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.
$787,000
Last sold
14 Mar 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
300 m²
Land
117 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
$787,000
14 Mar 2026 · 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
$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
-1.6%
Median sale
Suburb $800,000
+0.07 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 300 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 300 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 Harcourts MandurahModern - Convenient - Street Appeal
Modern living comes naturally at 5 Medway Road, Lakelands.
A beautifully presented 3-bedroom, 2-bathroom home that offers comfort, style and effortless everyday living. Boasting fantastic street appeal and immaculately maintained interiors, this home is a true credit to the current owner.
A double garage with remote access and convenient access to the rear adds practicality, while inside the light-filled open plan kitchen, dining and family room creates the perfect space for relaxing or entertaining. Neutral tones and natural lighting enhance the modern feel, with a split system ensuring year-round comfort. Sliding glass doors provide seamless access to the alfresco, extending the living space outdoors.
The kitchen truly is the heart of the home, featuring a breakfast bar, stone benchtops, a large fridge recess, stainless steel appliances and ample bench space and storage. All bedrooms are spacious and include built-in robes, while the large master suite offers its own split system, built-in robe and a stylish ensuite complete with a spacious shower, double showerheads and a separate toilet.
Outside, the low-maintenance gardens and lawns are serviced by reticulation, with artificial turf at the front for easy care. A decked area provides the perfect spot to relax or entertain, while a handy garden shed offers additional storage, completing a practical and easy-care outdoor space designed for effortless living. Solar panels add further appeal, providing energy efficiency and helping to reduce every day running costs.
Light, bright and beautifully modern, this home is perfectly positioned for convenience, making everyday living easy. Your next chapter starts here - love where you live.
You won't want to miss this one! Call Paul Taylor 0407 101 137 from Harcourts Mandurah to organise a private viewing.
Features:
• 3 Bedroom x 2 Bathroom Modern Home
• 2 Car garage with remote door entry, Shoppers door entry into house plus access through to rear yard.
• Open plan, kitchen, meals and living
• Kitchen WITH stone bench tops, breakfast bar, s/steel appliances, DW, 900mm oven, 900mm gas cook top, large walk-in pantry, double sink & water filter tap.
• Large master suite with a good size walk-in robe
• Stunning en-suite bathroom with double shower, vanity, and separate toilet.
• 2 good size minor bedrooms both with double mirrored robes.
• Main bathroom features a bath, shower and vanity
• 2 x Split system air conditioning
• Paved alfresco for all your entertaining
• Composite decking to adding extra space to enjoy
• Gas storage hot water system
• Reticulated low maintenance easy care gardens
• Solar panels to help save on power
• Garden shed
• 1.1kms to the freeway
• 950m to the Lakelands train station
• 1.2kms to the Lakelands shopping centre
• 3.4kms to the Madora Bay Beach
Council Rates: $2100.00 PA (approx.)
Water Rates: $1,398.07 PA (approx.)
Betta call Paul on 0407 101 137
Paul.taylor@harcourtsmandurah.com.au
Paul Taylor - Real Estate - Taylor'd to suit your needs
*All measurements are approximate*
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Paul Taylor, Harcourts Mandurah — reproduced as published, not verified by Districts.