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 › Wellard St
$480,000
Last sold
20 Aug 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
1,992 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
$480,000
20 Aug 2024 · derived via latest_sale
Local land rate: recorded Land sales in Serpentine (last 5 years) with land size have a median of $38/m² of land (n=11). 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
-65.2%
Median sale
Suburb $1,381,000
+4.44 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 1,992 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 1,992 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 privilege of presenting to the market, for the first time, a distinctly divine parcel of land in the gorgeous foothills of Serpentine. Comprising just shy of half-an-acre of land (1,992m2) this large lot opportunity is one of the most unique and pristine land offerings to ever hit the market in the region.
They're simply not making any more of these - cherished by generations for it's glorious views of the Darling Ranges, steeped in local history and adorned with established trees, gardens and expansive lawns. Providing a timeless and picturesque example of the rich rural residential lifestyle on offer in this brilliant location.
Situated on a corner block at the end of 'old' Wellard Street, the privacy and peaceful position of this parcel is a fundamental benefit for those seeking a special spot to call home. Many years ago the easternmost portion of Wellard Street was replaced by a new road and intersection from Karnup Road, meaning that this property now avails of a private street frontage and corners Rudall Street which is also technically a very 'private' road.
Picture perfect surroundings have been curated and celebrated over the years, imagine garden parties and special family events held under the shade of the flametrees. With plenty of open space for creating your very own nostalgic memories, and a beautiful family home, the options for this block can only be limited by your imagination. Let it run wild.
Historically the main 'shed' structure at the roadside frontage was originally a carpenter's workshop, and speaks of a forgotten era of craftsmanship, complete with timber board cladding, concrete floor and 3-phase power supply - this is the ideal space to store or create new beginnings.
A smaller 'craft cottage' building sits quaintly amongst the gardens, a potential art studio or weekender which has the makings of a gorgeous guest house accommodations (with some improvements and sealing, of course).
There's far too many cliché's we could use to conjure up the joy and spirit of this incredibly charming property - but there's nothing to compare to seeing and experiencing this place in person. Contact us by using the 'Email Agent' feature on this website and we will be in touch to arrange a suitable time to show you your new authentic lifestyle in Serpentine.
Particulars:
Local Govt. - Shire of Serpentine-Jarrahdale
Land size - 1,992m2
Zoning - Urban Development / R5
Rates - Approx $2,300 p/a
Frontage - 86m
Utilities - Mains power (3-phase), Scheme water available, Septics (no sewer)
Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.