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WA › Madora Bay › Cornwallis Rd

33 Cornwallis Rd, Madora Bay WA 6210

For saleHouse for Sale

$799,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

845 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 · 17 Jan 2025)
  • FactLand 845 m²; no building size recorded.(Property record)
  • CalculationAsk is 17% below the Madora Bay median recorded sale ($965,000, n=87, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Madora Bay's advertised median rent ($661/wk), implied gross yield would be 4.30% — 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

$799,000

Asking · $946/m² of land

No recorded sale for this property.

Madora Bay at a glance

6,009

People

$965,000

Median sale

$661/wk

Median rent

3.56%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Madora Bay report →

Vs Madora Bay

-17.2%

Median sale

Suburb $965,000

+0.74 pp

Gross yield

Suburb 3.56%

Suburb median $965,000 from 87 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 Madora Bay's advertised median rent — not a rent for this listing.

Net yield
2.80%
Annual cashflow (pre-tax)
$-19,161
Interest cover (DSCR)
0.54
Annual rent
$34,372
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
4.30%

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$799,000available17 Jan 2025

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 845 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 $661/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 4.3%. 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 845 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

Madora Bay in one glance

Madora Bay at a glance

6,009

People

$965,000

Median sale

$661/wk

Median rent

3.56%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Madora Bay report →

Keep researching

  • Why Madora Bay? Read the area thesis →
  • What else is on the market in Madora Bay →
  • Other records on Cornwallis Rd →

Listing material

Listed by Powered by Smile Elite WA

Prime 845 sqm Corner Block – A Stone's Throw from the Beach!

Nestled just one street from the pristine sands of Madora Bay Beach, this immaculate four/ Five bedroom family home is perfectly positioned on a spacious 845 sqm corner block. Designed with comfort and convenience in mind, the property has been freshly painted and boasts a large, modern layout ideal for family living. Inside, you'll find a beautifully renovated bathroom and ensuite with generously sized living areas that flow seamlessly to the expansive outdoor alfresco—perfect for entertaining or relaxing with loved ones.

The property also offers the potential for side access, providing ample space for boats, caravans, or extra parking. With room for a pool, the potential to create your own outdoor oasis is endless. The double carport with a garage door offers secure parking and additional storage options, adding further appeal to this well-rounded home. Whether you're seeking proximity to the beach or the ideal family home with plenty of room to grow, this property delivers on all fronts.

rounded home. Whether you're seeking proximity to the beach or the ideal family home with plenty of room to grow, this property delivers on all fronts.

Read the full description

Features:

* Large 845sqm corner block

* One street back from pristine beaches

* Large 4/5 bedroom family home

* Separate study

* Front lounge and activity area

* Spacious kitchen and dining area

* Freshly painted

* Gas Bayonet

* Side access for boats and caravans

* Bore reticulation

* Shutters to the front of the property

* Huge alfresco for outdoor entertaining

* Bore reticulation

* Room for a pool or large shed

Nearby Attractions and Local Amenities:

- Beaches and Recreation: Stroll to beautiful beaches for swimming, surfing, boating, or fishing. A nearby tennis court provides extra recreation. You will be minutes away from the proposed Madora Bay North Marina. This development will be the home of the new Surf Life Saving Club, café, shops, and eateries

- Convenient Local Destinations: Walk to the Madora Bay Tavern for a cold drink, counter meal, or a refreshing ice cream

- Schools Nearby: Local and within walking distance, Madora Bay Primary School and 2025 St Marcellin Catholic College, and within a short driving distance, Lakelands Public Primary School, Coastal Lakes Public High School, Singleton Public Primary School, and Mandurah Baptist Private School

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

Listing description written by Denise Lewis, Powered by Smile Elite WA — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Study
  • Toilets: 2
Districts

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

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