Wannanup at a glance
4,843
People
$940,000
Median sale
$624/wk
Median rent
3.45%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
WA › Wannanup › Cormorant Key
$1,180,000
Last sold
3 Nov 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
576 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,180,000
3 Nov 2023 · 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
$940,000
Median sale
$624/wk
Median rent
3.45%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Wannanup
+25.5%
Median sale
Suburb $940,000
-0.70 pp
Gross yield
Suburb 3.45%
Suburb median $940,000 from 66 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 576 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 $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.
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 576 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
Wannanup at a glance
4,843
People
$940,000
Median sale
$624/wk
Median rent
3.45%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark MandurahHOME OPEN CANCELLED - UNDER OFFER
SET DATE SALE: All offers are to be presented by 4pm Monday 16th October 2023. The seller reserves the right to accept an offer prior to the close of the set date sale.
PRICE GUIDE: Offers From $1,150,000
What to Love
Perfectly located in the Eastport Canal Precinct of Port Bouvard, approximately 1 hours' drive from Perth and 10 minutes to Mandurah’s CBD, this stunning easy maintenance, double brick, 4-bedroom, 2-bathroom canal masterpiece was architecturally designed and built by a builder in 2013 for his own family with no expense spared. Being both luxurious and extremely spacious this incredible family home offers 259sqm of internal living area with towering high vaulted and recessed ceilings, custom quality fixtures and fittings throughout, open plan living with a huge waterfront balcony, giving you breathtaking turquoise water views over the canals. The home sits proudly on a very generous 576sqm block with 16.1m of water frontage and your own 9m private jetty, under croft utility room and expansive lower deck, ready for you to launch out at any time on your favourite watercraft and explore this unique nautical paradise. Whether it be the Dawesville Channel or the protected waters of the Peel Inlet or further out to the Indian Ocean, the choices are simply amazing!
What to Know
Live your absolute best life having the space and versatility for your whole family with 4 x separate living zones including a 15m long family room and extended activity room which is framed by wall-to-wall glass sliding doors and windows encapsulating the magnificent outdoor alfresco entertaining area with solid wood panelled ceilings and direct water views.
The “West Wing” can be closed off completely to allow privacy and consists of 3 large bedrooms, separate tastefully renovated bathroom and separate toilet, ideal for guests, teenagers or the elderly and has its own central activity/lounge area. This section of the home could also be used as a granny flat.
The chef's dream kitchen is equipped with quality stone bench tops, scullery, long wide breakfast bar with waterfall edges, plenty of cupboard space, freestanding European 900mm oven & gas hotplates with rangehood. The kitchen is the heart of the home which overlooks the amazing water and canal vista.
The resort style master suite has also been meticulously renovated and includes a walk-in robe, spacious ensuite with a deep ceramic bathtub, his and hers floating vanity with engineered stone, earthy wall to ceiling 600mm tiles, separate WIR plus spacious shower recess, heat lamp and heated towel rack.
Special Features:
* World class canal views
* Huge separate home cinema room
* Master King size bedroom with walk-in robe & dressing room double floating vanities, walk in resort shower to ensuite
* Spacious 4 bedrooms, 2 bathrooms & 3 toilets
* Private West Wing with its own lounge/activity room, 3 bedrooms, bathroom, separate toilet
* Towering high ceilings throughout with feature chandeliers
* 2 x separate activity rooms
* Illusion Instant gas fireplace
* Reverse cycle ducted and zoned air conditioning
* 4 large living zones
* Massive open plan kitchen, scullery, family, meals & living with extended activity room
* Separate office/computer room
* Huge waterfront alfresco & entertaining balcony with pull down café blinds and roller shutters
* BBQ area with gas plumbing & hot and cold plumbing connections
* Oversize double garage
* Massive under croft room and expansive launching deck
* Private 9m jetty
* Solid Jarrah flooring throughout
* Outdoor shower & toilet near the under-croft area for exiting/entering your watercraft
* High clearance extra width double garage with rear door access
* Instant gas hot water
* Council rates $2933 approx.
* Water rates $1525 approx.
Who to talk to
Paul Simeone | 0409 298 987 | psimeone@realmark.com.au
Listing description written by Paul Simeone, Realmark Mandurah — reproduced as published, not verified by Districts.