South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
WA › South Lake › Mclernon Pl
$720,000
Last sold
20 May 2024
4
Bedrooms
2
Bathrooms
1
Car spaces
454 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
$720,000
20 May 2024 · derived via latest_sale
Local land rate: recorded House sales in South Lake (last 5 years) with land size have a median of $1,059/m² of land (n=144). Districts calculation from recorded sales — not a valuation.
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs South Lake
-22.7%
Median sale
Suburb $931,000
+1.10 pp
Gross yield
Suburb 3.74%
Suburb median $931,000 from 37 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 454 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 $670/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 454 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
South Lake at a glance
6,427
People
$931,000
Median sale
$670/wk
Median rent
3.74%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by GLC ResidentialALL OFFERS PRESENTED THROUGH OPENN OFFERS PLATFORM
This fully-renovated gem of a 4 bedroom 2 bathroom home defines quality low-maintenance "lock-up-and-leave" living from its tranquil cul-de-sac location, nestled just footsteps away from Lakeland Senior High School at the end of the street.
Stylish timber-look flooring graces a welcoming lounge room at the front of the house, boasting split-system air-conditioning for climate control. It also dominates a large master-bedroom suite only inches away - comprising of a fitted walk-in wardrobe and a superb fully-tiled ensuite bathroom with a rain/hose shower, vanity and toilet.
An open-plan family, dining and kitchen area is tiled for easy living and features a ceiling fan, extra cupboard storage, sparkling stone bench tops, a circular sink, a storage pantry, a stainless-steel Westinghouse range hood, Induction-cooktop and oven appliances of the same brand and a stainless-steel Bosch dishwasher to finish things off. Of the three carpeted spare bedrooms, the second bedroom has its own split-system air-conditioning unit - with all of them serviced by a fully-tiled main family bathroom with a bathtub, showerhead and vanity.
Outdoors and off the family room lies a pitched patio-entertaining area down the side and rear of the property, forming part of a delightful paved courtyard setting. There is also a sandpit for the kids out here, as well as a powered lock-up workshop shed with dual roller doors - one manual, one remote-controlled - and ample driveway parking space preceding it.
A short stroll around the corner reveals bus stops, the stunning local hockey facility and the sprawling Lakelands Reserve, with the likes of South Lake Primary School, the Lakes Shopping Centre, The Berrigan Bar & Bistro, the freeway, additional public transport at Cockburn Central, Cockburn Gateway Shopping City and the new Cockburn ARC Aquatic and Recreation Centre all nearby and very much within arm's reach, too. Classy, quiet and convenient - it's pretty much the complete package, waiting for you right here!
Other features include, but are not limited to:
- Laundry off the kitchen - with a double linen/broom cupboard, over-head storage space and external/side access for drying
- Separate 2nd toilet
- Westinghouse microwave in the kitchen
- Solar-power panels
- Security-alarm system
- Security roller shutters to the bedroom windows
- Security-door entrance
- Electric hot-water system
- Reticulation
- Single carport
- 3kw Solar panels with a 5kw fronius inverter
- Wide and standard side-access gates - at either end of the property
- Solid brick-and-tile construction
- Built in 1985 (approx.)
- Easy-care 454sqm (approx.) survey-strata block
ENQUIRIES: For all enquiry responses relating to the property, please also check your junk mail or email spam folder. All enquiries will be answered within 24 hours.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Lisa Correia, GLC Residential — reproduced as published, not verified by Districts.
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