20 Camperdown Way, Lakelands WA 6180

20 Camperdown Way, Lakelands, is a 4-bedroom, 2-bathroom apartment with 2 garages on a 155,035 m² land parcel. This configuration suggests a large rural holding with a residential dwelling, not a typical apartment. It is positioned as a rare lifestyle property within a suburban council area. What is competitively strong here is the sheer land size-15.5 hectares-which is almost unheard of in a suburb like Lakelands, where most properties are standard residential blocks. This gives the property a rare dual character: it offers the space and privacy of a rural holding while still being within the Mandurah council area, providing access to urban amenities. The dwelling itself, described as a 4-bedroom apartment, likely functions as a substantial home on this land, making it ideal for a buyer seeking a small farm, equestrian use, or a private retreat without being remote. The property best serves those who value land and seclusion over a conventional suburban layout. What may materially affect value is the significant discrepancy between the recent sale price of $318,000 and the estimated value of $1,048,000. This gap could indicate that the land was sold below potential, or that the dwelling adds substantial value not reflected in the land sale data. A buyer should investigate whether the dwelling is habitable, approved, and whether any development or subdivision potential exists, as this could unlock further value. The “under offer” status and conflicting rental listing also suggest possible planning or title complexities that might affect financing or future use. Weighing these factors carefully is essential before forming a price view.