Lakelands at a glance
9,305
People
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
$821,000
Last sold
2 Feb 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
349 m²
Land
148 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
$821,000
2 Feb 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
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
+2.0%
Median sale
Suburb $805,000
-0.08 pp
Gross yield
Suburb 4.27%
Suburb median $805,000 from 102 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 349 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 349 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
$805,000
Median sale
$661/wk
Median rent
4.27%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Acton | Belle Property MandurahUnder offer by Sarah Spencer!
Nestled in a quiet, highly sought-after pocket of the Lakelands estate, this contemporary four-bedroom, two-bathroom residence presents an outstanding opportunity for both savvy investors and owner-occupiers planning ahead. Set on a corner block with valuable side access and easy-care gardens, the home combines modern design, quality finishes, and long-term practicality in a location that continues to attract strong demand.
Currently leased to a secure tenant until August 2026 at $650 per week, the property delivers immediate rental income and peace of mind, making it an ideal set-and-forget investment. With solar panels helping to reduce electricity costs, NBN already installed, and low-maintenance gardens front and back, ongoing expenses are kept to a minimum-an attractive proposition for any investor.
Internally, the home is finished to a high standard, featuring stone benchtops throughout the kitchen, bathrooms, and laundry. The modern kitchen is well equipped with stone surfaces, a dishwasher, and a spacious walk-in pantry, seamlessly connecting to the main living areas. Ducted reverse-cycle air conditioning ensures year-round comfort, further enhancing tenant appeal and long-term rental performance.
The corner block position and side access provide added flexibility, suitable for parking an additional vehicle, trailer, or small boat, while the double garage completes the package.
Positioned in a quiet, family-friendly neighbourhood, the home is just minutes from Lakelands Shopping Centre, offering supermarkets, cafés, medical services, and specialty retailers. Nearby parks, lakes, and walking trails contribute to a desirable lifestyle that continues to draw quality tenants.
Families are well catered for with the property located within the catchment areas for Lakelands Primary School and Coastal Lakes College, with Mandurah Baptist College also close by. Lakelands Train Station is only a short drive away, providing direct rail access to Mandurah and the Perth CBD, while easy access to Mandurah Road and the Kwinana Freeway ensures smooth commuting.
With a strong rental return, a secure lease in place, and a prime Lakelands location, this property represents a compelling investment opportunity with excellent future potential. Contact Sarah Spencer on 0447 499 045 for further information.
Council Rates: Approx $2,300 p/a
Water Rates: Approx $1,505 p/a
Fixed Rent: $650 p/w expiring 26/08/2026
Year Built: 2020
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 Sarah Spencer, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.
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