Lot 1189 Wakefield Glade, Lakelands WA (4+2)

Lakelands, Mandurah, WA, 6180

$ 995,224

Lakelands, Mandurah, WA, 6180
Lot 1189 Wakefield Glade, Lakelands WA (4+2)-0
Lot 1189 Wakefield Glade, Lakelands WA (4+2)-1

Property Images

Lot 1189 Wakefield Glade, Lakelands WA (4+2)-0 Lot 1189 Wakefield Glade, Lakelands WA (4+2)-1

Overview

Property ID: LA-20878

  • Dual Key
  • Property Type
  • 4+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 227

Details

Updated on Mar 20, 2026 at 12:46 pm

Property Type: Dual Key
Secondary Type: N/A
Price: $ 995,224
Land Price: $ 375,000
Build Price: $ 620,224
Gross Per Week: $ 1,150
Gross Per Annum: $ 59,800
Gross Yield: 6.01%
Capital Growth 12 Months: 31.19%
Capital Growth 10 Year Annualised: 5.19%
Vacancy Rate: 1.78%
Property Size: 227 m2
Land Area: 422 m2
Bedrooms: 4+2
Bathrooms: 2+1
Parking: 1+1
Title Status: 'June 2026
Property ID: 20878
SKU: 1070

Description

Located in Lakelands, this Dual Key is more than just a home — it’s a smart investment opportunity. With 4+2 bedrooms, 2+1 bathrooms and 1+1 car spaces, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.


Suburb profile:

Lakelands is a well-connected suburb near Mandurah known for lifestyle amenities and transport accessibility. The area offers schools, retail precincts and proximity to coastal attractions. Strong rental demand continues across Lakelands due to population growth. Investors value Lakelands for its balance of affordability and capital growth potential.


Inclusions:

  • Reverse cycle split system air conditioning
  • Stone benchtops throughout
  • 600 x 600 tiles to living areas
  • 900mm kitchen appliances
  • Internal wall painting
  • Rear landscaping

This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today’s market.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximize their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 1189 Wakefield Glade, Lakelands WA (4+2)
City Mandurah
State WA
Postcode 6180
Suburb Lakelands

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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