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WA › Wannanup › Cormorant Key

24 Cormorant Key, Wannanup WA 6210

House

$3,240,000

Last sold

14 Apr 2026

4

Bedrooms

5

Bathrooms

2

Car spaces

686 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $3,240,000 (14 Apr 2026).(Recorded sale)
  • FactLand 686 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wannanup (last 5 years) with land size: median $1,790/m² of land (n=85). 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

$3,240,000

14 Apr 2026 · derived via latest_sale

Local land rate: recorded House sales in Wannanup (last 5 years) with land size have a median of $1,790/m² of land (n=85). Districts calculation from recorded sales — not a valuation.

Wannanup at a glance

4,843

People

$950,000

Median sale

$624/wk

Median rent

3.42%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Wannanup report →

Vs Wannanup

+241.1%

Median sale

Suburb $950,000

-2.42 pp

Gross yield

Suburb 3.42%

Suburb median $950,000 from 65 recorded sales (last 12 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$3,240,00014 Apr 2026
  2. Listedprice unknowncompleted2 Feb 2026
  3. Listedprice unknowncompleted2 Feb 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 686 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 $624/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 686 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

Wannanup in one glance

Wannanup at a glance

4,843

People

$950,000

Median sale

$624/wk

Median rent

3.42%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Wannanup report →

Keep researching

  • Why Wannanup? Read the area thesis →
  • What else is on the market in Wannanup →
  • Other records on Cormorant Key →

Listing material

Listed by William Porteous Properties International

UNDER OFFER BY GIOVANNI NOTTE

Life Between Two Canals

Enviably nestled at the end of a whisper-quiet cul-de-sac and poised right on the shimmering estuary's edge, this quality modern 4 bedroom 5 bathroom tri-level home with a floating jetty serves up the best of both worlds with effortless style.

It's all about serene, family-friendly seclusion on one side - and uninterrupted water breezes and postcard-worthy views on the other. Designed for easy living and elevated entertaining, it's a lifestyle address that blends tranquillity with daily inspiration - and delivers it all in one irresistible package.

Read the full description

Bathed in natural light and framed by sweeping vistas that stretch unbroken from Middle Harbour all the way to Bantry Bay, this magnificent residence offers a lifestyle defined by contemporary comfort and effortless sophistication. Spread across three generous levels, it blends function and finesse with ease, the ground floor anchored by a spacious open-plan living, dining and kitchen domain that spills seamlessly onto a large covered alfresco terrace and sun-kissed plunge pool - an idyllic setting for entertaining or unwinding with family.

Upstairs, three additional bedrooms - including a versatile study-cum-fourth bedroom - are complemented by two beautifully-appointed bathrooms, ensuring privacy and practicality for everyday living. The expansive master retreat crowns the upper level, indulging parents with uninterrupted views across the Harvey Estuary, a private ensuite and a generous walk-in robe - a serene sanctuary designed for peace and rejuvenation. Wrapped in floor-to-ceiling glass, the home captures its breathtaking panorama from nearly every angle, celebrating light, luxury and the beauty of its surrounds.

Italian limestone graces the floors and walls, while Italian tiles makes a striking statement throughout the kitchen splashbacks, island, vanities and butler's pantry, elevating each space with refined modern glamour.

Recently built and meticulously crafted, this extraordinary abode showcases high ceilings, premium finishes and a prized north-west rear aspect that bathes the interiors in warmth. Cradled within the sparkling Port Bouvard Marina and the sweeping Peel-Harvey Estuary, the dream canal-front haven hands you a front-row seat to daily marine magic - from glassy dawn reflections to spectacular, colour-soaked sunsets. Launch straight into a lifestyle of play with kayaking, paddleboarding, fishing and every water sport your heart desires.

Sip your morning coffee as boats glide effortlessly past, then explore Mandurah's best by water or land - the Dawesville Channel, Collins Pool, the buzzing foreshore and even beautiful Avalon Beach all at your fingertips. A life of leisure this exclusive is reserved for the lucky few…and what a location to call your own!

Features

• Stunning water views to the estuary and reserve

• Quality floor tiles downstairs

• New York bench tops throughout

• Lower-level media room with its own (5th) bathroom, covered patio and boardwalk access

• Main-level double-door entry foyer with storage, an Italian lift, a cellar and a 4th bathroom

• Spacious open-plan sitting, dining and kitchen area on the main floor - with a breakfast bar, dishwasher, stainless-steel double ovens, stainless-steel range-hood and gas-cooktop appliances, double sinks, a water-filter tap, sink-instant hot water, pantry storage and more

• Huge separate living/family room - with a feature gas fireplace, access to the waterfront terrace and double-door access to the open-plan sitting area

• Outdoor alfresco entertaining flowing off open-plan living on the main level, overlooking the sun-drenched plunge pool

• Functional laundry - also on the main level

• Generous upper-level sleeping quarters - boasting a central retreat for relaxing and unwinding

• Fade-proof wool carpets in the bedrooms (and 4th bedroom/study) and retreat

• A massive master-bedroom suite with a walk-in wardrobe, ceiling fan and a large fully-tiled ensuite - walk-in shower, free-standing bathtub, separate toilet, twin-vanity basins and all

• Second and third bedroom suites with their own walk-in robes, estuary views and ensuites - each comprising of showers, toilets and vanities like the other spare bathrooms

• Versatile 4th bedroom - or study - on the top floor, adjacent to a linen press

• Under-stair storage

• Solar-power panels

• Ducted air-conditioning

• Whole-house water filtration

• CCTV security cameras

• Feature skirting boards

• Easy-care lawns and gardens

• Over-sized double lock-up garage with a side storage area, a storeroom and internal shopper's entry

• Extra off-street parking

• Floating jetty

• An amazing 559sqm of total indoor and outdoor living space

• 686sqm block

OUTGOINGS (APPROX)

COUNCIL RATES: 2,900.00 PA

WATER RATES: 1,603.19 PA

Listing description written by Giovanni Notte, William Porteous Properties International — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.