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WA › Coolbellup › Romeo Rd

37A Romeo Rd, Coolbellup WA 6163

For saleHouse for Sale

$839,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

412 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $839,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $839,000(Listing record · 19 Aug 2026)
  • CalculationLand 412 m² against a 85 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 13% below the Coolbellup median recorded sale ($967,500, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Coolbellup's advertised median rent ($609/wk), implied gross yield would be 3.77% — 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

$839,000

Asking · $2,036/m² of land

No recorded sale for this property.

Coolbellup at a glance

6,668

People

$967,500

Median sale

$609/wk

Median rent

3.27%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Coolbellup report →

Vs Coolbellup

-13.3%

Median sale

Suburb $967,500

+0.50 pp

Gross yield

Suburb 3.27%

Suburb median $967,500 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$839,000
Stamp Duty (Western Australia)
$34,324
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
$877,249

$38,249 on top of the price (4.6% 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 Coolbellup's advertised median rent — not a rent for this listing.

Net yield
2.27%
Annual cashflow (pre-tax)
$-24,545
Interest cover (DSCR)
0.44
Annual rent
$31,668
Operating expenses
$12,585
Loan amount
$671,200
Annual interest
$43,628
Gross yield
3.77%

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$839,000available19 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 412 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 $609/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 3.8%. 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 412 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

Coolbellup in one glance

Coolbellup at a glance

6,668

People

$967,500

Median sale

$609/wk

Median rent

3.27%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Coolbellup report →

Keep researching

  • Why Coolbellup? Read the area thesis →
  • What else is on the market in Coolbellup →
  • Other records on Romeo Rd →

Listing material

Listed by Heart Real Estate

Cute, Cosy and Wonderfully Comfortable!

Behind a gorgeous white picket fence lies this delightfully quaint 3-bedroom 1 bathroom street-front duplex half that proves some classics simply get better with age.

Oozing charm, character and personality, it has been stylishly updated where it counts while retaining the warmth and soul that have helped it stand the test of time.

Step outside and there's even more to love, with generous garden space providing plenty of room to entertain, unwind, potter about or simply soak up the sunshine in peace.

Read the full description

Three separate gates secure the mature front yard, its low-maintenance artificial turf and a tranquil elevated deck and entry verandah from where you can sit back, relax and absorb the splendid birdsong melody on show.

Inside, solid original polished wooden Jarrah floorboards help preserve the property's nostalgia of yesteryear, with a large front living room making an instant first impression – graced by feature down lights and a reverse-cycle cassette air-conditioner.

The adjacent open-plan dining and kitchen area comprises of easy-care flooring, double sinks, a storage pantry, a stainless-steel range hood, a new gas cooktop and an under-bench Solt oven.

All three bedrooms boast their own split-system air-conditioners for climate control, inclusive of a spacious front master – also comprising of a feature ceiling fan/light. A generous central second bedroom has its own ceiling fan, whilst the third bedroom is also large in size.

The renovated rear laundry features over-head and under-bench storage cupboards, subway-tile splashbacks and access into a modernised bathroom with a shower, vanity, under-bench storage, a toilet and heat lamps.

Off the laundry, a huge, paved back patio area encourages private outdoor entertaining, with a separate under-cover gazebo – with a fan and benches – adding extra appeal.

Two tranquil water features help set the mood within a spacious backyard setting with lawn and a paved corner courtyard that is ideal for a bubbling future spa, if you are that way inclined.

Out front, there is extra driveway and verge parking space, preceding the single lock-up carport.

Bus stops (including one virtually at your doorstep), playgrounds and the sprawling Len Packham Reserve playing fields are within easy walking distance, as are The Coolbellup Community School, Coolbellup Library, Coolbellup Shopping Centre, cafes, restaurants and the local Woolworths supermarket.

The upgraded Kardinya Park Shopping Centre, the North Lake Senior Campus, Fiona Stanley Hospital, the St John of God Murdoch Hospital and Murdoch University are all within a short drive too, with effortless access to the freeway simply an added bonus.

Other nearby schools include Seton Catholic College, Kennedy Baptist College and the Perth Waldorf School, with Murdoch Train Station, the Bibra Lake Wetlands, the magnificent Port Coogee Marina development, glorious swimming beaches and the buzzing Fremantle cappuccino strip and town centre also close by for the utmost in living convenience.

Cute, cosy and wonderfully comfortable, this is timeless living with a fresh little twist — and plenty of backyard bliss thrown in!

Other features include, but are not limited to:

• Freshly painted throughout

• Feature skirting boards

• Security doors and screens

• Instantaneous gas hot-water system

• Low-maintenance reticulated gardens

• Side garden shed

• 85sqm (approx.) of living area

• 412sqm (approx.) block size

• No Strata fees

This one is a hug is house form. Heartwarming happiness awaits you, here!

For more information or to arrange a viewing, please contact Tony Coyles on 0414 988 859

Listing description written by Tony Coyles, Heart Real Estate — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • 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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