118 Lake Valley Drive, Lakelands, WA 6180 sold on 07 November 2025 | OnTheHouse
 
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Sold on 07 Nov 2025 - Price Unavailable

118 Lake Valley Drive
Lakelands WA 6180

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 141m2
Land area: 285m2
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Property Details for 118 Lake Valley Dr, Lakelands

118 Lake Valley Dr, Lakelands is a 4 bedroom, 2 bathroom House. The property has a land size of 285m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 4 bedroom House sold in Lakelands in the last 12 months.

Building Type
House
Floor Size
141m2
Land Size
285m2

Last Listing description (November 2025)

This modern 4-bedroom, 2-bathroom home is the complete package for investors looking for strong returns with minimal upkeep. Built in 2013 and sitting on a low-maintenance 285 sqm block, the property offers long-term appeal with quality finishes, practical design, and an unbeatable location.
With an expected rental return of $620–$690 per week, this is a high-demand opportunity in one of Mandurah’s fastest growing areas.
📍 Location Advantage

• Short walk to the new Lakelands Train Station – attracting tenants who commute.
• Moments from Lakelands Shopping Centre, schools, and local amenities.
• Easy freeway access to Perth.
• Close to Madora Beach, boosting lifestyle appeal for tenants.
Property Features:
• 4 bedrooms, 2 bathrooms (master with ensuite & walk-in robe).
• Built-in robes to secondary bedrooms.
• Open-plan living and dining.
• Kitchen with gas cooktop & stainless-steel appliances.
• Ducted conditioning.
• Solar panels for energy savings.
• Double garage with internal access.
• Low-maintenance gardens – ideal for rental management.
📐 Key Details:
• Year Built: 2013
• Land Size: 285 sqm
• Estimated Rental Return: $620 – $690 per week

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Property History for 118 Lake Valley Dr, Lakelands, WA 6180

A timeline of how this property has performed in the market
Last Sold
07 Nov 2025
Listed for Rent
$580/w
26 Mar 2024
  • 25 Nov 2025
    Listed for Rent $650 / week
  • 20 Oct 2025
    Sold for $650,000
  • 12 Sep 2025
    Listed for Sale BOA $690,000.00
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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 2016 was 4830 people. By 2021 the population was 6171 showing a population growth of 27.8% 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 2021, 75.10% of the homes in Lakelands were owner-occupied compared with 74.40% in 2016.

Lakelands has 4,557 properties. Over the last 5 years, Houses in Lakelands have seen a 74.69% increase in median value, while Units have seen a 51.07% increase. As at 31 October 2025:

  • The median value for Houses in Lakelands is $703,469 while the median value for Units is $1,044,247.
  • Houses have a median rent of $620.
There are currently 260 properties listed for sale, and 12 properties listed for rent in Lakelands on OnTheHouse. According to Cotality's data, 393 properties were sold in the past 12 months in Lakelands.

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