,000 (12 Mar 2024).(Recorded sale)
  • CalculationRecorded House sales in Madora Bay (last 5 years) with land size: median $1,666/m² of land (n=130). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$795,000

12 Mar 2024 · 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 House sales in Madora Bay (last 5 years) with land size have a median of $1,666/m² of land (n=130). Districts calculation from recorded sales — not a valuation.

Madora Bay at a glance

6,009

People

$965,000

Median sale

$661/wk

Median rent

3.56%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Madora Bay report →

Vs Madora Bay

-17.6%

Median sale

Suburb $965,000

+0.76 pp

Gross yield

Suburb 3.56%

Suburb median $965,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202420252026$795k$1.13m
  • Sold (recorded)
  1. Sold$1,125,00016 Feb 2026
  2. Listedprice unknowncompleted21 Jan 2026
  3. Sold$795,00012 Mar 2024
  4. Listedprice unknowncompleted28 Feb 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 583 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 583 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Madora Bay in one glance

Madora Bay at a glance

6,009

People

$965,000

Median sale

$661/wk

Median rent

3.56%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Madora Bay report →

Keep researching

  • Why Madora Bay? Read the area thesis →
  • What else is on the market in Madora Bay →
  • Other records on Elderslie Rise →

Listing material

Listed by Acton | Belle Property Mandurah

Sold by Michelle Miles - Acton | Belle Property

Team Michelle Miles is excited to present this immaculate three-bedroom, two-bathroom home in the heart of Madora Bay.

Set on a generous 583sqm block, this beautifully maintained residence showcases high-quality finishes, high ceilings and a thoughtfully designed layout ideal for family living - perfect for growing families or downsizers seeking an easy care coastal lifestyle.

Step through the front door into a spacious, light-filled entry that immediately creates a warm and welcoming first impression. The hallway is illuminated with sensor lighting for security and convenience and is adorned with cleverly integrated floor to ceiling storage. Privately positioned at the front of the home, the master suite is a haven for relaxation, featuring plantation shutters, a ceiling fan, an exceptional walk-in wardrobe and a stylish ensuite complete with double vanities and a separate toilet.

Read the full description

Also located at the front of the home is a well-appointed theatre room with plantation shutters, ideal for relaxed evenings in, alongside a versatile study that could easily be converted into a fourth bedroom - complementing the three-bedroom layout and ensuring plenty of room for the whole family.

Feel at home in the spacious open-plan kitchen, living and dining area, with an abundance of natural light and soft flowing sheer curtains, designed for everyday comfort and effortless entertaining. The stylish kitchen is both functional and refined, offering stone benchtops, quality 900mm stainless steel appliances, a dishwasher and a large larder to enhance storage while keeping the space sleek and clutter-free.

Positioned at the rear of the home, two generously sized bedrooms boast ceiling fans and double-door robes, offering light-filled, versatile retreats for children, guests or hobby spaces. These bedrooms are serviced by a spacious family bathroom complete with a bath, shower and separate toilet. The laundry offers ample bench space and comfortably caters for family living.

Comfort and efficiency are well covered with reverse cycle air conditioning throughout, ensuring year-round climate control, while 19 x 5kW solar panel system significantly reduce energy costs and enhance the home's long-term sustainability. For added peace of mind, the property is also fitted with a modern alarm system.

Stepping outside, you'll be greeted by a stunning alfresco entertaining area, beautifully appointed with café blinds to create a versatile, all-year-round space-perfect for hosting family and friends or just relaxing after a long day. A built-in bench under the alfresco adds practical functionality for entertaining, while extending from the alfresco, a beautifully built pergola provides an additional spot to relax. The low-maintenance gardens and artificial lawn ensure more time enjoying the home and less time on upkeep, complemented by a small garden shed for extra storage. Additional to the double lock-up garage, a rare double-gated rear access spans approximately 6.5m wide, offering the perfect solution for securely housing a caravan, boat or additional vehicles with ease.

Located just 1.5km from the Lakelands Shopping Centre, 2.4km from Lakelands Train Station, a 500m walk to the new St Marcellin Catholic College, 1.5km to public primary and secondary schools and a 750m walk to the pristine shores of Madora Beach, the location puts everything you could need at your fingertips.

This home truly exudes the relaxed yet refined coastal lifestyle, and opportunities like this in Madora Bay don't last long. Contact Team Michelle Miles today on 0477 845 529 to arrange a viewing.

INFORMATION DISCLAIMER: This information is presented for the purpose of promoting and marketing this property. Whilst 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 Michelle Miles, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Outdoor Entertaining
  • Solar Panels
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.