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WA › Coodanup › Ironstone Ln

23 Ironstone Ln, Coodanup WA 6210

For saleHouse for Sale

$749,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

224 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,000(Listing record · 27 Aug 2026)
  • CalculationAsk is 7% above the Coodanup median recorded sale ($700,000, n=54, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Coodanup's advertised median rent ($567/wk), implied gross yield would be 3.94% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$749,000

Asking · $3,344/m² of land

No recorded sale for this property.

Coodanup at a glance

5,190

People

$700,000

Median sale

$567/wk

Median rent

4.21%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Coodanup report →

Vs Coodanup

+7.0%

Median sale

Suburb $700,000

-0.27 pp

Gross yield

Suburb 4.21%

Suburb median $700,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$749,000
Stamp Duty (Western Australia)
$29,689
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$782,614

$33,614 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Coodanup's advertised median rent — not a rent for this listing.

Net yield
2.44%
Annual cashflow (pre-tax)
$-20,699
Interest cover (DSCR)
0.47
Annual rent
$29,484
Operating expenses
$11,235
Loan amount
$599,200
Annual interest
$38,948
Gross yield
3.94%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$749,000available27 Aug 2026

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 224 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 $567/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

Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 224 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

Coodanup in one glance

Coodanup at a glance

5,190

People

$700,000

Median sale

$567/wk

Median rent

4.21%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Coodanup report →

Keep researching

  • Why Coodanup? Read the area thesis →
  • What else is on the market in Coodanup →
  • Other records on Ironstone Ln →

Listing material

Listed by Acton | Belle Property Mandurah

Modern comfort, easy living & room for the family.

A great family home should make everyday life feel easy-a place where there's room to come together, space to unwind and weekends can be spent enjoying life rather than maintaining it.

I'm Abhishek Deesawala from Acton Belle Property Mandurah, and it's my pleasure to present this beautifully maintained four-bedroom residence, offering modern comfort, practical living and an easy-care lifestyle in a peaceful setting surrounded by contemporary homes and open spaces.

From the moment you step inside, the fresh neutral colour palette creates a welcoming sense of light and space. Thoughtfully designed for modern family living, the open-plan living and dining area forms the heart of the home, providing a comfortable setting for everything from relaxed family evenings to entertaining friends.

Read the full description

Positioned at the rear, the contemporary kitchen connects effortlessly with the main living space and offers generous bench space, quality appliances and practical storage-making everyday cooking and entertaining simple.

The master bedroom provides a peaceful retreat, complete with a built-in robe and its own private courtyard, creating a lovely space to enjoy your morning coffee or simply unwind at the end of the day. The additional bedrooms provide excellent flexibility for children, guests or a dedicated home office.

Split-system air conditioning ensures year-round comfort, while the home's low-maintenance design makes it an excellent option for busy families, professionals, downsizers or investors seeking a practical property without the upkeep.

Step outside and discover an easy-care paved outdoor area where you can entertain, relax or create your own private outdoor retreat. With minimal gardening required, your weekends are yours to enjoy.

The double remote-controlled garage provides secure parking and additional space, with convenient access through to the paved yard adding another layer of practicality.

Features You'll Love

• Spacious four-bedroom family home with a practical modern layout

• Master bedroom with built-in robe and private courtyard

• Light-filled open-plan living and dining area

• Contemporary kitchen with generous bench space and quality appliances

• Split-system air conditioning for year-round comfort

• Double remote garage with convenient access to the paved yard

• Low-maintenance outdoor living ideal for busy lifestyles

Perfectly positioned close to schools, local shopping, parks and public transport, the home offers everyday convenience while keeping you within easy reach of Mandurah's vibrant city centre, beautiful waterways and stunning coastline.

Whether you're searching for a comfortable family home, a low-maintenance lifestyle or a smart investment opportunity, this property offers the flexibility and convenience to suit your next chapter.

Contact Abhishek Deesawala on 0425 232 262 today to arrange your private inspection and experience this wonderful home for yourself.

Selling Property with Personality.

INFORMATION DISCLAIMER:

This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property. Some photos may contain virtual staging.

Listing description written by Abhishek Deesawala, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.

Districts

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

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