Coogee at a glance
6,301
People
$1,520,000
Median sale
$722/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
$1,475,000
Last sold
7 June 2024
5
Bedrooms
3
Bathrooms
4
Car spaces
729 m²
Land
468 m²
Building
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
$1,475,000
7 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Coogee (last 5 years) with land size have a median of $2,364/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Coogee at a glance
6,301
People
$1,520,000
Median sale
$722/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Coogee
-3.0%
Median sale
Suburb $1,520,000
+0.08 pp
Gross yield
Suburb 2.47%
Suburb median $1,520,000 from 36 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 729 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 $722/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 729 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
Coogee at a glance
6,301
People
$1,520,000
Median sale
$722/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthSure to meet the needs one can expect in a coastal Coogee home, 5 Korel Place sits amidst an elevated and quiet cul de sac, offering a glorious ocean vista from your top level.
With a super versatile floor plan, you can be sure to look after the entire family whilst remaining under one roof.
5 bedrooms and 3 bathrooms will accommodate each of you and are highlighted by various living wings that provide your own expansive sense of space, underpinned by central living zones that bring you all together.
Embrace coastal luxury and multi-generational living with clever separate access to a large bedroom, private ensuite with disability hand railing, and living room with kitchenette, which is so versatile it is ideal for a parent, a teenage child, an overseas visitor or as an added income stream.
Attributes include, but are not limited to:
• Spacious primary bedroom
• Luxurious ensuite with freestanding bath, dual vanities, and ample storage
• Chef's kitchen equipped with Bosch appliances, island bench, and bay window
• Multiple living areas including a sunken family room, lounge, and dining room
• Home office for remote work convenience
• Expansive alfresco/free standing gazebo plus multiple patio areas for outdoor entertaining
• Solar panels
• Security camera system
• LED lighting
• Floor to ceiling tiling
• Well apportioned entry foyer
• Reverse cycle air-conditioning
• Secure double garage with additional covered parking via automated secure gate for a boat or caravan, or 2 extra cars instead
• Relaxing retreat zone with balcony overlooking the ocean
• Bedrooms two, three, and four with shared bathroom featuring a spa bath
Approximate Distances:
• Just 2kms to Coogee Beach & Coogee Common Restaurant
• Conveniently located 8.8kms to Fremantle and Kwinana Freeway
Experience the epitome of coastal living combined with the flexibility of multi-generational accommodations. Don't miss this opportunity to make 5 Korel Place your new home!
Property Synopsis:
- Sprawling land area of 729 sqm
- Approx 468sqm of total covered area
- Gabled gazebo
- Flat colourbond patio
- Approx. water rates $1750 p.a.
- Approx. council rates $2600 p.a.
Contact Team Trolio for a rental estimate, viewing arrangements and as always, we welcome your enquiry and immediate extend a conjunctional invitation to all real estate agents.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Team Trolio, The Agency Perth — reproduced as published, not verified by Districts.