OFF MARKET

5 Cascade Road
Lakelands WA 6180

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 233m2
Land area: 450m2
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Last updated 11 Nov 2024
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Property Details for 5 Cascade Rd, Lakelands

5 Cascade Rd, Lakelands is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 450m2 and floor size of 233m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
2017
Floor Size
233m2
Land Size
450m2
Local Government
Mandurah
Lot/Plan
26/P410558

Last Listing description (September 2019)

That's right! With a guaranteed rent return on a long term lease, this exquisite property can be yours to own!!
Inspired by the elegance and the sophistication of the Hampton, the Lodge is built to create a lasting impression, with flawless attention to details, classic lines and a modern colour scheme.
Beautifully bright and breezy and cleverly designed to maximize space, this elegant family home seamlessly integrates the interior and exterior spaces. With a well-appointed gourmet kitchen, convenient scullery, open plan living/dining areas with featured raking ceilings, this home meets and exceeds all expectations.

Set within the growing neighbourhood of Lakelands, Ocean Hill Private Estate has everything on your wish list. Perfect for people who want to live to both stunning natural coastline and beautiful native woodland. Ocean Hill is just 400m from new Lakelands town centre, walking distance to the new Lakelands Senior High school set to open 2019 and 10 minutes to Mandurah city centre, it's a perfect place location.
Packed full of features, our display home is finished to Shelford Quality Homes' exacting standards, with all the designer options on display included in the purchase price.

- Fully ducted air conditioning
- Landscaped reticulated gardens
- Monitored alarm system
- Gourmet Kitchen with 900mm Stainless Steel Appliances
- Velux Skylights
- Quality flooring throughout
- Outdoor Entertaining Area
- And Much More, the home represents fantastic value for money for the astute investor
Providing a guaranteed rent return of 7% per annum or $819 per week (paid monthly), the Shelford Group will lease the home back from you for a period of 24 months. In addition to managing and maintaining the property for the duration of this lease-back period, the Shelford Group will also be your ideal tenant!

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Property History for 5 Cascade Rd, Lakelands, WA 6180

A timeline of how this property has performed in the market
Last Sold
$528,000
30 Jul 2019
  • 22 Mar 2020
    Listed for Sale From $280,580*
  • 30 Jul 2019
    Sold for $528,000
  • 07 Mar 2018
    Listed for Sale From $609,000 (with 7% Lease Back)
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About Lakelands 6180

The size of Lakelands is approximately 7.1 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Lakelands in 2011 was 2,922 people. By 2016 the population was 4,820 showing a population growth of 65.0% in the area during that time. The predominant age group in Lakelands is 0-9 years. Households in Lakelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakelands work in a trades occupation. In 2011, 71.8% of the homes in Lakelands were owner-occupied compared with 74.4% in 2016.

Lakelands has 3,825 properties. Over the last 5 years, Houses in Lakelands have seen a 107.13% increase in median value, while Units have seen a 36.77% increase. As at 31 October 2024:

  • The median value for Houses in Lakelands is $714,319 while the median value for Units is $599,323.
  • Houses have a median rent of $620.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Lakelands on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in Lakelands.

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