Cooloongup at a glance
7,180
People
$752,000
Median sale
$575/wk
Median rent
3.98%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
WA › Cooloongup › Wooramel Way
$590,000
Last sold
13 May 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
680 m²
Land
128 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$590,000
13 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Cooloongup (last 5 years) with land size have a median of $999/m² of land (n=120). Districts calculation from recorded sales — not a valuation.
Cooloongup at a glance
7,180
People
$752,000
Median sale
$575/wk
Median rent
3.98%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Cooloongup
-21.5%
Median sale
Suburb $752,000
+1.09 pp
Gross yield
Suburb 3.98%
Suburb median $752,000 from 55 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 680 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $575/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 680 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cooloongup at a glance
7,180
People
$752,000
Median sale
$575/wk
Median rent
3.98%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome to this quality four-bedroom, two-bathroom home which comprises of large living spaces, substantial bedrooms, an impressive undercover patio, and a spread-out backyard. Within walking distance to schools and parks, and not too far from Rockingham Central & Rockingham Train Station, you are situated in reach of all that you need to start life in your new home. Currently vacant, the home presents a great opportunity to move in to your first home or new home, or start an investment - with an estimated rental yield of 5.17%! There is lots of space to enjoy with this new home, whether you are looking for your own place, or grow your family - come and have a look today!
Property Highlights:
- Four-bedroom, two-bathroom property
- Approx. 680 square meters land size
- Approx. 128 square meters built size
- Built in 1989
- Brick and tile build
- Split system air conditioning
- Single carport with secure roller door
- Roller shutters to front windows
- Walk in robe to main bedroom
- Large undercover patio
- Rear yard of approx. 140m2
- Garden shed to rear yard
- Private ensuite to main bedroom
Investor Summary:
- This property is currently vacant, and ready for immediate occupation or leasing
- Market rent for 29 Wooramel Way is approximately $575 per week
- With a purchase price of $580,000 and market rent, the estimated rental yield for this property is 5.17%
- HouseSmart Real Estate is highly active in Cooloongup and the surrounding areas, and can provide high-quality property management services from settlement and beyond.
Coming up to this property it is evident to see the generous land size that this property holds, with a large front yard including a green lawn and tree providing shade, driveway with space to two cars to park, and roller door leading on through to the carport. There is a massive 680 square meters of land size altogether, including approx. 128 square meters built size for the home. Originally built in 1989, the home has had a few additions since the original built including now featuring split-system air conditioning, downlights to the living area, and some new colourbond fencing.
To the inside of the home, you will find the living space which exudes comfort with the inclusion of carpet, plenty of light through the large front window, and a wall light adding to the ambience. The kitchen and dining areas can be easily accessed from this living area for easy flow-through from each area.
The kitchen and dining both feature tiling which makes it easy to clean. The dining area is a generous size and has a sliding door which allows light in but also provides access to the rear yard. There is room in this dining area for a table and chairs plus study area or activity area in front of the kitchen where you can keep a close eye on the going-ons. There is a split system air conditioner in this area that creates a nice breeze.
The kitchen has a large window so that you can look out over the rear yard area. There is a wide stainless steel cabinet, built-in pantry, plenty of cabinetry for storage, and gas hotplates that make for great cooking! There is also a built-in oven and microwave space.
The bedrooms are all a good size. There is shelving to some/built-in areas for storage. The main bedroom is the largest and features it's own private ensuite with vanity, toilet and shower. The main bathroom has both a shower plus bath.
To the exterior of the home, there is an undercover patio under which you can enjoy your life outdoors - a BBQ area, outdoor table and chairs or activity area would go well here! The patio looks out over the grass/lawn. If you have a dog or pets, this is perfect for them to play! There is also a shed for storage, so you can start a garden area, or work on your car or just simply store your extra goods! There is bore water to the property for your watering needs.
Just down the end of the road from this property you have Hourglass Reserve, which serves as an excersize and play space, complete with a playground, oval, running track, and sports centre. There is a SUPA IGA only 1.1km away - approx. 14 minute's walk - and as for schools, East Waikiki Primary School is around 1.9km / 17 mins walk away, and Cooloongup Primary School at approx. 1.8km/24 mins away. Also nearby is Rockingham Shopping Centre at around 7 mins drive which has a cinema, Kmart, Target, Woolworths, and more. There is also a bus stop nearby the home that takes you to Rockingham Station - alternatively it is less than approx. half an hour's walk, or only around 5 minute's drive!
There is lots to love about this property's location, but even more to love about the home itself. With a great size to both the interior and exterior of the home, it is perfect for those who are looking to buy a new home for their family, first home for themselves, investment property or just find something different with enough space to actually enjoy. Whatever you are looking for - this could be the home for you!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.
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