Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
$748,888
Last sold
5 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
459 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
$748,888
5 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,699/m² of land (n=152). Districts calculation from recorded sales — not a valuation.
Lakelands at a glance
9,305
People
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
-6.4%
Median sale
Suburb $800,000
+0.29 pp
Gross yield
Suburb 4.30%
Suburb median $800,000 from 103 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 459 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 459 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
$800,000
Median sale
$661/wk
Median rent
4.30%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ascent Property CoLuke Langford welcomes you to 5 Lea Wynd, Lakelands. This beautiful 4-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. With its additional lounge room, easy care living and spacious backyard, it's an ideal retreat, . Additionally, enjoy easy access to nearby amenities including Lakelands Shopping Centre, Lakelands Train Station, Coastal Lakes College, Lakelands Primary School, and the picturesque Madora Bay Beach which are all within a 4-minute drive of the home. Experience the best of Lakelands living in this wonderful residence!
Positioned directly opposite beautifully maintained parklands and a playground, this spacious Ventura-built home presents an outstanding opportunity to secure a foothold in one of the most sought-after and fast-growing suburbs in the region.
Whether you're a first home buyer, young family, or savvy investor, this property delivers exceptional value and lifestyle appeal.
Property Features:
• Four generously sized bedrooms, all with built-in robes
• Two light-filled bathrooms with modern finishes
• Stylish kitchen with stainless steel appliances and ample storage
• Open plan kitchen, dining, and family zone ideal for relaxed living
• Separate formal lounge – perfect as a media room or parents' retreat
• Paved alfresco area – ideal for year-round entertaining
• Ducted evaporative air conditioning throughout
• Easy-care, reticulated gardens for low-maintenance living
• Tasteful neutral tones and quality finishes throughout
• Built in 2006 on a 459sqm Green Title block
ESTIMATED RENTAL RETURN
This house has the potential to yield a rental income of $600 - $650 per week in the current market. It is an excellent option for investors seeking a low-maintenance investment property.
THE DETAILS YOU WILL NEED:
- Block: 459sqm
- Age: 2006
- Council rates: $2300.00 per annum
- Water rates: $1,541.08 per annum
Don't miss out on the opportunity to call this dream home your own. Embrace a modern lifestyle and enjoy the comfort and convenience of this stunning home.
For further information about this remarkable property, kindly reach out to agent Luke Langford at 0493 672 956 or luke@ascentpropertyco.com.au.
Please note: All dimensions and measurements, including those on the floorplan, are approximations. Buyers are encouraged to rely on their measurements while visiting the property. Distances to amenities are also approximate and sourced from Google Maps. All estimated outgoings are subject to change without prior notice.
Listing description written by Luke Langford, Ascent Property Co — reproduced as published, not verified by Districts.