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WA › Coolbinia › Mardella St

2 Mardella St, Coolbinia WA 6050

House

$3,200,000

Last sold

14 Mar 2025

6

Bedrooms

3

Bathrooms

5

Car spaces

1,186 m²

Land

619 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $3,200,000 (14 Mar 2025).(Recorded sale)
  • CalculationRecorded House sales in Coolbinia (last 5 years) with land size: median $1,991/m² of land (n=21). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$3,200,000

14 Mar 2025 · derived via latest_sale

Local land rate: recorded House sales in Coolbinia (last 5 years) with land size have a median of $1,991/m² of land (n=21). Districts calculation from recorded sales — not a valuation.

Coolbinia at a glance

1,905

People

$2,117,500

Median sale

$675/wk

Median rent

1.66%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Coolbinia report →

Vs Coolbinia

+51.1%

Median sale

Suburb $2,117,500

-0.56 pp

Gross yield

Suburb 1.66%

Suburb median $2,117,500 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$3,200,00014 Mar 2025
  2. Listedprice unknowncompleted1 Jan 2001

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,186 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $675/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,186 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Coolbinia in one glance

Coolbinia at a glance

1,905

People

$2,117,500

Median sale

$675/wk

Median rent

1.66%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Coolbinia report →

Keep researching

  • Why Coolbinia? Read the area thesis →
  • What else is on the market in Coolbinia →
  • Other records on Mardella St →

Listing material

Listed by HKY Real Estate

UNDER OFFER

UNDER OFFER

Occupying a prominent corner position in tranquil and tightly-held Coolbinia where a plethora of picturesque local parklands complement an attractive and convenient setting close to the city, this expansive 6 bedroom 3 bathroom two-storey Art Deco gem is overflowing with original character features and offers the perfect blend of vintage charm and limitless potential for modern family living.

It is perched on a massive 1,186sqm block with multiple entry points and ample parking options across separate driveways. Framed by established grounds, over 400sqm of living space and a total 619m2 of total build area beckons and is destined to appease the personal needs of you and your loved ones.

Read the full description

High ceilings, solid wooden Jarrah floorboards, intricate details such as curved glass windows and decorative ceiling roses, feature ceilings, cornices and skirting boards, stunning sash windows and a layout that invites creativity make it an ideal canvas from which to craft your dream residence, on your own terms.

An enormous formal front lounge room welcomes you inside off the entry foyer, with the grand formal-dining room next door benefitting from its own separate access. A huge home office can be found in this part of the house too, with its curved wooden walls and custom timber storage all add to its 'Mad Men' vibe.

The open-plan family, meals and kitchen area doubles personal living options downstairs and plays host to a double linen press and pot-belly wood-fire heater. The kitchen itself is generous in size and is more-or-less a “blank canvas” for the resident chef's individual touches, currently comprising of a sleek granite island bench, double sinks, a water-filter tap, stainless-steel gas-cooktop and double-oven appliances, a Westinghouse range hood and a white Miele dishwasher.

Family-room bi-fold doors reveal a splendid paved entertaining courtyard, right beside a shimmering below-ground swimming pool that has been recently re-lined and leaves extra room around it to laze about under the summer sun and swaying palms – and amidst the chirping local birdlife up in the surrounding treetops. Back inside, a giant master retreat is the obvious pick of the bedrooms with its double-door garden and courtyard access.

Next to the master suite lies the main ground-level bathroom – complete with stunning original terrazzo flooring, glass wall tiles, a walk-in shower, a central bathtub and a toilet. There is plenty of storage within the laundry, with the second bathroom also accessible from here – and home to a shower, toilet and vanity basin.

Upstairs, a spacious rumpus/living room has its own kitchenette with double sinks, as well as double-door access to a fabulous balcony, overlooking the pool. There is double-door balcony access from the landing too, as well as from within a huge second bedroom – where built-in wardrobes and extra storage cupboards complement leafy street views across the front balcony, all behind the privacy of double doors.

The large third bedroom benefits from a pleasant verdant outlook. The fourth bedroom mirrors the second bedroom, with the only difference being the access out on to a separate balcony.

The fifth bedroom is light, bright, spacious and has its own vista down to the pool. With its own entrance from an external staircase, the carpeted and light-filled sixth bedroom is split across two tiers and is the ultimate multi-generational (or teenager's) hub, comprising of a retreat area and double doors leading out to its own intimate balcony. Like the downstairs bathroom, the main upper-level bathroom is dominated by terrazzo flooring and has its own walk-in shower, toilet and centrally positioned bathtub.

Aside from parking within the garage and under the carport, there is also street access into a huge remote-controlled single garage-come-workshop with high ceilings and a door leading to the pool.

From this secluded spot, the majestic Yokine Regional Open Space is only walking distance away, with bus stops, Coolbinia Primary School, Mount Lawley Senior High School, wonderful community sporting facilities, Alexander Park Tennis Club and Flinders Square shopping centre are within arm's reach, too. The likes of premium golf courses, other top schools and public-transport options, the Edith Cowan University Mount Lawley Campus, cafes, restaurants, the surrounding entertainment precincts of Mount Lawley, North Perth, Mount Hawthorn, Leederville and Northbridge, the city, the freeway and even our pristine Western Australian coastline are also nearby and merely add to the convenience of this exquisite family-friendly locale.

Whether you're drawn to the sweeping spaces or the unique architectural touches, this special home promises a one-of-a-kind living experience filled with history, style and multiple possibilities for your family. Embrace its history, enhance the elegance and start creating memories that will last a lifetime!

Features:

Freshly painted, internally and externally

Connecting balconies, making entertaining easy

Massive formal and casual living/eating spaces

Home office

Generous bedroom sizes

Swimming pool

Recently sanded & polished Jarrah floorboards downstairs

High ceilings

Impeccable Art Deco attention-to-detail throughout

Feature windows, ceilings, cornices, ceiling-roses, skirting boards and light fittings

Large under-stair storeroom

Built-in foyer and hallway storage

New sheers throughout ground floor

Large rear storeroom

Remote-controlled single lock-up garage with a new roller door and internal shopper's entry, via the laundry

Additional single carport – with a side-access gate leading to the backyard and pool area

Huge 1,186sqm block in a quiet, safe and low-traffic area

Bore reticulation

Built in 1956

First time offered in 37 years

Listing description written by Sinead Gliddon, HKY Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Floorboards
  • Living Areas: 4
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.