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 › Salmon Bark Rd
$2,000,000
For sale
Asking
4
Bedrooms
3
Bathrooms
2
Car spaces
22,900 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
Asking
$2,000,000
Asking · $87/m² of land
No recorded sale for this property.
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
+44.8%
Median sale
Suburb $1,381,000
-0.73 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.
$98,041 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Serpentine's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 22,900 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.
Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 22,900 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 O'Neil Real EstateIf you've been hunting for your perfect acreage property, you will have seen the usual compromises. Some have an incredible horse setup and a house you'd rather not go inside. Others have a beautiful house with plenty of land… and absolutely nothing useful on it.
This one is different.
There's a beautiful family home, a proper granny flat extension, quality equestrian facilities, great sheds, a stunning pool area... For once, this is an acreage property where everyone gets what they want!
THE HOUSE
The home presents beautifully and has been maintained with a great deal of care. Everything is exceptionally neat and tidy and the generous floor plan provides an incredible amount of space for a family to spread out.
At the heart of the home is the updated kitchen and it's a masterpiece! Finished in a Country Hamptons style with stone benches and a top quality SMEG Range Cooker - this will get the family chef very excited! It connects beautifully with the meals and family areas to create a practical everyday living space.
There are several separate living zones including a formal lounge, dining room, family room and a large games room. This gives everyone somewhere to escape when a little peace and quiet is required.
THE GRANNY FLAT
If you have Mum and Dad coming with you, this is a setup that actually works.
Rather than a tiny granny flat squeezed somewhere onto the property as an afterthought, this is a substantial extension incorporated under the main roof. It features an enormous open-plan living area with its own kitchenette, plus an ensuite, separate powder room and plenty of storage.
Importantly, it feels like part of the home while still providing genuine separation. The two living zones are connected internally, so extended family can be as involved as they want to be without everyone living in each other's pockets.
Combined with the size and versatility of the main home, it's an outstanding arrangement for multi-generational families and one of the features that really sets this property apart.
OUTSIDE
This is where the property really comes into its own.
The grounds are beautifully maintained and, importantly, have been set up to be properly used. Established paddocks and stables provide an excellent setup for horses while the shed offers plenty of space for tools, toys, machinery or the projects you've always dreamed of tackling. With a reliable bore producing clean water to the irrigation system surrounding the house, the property remains beautiful through all of the changing seasons.
The pool area is another standout. Set privately amongst established gardens, the below-ground swimming pool and cabana create a brilliant place to entertain or simply spend a summer afternoon.
Everything outside is established and exceptionally well maintained. There's no enormous list of jobs waiting for you after settlement. You can simply move in and enjoy it.
THE LIFESTYLE
This is exactly what acreage living should be. You have space and privacy without feeling isolated. The horses are properly catered for without compromising on the quality of the home. There's room for extended family without having everyone on top of each other and enough infrastructure to make the land genuinely useful.
Whether you're bringing Mum and Dad, the horses or a shed full of hobbies, there's something for just about everyone here.
Beautifully presented and exceptionally well set up, this is an impressive acreage package that is sure to be popular.
To see if for yourself, contact Travis Grogan by completing the CONTACT AGENT form on this website and we will be in touch to arrange a viewing.
Listing description written by Travis Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.