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
$840,000
Last sold
1 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
40,200 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
$840,000
1 June 2021 · 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=84). 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
-39.2%
Median sale
Suburb $1,381,000
+1.52 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 40,200 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 40,200 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 Southern Gateway Real EstateUNDER OFFER BY HELEN SOUTER
LIVE YOUR BEST LIFE!
Stunning heritage style house (built 2013), 4 bedrooms plus study, on almost 10 acres of mostly cleared land plus a dam with bore / pump for roof sprinkler system.
4 horses allowed (STCA) but more could be considered by council (STCA).
There is a large air conditioned (7kw) and powered workshop with 3-phase power plus a second structure that is no longer used but could be repaired to make a second residence or stables (STCA).
The main residence is approximately 194m2 of house (not including verandahs) and has many fabulous features such as:
FEATURES:
18m x 12m insulated workshop with mezzanine, split system air con and working sinks
Rammed earth walls and bamboo flooring
Steel frame roof with double insulation
Cathedral ceiling in main living areas
An attic
Open plan kitchen / dining / living
Marri cabinetry with pressed tin feature
Modern kitchen with dishwasher
Walk in pantry and wood bench tops
Split system air con plus ceiling fans
Master bedroom has built in robe and ensuite
Ensuite has shower and toilet
3 x minor bedrooms all with beautiful features and ceiling fans
1 minor bedroom has a large built in robe
PLUS study / 5th bedroom
Master bathroom is spacious, has clawfoot bath, separate shower and gorgeous heritage style vanity.
29,000 gallons of water tank total
Hot water powered by solar system
Filtrex septic system
Fire sprinkler system on roof (petrol pump)
3-phase power in workshop
2.2km (approx.) from Serpentine Primary School (make em ride a horse!), hotel and shops.
Are you currently living your best life? You would be if you lived here. Give Helen a call on 0401 056 564 to inspect this unique and beautiful property.
Listing description written by Helen Souter, Southern Gateway Real Estate — reproduced as published, not verified by Districts.