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 › South Western Hwy
$399,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
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
$399,000
Asking
No recorded sale for this property.
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
-71.1%
Median sale
Suburb $1,381,000
+5.83 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.
$16,893 on top of the price (4.2% 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. 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 8.2%. 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.
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 The Mathews Group Real EstateThe Mathews Group proudly presents 6/2489 South Western Highway, Serpentine to the market. If you have been looking for a beautifully presented home where you can enjoy a peaceful country lifestyle, while still having access to the amenities and conveniences you need, this could be the one for you. Located within a welcoming over 55s lifestyle village, this lovely three bedroom, one bathroom home offers comfortable living in a quiet and relaxed setting. Serpentine is the perfect place to escape the hustle and bustle, with its beautiful surroundings and country atmosphere, while still being within easy reach of shops, services and everything you need day to day. The home itself has been lovingly cared for by the current owners and presents beautifully throughout. The open plan living area is spacious and inviting, with high ceilings adding to the sense of space and creating a light and airy feel. The kitchen has been tastefully renovated and is a real highlight, featuring quality stone benchtops, plenty of preparation space and excellent storage. All three bedrooms are well sized, while the bathroom and laundry are both neat, tidy and well maintained. Comfort is well catered for with air conditioning and ceiling fans throughout the home. Outside, you have some lovely spaces to enjoy. The decked area is perfect for sitting down with your morning coffee, enjoying an afternoon drink or simply relaxing and taking in the peaceful surroundings. There is also an undercover patio area which provides a versatile space for gardening, entertaining, relaxing or whatever you choose to make of it. There is plenty of storage available too, with a dedicated storeroom and garden shed, while the undercover carport provides parking for two vehicles.
Enjoy the Village Lifestyle
The lifestyle on offer within the village is another fantastic feature of this property. Residents can enjoy a great selection of shared facilities designed to make everyday life more enjoyable, social and active. A heated outdoor swimming pool provides the perfect place to cool off, relax or enjoy a swim, while the poolside area offers somewhere to unwind and soak up the sunshine. The clubhouse is a great central space for residents to come together, with facilities including a residents’ lounge, library, kitchen, pool table, piano and large screen television. There is also an active community atmosphere, with regular social activities, events and gatherings providing plenty of opportunities to meet neighbours and enjoy everything village life has to offer. For residents who need additional storage, secure areas are available for boats, caravans and trailers, subject to availability.
With a beautifully maintained home, renovated kitchen, spacious living, enjoyable outdoor areas and access to a fantastic range of village facilities, this is an excellent opportunity to enjoy a more relaxed way of life in the beautiful surrounds of Serpentine. We look forward to welcoming you through this wonderful home.
Listing description written by Ben Mathews, The Mathews Group Real Estate — reproduced as published, not verified by Districts.
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