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WA › Coodanup › Peel Pde

24 Peel Pde, Coodanup WA 6210

For saleHouse for Sale

$799,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

1,012 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $799,000(Listing record · 24 Aug 2026)
  • CalculationLand 1,012 m² against a 64 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 14% 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 3.69% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$799,000

Asking · $790/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

+14.1%

Median sale

Suburb $700,000

-0.52 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
$799,000
Stamp Duty (Western Australia)
$32,264
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
$835,189

$36,189 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
2.19%
Annual cashflow (pre-tax)
$-24,049
Interest cover (DSCR)
0.42
Annual rent
$29,484
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
3.69%

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$799,000available24 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 1,012 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 3.7%. 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 1,012 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 Peel Pde →

Listing material

Listed by H&N Perry

WATERFRONT LIVING MEETS INVESTMENT POTENTIAL

Discover the ultimate coastal escape, perfectly positioned directly opposite the tranquil Peel-Harvey Estuary. Spend your days crabbing, fishing or kayaking, or simply enjoy the ever-changing scenery, from sparkling waters to views towards the Darling Scarp. All just moments from one of Mandurah's iconic Giants.

Set on a generous 1,012m2 subdividable block with an impressive 20.12 metre frontage, directly facing the waterfront Estuary Reserve, this property offers an outstanding combination of lifestyle, character and future potential.

The original 1960s cottage has recently become vacant following a long-term tenancy and is being offered for sale on an "As Is, Where Is" basis. While the home is liveable, it does require work, presenting an exciting opportunity for buyers with vision. Renovate and embrace its retro character, create your dream waterfront residence, or explore the potential to subdivide and create two lots, subject to the relevant approvals.

Read the full description

The home is entered via a front verandah and entertaining area, leading into a cosy living room with picturesque views across the reserve towards the estuary. The generously sized master bedroom is positioned to one side, while a second spacious bedroom is accessed from the kitchen. Both bedrooms enjoy outlooks across the surrounding parkland and towards the water.

Flowing from the living area is a spacious kitchen and dining zone with air conditioning. The original kitchen retains its distinctive 1950s style cabinetry, while the nearby bathroom features a traditional cast-iron bath and separate shower. At the rear of the home, a laundry and utility area connect to a separate storeroom, previously used as a sleepout and offering potential for a flexible third bedroom or additional accommodation, subject to any required upgrades and compliance.

Outside, a pergola, requiring some attention, opens onto the expansive backyard, complete with established lemon, orange, plum and fig trees, along with plenty of lawn space. An older garage provides parking, while excellent side access creates further potential for a large workshop, additional parking or whatever you envision for this substantial block.

The location is truly the standout feature. Positioned directly opposite the estuary foreshore, you will enjoy immediate access to walking trails, picnic areas, playgrounds and nearby boat ramps. This is a premier location for crabbing, shallow-water fishing and kayaking, all virtually on your doorstep.

You will also appreciate being just moments from the renowned Giant Yaburgurt Cirkelstone, which can be seen from the property across the road.

Whether you are searching for a peaceful waterfront lifestyle, a rewarding renovation project, a potential development opportunity or a property with appeal for the short-stay market, this is a rare chance to secure a substantial piece of land in an exceptional estuary-front location.

Bring your vision and unlock the enormous potential of this unique waterfront opportunity.

Contact Exclusive Agent Barry Mitting today to arrange your inspection.

Listing description written by Barry Mitting, H&N Perry — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Pet-Friendly
  • Toilets: 1
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.