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 › Richardson St
$690,225
Last sold
17 Aug 2024
4
Bedrooms
2
Bathrooms
1
Car spaces
2,027 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
$690,225
17 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Serpentine (last 5 years) with land size have a median of $178/m² of land (n=83). 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
-50.0%
Median sale
Suburb $1,381,000
+2.37 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 2,027 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.
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 2,027 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 MandurahMiles Walton team from Acton Belle Property have the pleasure of presenting this rare half-acre property in Serpentine to the market for sale.
Properties in this location are tightly held for very good reason, this is the life - and this offering is the perfect start to your large lot dreams. Positioned on a clear, level and expansive 2,027m2 block (half an acre) with rear laneway access to the powered sheds there's so much space to expand and grow.
A solid, double brick 4 bedroom 2 bathroom home provides a spacious layout for down sizers, first home buyers and families alike. With versatility in spades and accommodations to suit a myriad of situations, there's lots of options for improving the excellent 'bones' to suit your tastes.
Outside is where the imagination really runs wild. Expand the existing shedding with a monster workshop, build a granny-flat with separate (laneway) access, pull the gloves off and get your green thumbs dirty with a productive vege garden - with this much space to utilise you could do them all, and have room left over!
Located within the Serpentine town precinct you will be walking distance to the post office, general store, medical centre and pharmacy. Nearby parks, playgrounds and reserves are also within short walking distance offer the ideal community amenities this gorgeous town has to offer.
Being in close proximity to nearby the 'urban hubs' of Byford or Baldivis, yet with long-term planning to retain this unbeatable large lot lifestyle (minimum 2,000m2 blocks) - you'll be able relish the 'country' life for generations to come.
School buses leave from directly opposite the property's driveway and service schools in Byford, Armadale, Baldivis, Pinjarra and Mandurah!
- 2,027m2 Half acre block with additional rear laneway access
- 4x2 double brick home with patio alfresco
- Powered sheds
- Established fruit trees and gardens
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.