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
$1,800,000
Last sold
10 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
143,339.654 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
$1,800,000
10 May 2024 · derived via latest_sale
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
+30.3%
Median sale
Suburb $1,381,000
-0.55 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 143,340 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 143,340 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 MandurahWelcome to 'RIVERGLEN' - The Miles Walton team from Acton Belle Property have the immense privilege to present to the market for the first time in over 35 years, an exceptional property opportunity in Serpentine that provides an unparalleled riverfront lifestyle in a peaceful and private position on the fringe of the metro area.
A unique and exceptional rural lifestyle awaits you on this stunning acreage property, encompassing 136 metres of Serpentine River frontage. If you've ever dreamed of embracing the country lifestyle within 45 minutes of Perth CBD, this is your optimum chance to realise those dreams.
Spanning an impressive 14.33 hectares (35.41 acres), this is not your average rural residential-sized 'fun block'. Here, you can relish the surplus of sprawling paddocks with rich riverbank to sand-over-clay soil types and a substantial water allocation to keep the pastures green and lush year-round.
Those seeking a quiet life on the land with ultimate privacy will relish the peaceful seclusion, arriving home along the 500m driveway to a blissful retreat with so much potential and serenity.
Whatever your aspirations - grazing livestock or horses over the pasture-filled paddocks, establishing a sizeable vegetable garden or simply putting distance between yourself and the real world, this property affords you the pleasure of choices.
Zoned for Rural Smallholdings 4ha - 40ha, the real potential for future subdivision (STCA) allows you to unlock the possibilities of a supreme long-term investment.
'Riverglen' Homestead:
Exuding nostalgic charm and reflecting the quality construction you expect from Plunkett Homes, this gorgeous 4 bedroom 2 bathroom family home offers a solid foundation and a generous floor plan to suit a wide variety of family requirements.
Boasting multiple separate living areas there's no shortage of independent space to recline and relax and the expansive open-planned central hub of the home allows you to connect with your loved ones in comfort. There's a separate, sunken front loungeroom, dedicated dining room with sliding door access to the patio and a useful storeroom under the main roof perfect for a small workshop.
The master suite is complemented by an abundance of natural light and organic aspects over the landscapes, as well as a private ensuite and walk-in robe.
Secondary bedrooms situated within a separate wing, also avail of the presence of large windows with views over the enormous backyard to the riverbanks, are double-sized and the 4th bedroom would be ideal for visiting guests with glass sliding doors to the outside meaning late arrivals or early departures cause minimal disturbance.
With ducted air conditioning and reverse cycle splits, and 2 tile wood fires, you'll stay comfortable year-round.
Additional Property Benefits:
Enjoy 136 meters of Serpentine River frontage with pumping rights for 9,095kL per annum, ensuring your land thrives and your projects get off the ground in record time.
Irrigation is supplied to paddocks, lawns, gardens, and for stock watering - you really can't put a price on such a valuable resource when it counts most for your establishing your inspired endeavours.
Location:
This once-in-a-lifetime riverside location offers the perfect blend of rural tranquility and connected convenience.
The demand for quality rural properties in Serpentine is soaring, and this property offers you a rare chance to own a piece of this highly sought-after lifestyle with potential for future profit courtesy of the zoning.
With Byford just 15 minutes away and Baldivis a short 17-minute drive, you can maintain a rural lifestyle without sacrificing urban convenience.
Serpentine boasts a vibrant rural lifestyle community. Local amenities are just a short walking distance away (or trotting if you're on a pony) - including the Serpentine Horse and Pony Club and Serpentine Golf Course, Serpentine Medical Centre & Compounding Pharmacy, Post Office & General Store, skate park, playgrounds and ovals.
With population and development growth projected in the local government area, and with significant infrastructure projects like the Tonkin Highway extension and a new Metronet train station in Byford, your investment here is poised to grow.
Don't miss this opportunity to prosper in privacy and serenity, call Serpentine your home.
Contact us today to arrange a viewing and discover the endless possibilities this property has to offer.
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.