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WA › Serpentine › Mckay Dr

87 Mckay Dr, Serpentine WA 6125

House

$885,000

Last sold

24 May 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

10,117.141 m²

Land

131 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $885,000 (24 May 2024).(Recorded sale)
  • CalculationLand 10,117 m² against a 131 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Serpentine (last 5 years) with land size: median $179/m² of land (n=83). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$885,000

24 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Serpentine (last 5 years) with land size have a median of $179/m² of land (n=83). 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.

See the full Serpentine report →

Vs Serpentine

-35.9%

Median sale

Suburb $1,381,000

+1.33 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$885,00024 May 2024
  2. Listedprice unknowncompleted22 Apr 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 10,117 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 10,117 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Serpentine in one glance

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.

See the full Serpentine report →

Keep researching

  • Why Serpentine? Read the area thesis →
  • What else is on the market in Serpentine →
  • Other records on Mckay Dr →

Listing material

Listed by Acton | Belle Property Mandurah

Sold by Team Miles Walton - Acton | Belle Property

Captivating and charming, positioned on the hillside of the Serpentine hinterland - set on 2.5 acres this private and peaceful home enjoys the majestic hills as a backdrop and sweeping views over the property from every vantage. Maintained and presented to a sensational standard this is one opportunity that offers the whole package for the astute acreage buyer.

Set on a quiet cul-de-sac and adjoining 5 hectares of open space, with walking trails winding through the National Park to the Serpentine Falls, enjoy nature on your literal doorstep and the tranquility of the Country Life without being out in the sticks. There's even scheme water as well as several rainwater tanks. Sign me up!

The Lifestyle:

Read the full description

There's so much natural beauty to discover and a winter creek coursing through the gully, with paddocks and towering trees flowering with the change of seasons. Visiting birdlife in abundance and the odd kangaroo or two - you asked for a home among the gum trees!

The residence itself sits perched in an elevated position which complements it's surroundings and capitalises on the aspects on offer, with extensive sealed parking space and verandahs for enjoying the life outdoors on your acreage.

As you enter the home you're greeted by an expansively open-planned living area comprising the kitchen and meals area plus lounge, this space is flooded with natural light bouncing off the solid timber floors and has easy access to the patio. Of course this harmonious hub of the home includes the acreage essential - a slow combustion wood fireplace as the centrepiece.

The accommodations are positioned on the eastern side of the home and are sheltered from the sun, with 3 generous bedrooms complete with robe storage and a recently refurbished bathroom boasting floor to ceiling tiles and frameless shower.

Under the gabled patio which wraps further around western side of the home - you've got the ideal space to share and soak up the serenity with friends and loved ones, cooking outdoors on the bbq or firing up the chiminea for hours of fellowship in the winter.

The property features:

There's no getting around the arguable 'most important' feature of acreage life - the sheds.

You're spoiled once again here with nearly 160 sqm of covered workspace, a shed and massive lean-to which are connected with ample storage, parking and powered workshop - so yes, you can certainly bring the toys.

Access is a breeze with loads of gravel driveway, hardstand and the ability to get around every corner of the block with room for the caravan, boat etc. You won't have any dramas moving around, there's gentle undulation and it's not a 'steep' block despite the hills location.

You'll have a number of interconnected paddocks which can be further divided if necessary, plenty of shade trees and of course the winter creek. Bring a sheep or 3, battle supermarket inflation with some chooks of your own, grown your own veges and drink from the clouds - this is your chance to make a move to the 'Good Life'.

What next!?

There's unspeakable value on offer here, so much so you'll be left scratching your head on replacement cost alone. The ever-popular location offers easy commuting distance and with school bus services delivering kids to a myriad of local schools, Byford shopping only 12 minutes drive, there's so many more reasons to make Serpentine your home.

Use the 'Email Agent' feature of this webpage to contact Serpentine's own property specialists, the Miles Walton team from Acton Belle Property - and we will be in touch to arrange a suitable time to show you your new lifestyle in Serpentine.

Listing description written by Miles Walton, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Floorboards
  • Outdoor Entertaining
  • Solar Panels
  • Water Tank
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.