21 Clarendon Circuit, Lakelands WA 6180
21 Clarendon Circuit, Lakelands WA 6180
4 bed 2 bath on a 461m² corner block, built in 2014 opposite bushland, with offers from $820k versus $875k value and rental potential around $690 per week.
Positioned on a quiet corner block opposite a natural bushland reserve, this 2014-built home offers openness and privacy, with kangaroos occasionally wandering through. The 172m² layout includes air conditioning, built-in robes, an ensuite, floorboards, a fully fenced yard, outdoor entertaining area, a shed, and a secure 2-car garage with remote access, plus reliable Opticomm fibre and 5G coverage. With 37% building coverage, theres space for green areas on the low 6m elevation lot.
Suitable for young families or professionals in Mandurahs 2039 age group (49% locally), with under-20s making up 26%, the property benefits from a calm outlook and close proximity to Lakelands Primary School and Coastal Lakes College (within 11.3km). Demand remains steady for family-oriented homes in this pocket, with fresh listings like this moving quickly due to limited corner positions backing reserves. The location offers easy access to shops, schools, and transport, delivering a suburban feel without isolation. Bushfire overlay is a consideration for insurance and preparedness, though there are no flood or heritage issues, and no major nearby new projects affecting stability.
Rental yield is around 4%, appealing to investors seeking steady cash flow from tenants who value the modern setup and connectivity. Growth is driven by continued family migration to the area for affordable schooling and lifestyle, with well-positioned 4-bedroom homes often selling quickly. Opportunities include minor yard upgrades to boost appeal, while risks involve bushfire exposure and potential slower uptake if the market cools for older builds.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Clarendon Circuit, Lakelands WA 6180
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Lakelands is a tightly held family suburb experiencing robust demand and strong price appreciation. The market is characterised by very low stock levels, leading to rapid sales and competitive leasing conditions. This dynamic is driven by sustained interest from owner-occupier families, supported by ongoing local development. Future growth is underpinned by these demographic fundamentals and infrastructure links, though the market’s sensitivity to interest rates and constrained supply present notable constraints on affordability and availability.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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