Coodanup at a glance
5,190
People
$700,000
Median sale
$567/wk
Median rent
4.21%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
$855,000
Last sold
28 May 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
1,012 m²
Land
91 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
$855,000
28 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Coodanup (last 5 years) with land size have a median of $1,203/m² of land (n=132). Districts calculation from recorded sales — not a valuation.
Coodanup at a glance
5,190
People
$700,000
Median sale
$567/wk
Median rent
4.21%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Vs Coodanup
+22.1%
Median sale
Suburb $700,000
-0.76 pp
Gross yield
Suburb 4.21%
Suburb median $700,000 from 54 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 1,012 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 $567/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 1,012 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
Coodanup at a glance
5,190
People
$700,000
Median sale
$567/wk
Median rent
4.21%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts MandurahNicole Hindmarsh is proud to present 52 Peel Parade Coodanup Mandurah to the market - an opportunity rarely found and impossible to ignore.
Positioned directly opposite the sparkling waters of the Peel-Harvey Estuary, this two-storey home sits proudly on one of the area's most tightly held waterfront strips. The location? Absolutely blue-chip. The house? Let's just say… it needs love.
With broken windows and holes in the walls courtesy of departing tenants, this property has certainly earned its reputation as the "worst house on the best street." But for the savvy buyer, renovator, or developer, that's exactly where the magic lies.
Imagine restoring the expansive glass sliding door and stepping out onto your balcony to the stunning water views, sea breezes, and golden sunsets. Picture afternoons watching families swim and crab in the estuary, right across the road. The lifestyle on offer here is exceptional - and the upside is enormous.
Set on an R20 zoned block, the options are equally exciting:
• Retain the home and subdivide at the rear, build a second house or a granny flat
• Remove the existing dwelling and create two prime waterfront lots
(Subject to local council and WAPC approvals.)
Adding even more value, the City of Mandurah has invested approximately $2.5 million upgrading the neighbouring Coodanup Foreshore, with new trails, viewing decks, playgrounds, shelters, seating, and enhanced bird hides protecting 4 migratory species.
Love life on the water? You're spoiled for choice here. With multiple nearby boat ramps, you can head out to the Peel Harvey Estuary, cruise the Serpentine or Murray Rivers, or venture offshore for deep-sea fishing in the Indian Ocean - all just minutes from your doorstep.
And the best part? You don't even need a boat to enjoy a fresh seafood dinner. Simply walk across the road and scoop up Mandurah's famous Blue Manna crabs straight from the estuary (in season and subject to local fisheries regulations). On Wednesday evenings, you'll often spot local net fishers bringing in yellowfin whiting, bream, cobbler, mullet and even the occasional blowfish - a true glimpse of authentic coastal living. With a recreational fishing licence, you can join in too.
Take the dog for a waterfront stroll along the estuary toward the Serpentine River and nearby boat ramps, or wander to the John Street protected bird sanctuary - a breathtaking reserve where the estuary meets the river.
Despite the peaceful, holiday-like setting, you're only 5-10 minutes from Mandurah's town centre, Marina, Foreshore precinct, shopping centres, public and private schools including Mandurah Catholic College, Peel Health Campus, medical facilities, and Mandurah's stunning surf beaches.
Crabbing, fishing, boating, jet skiing, windsurfing, kayaking and endless scenic pathways - it's all right here. It's no wonder this tightly held pocket is highly sought after by both locals and holidaymakers alike.
Additional features of this property:
- Side access for parking the boat, caravan and trailer
- 3.2m x 5.2m shed
- Established fruit trees, the best oranges, mulberry tree and fig trees
- Jarrah staircase with under-stair storage
- Brick home downstairs with timber frame upstairs
- This home is being sold As Is
Location is everything - and this one is undeniable.
Roll up your sleeves, unlock the potential, and reap the rewards.
Opportunities like this don't wait. If you are looking for an entry point waterfront home, or if you wish to discuss the sales process of this property, contact the area specialist Nicole Hindmarsh today 041 581 5156.
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information
Listing description written by Nicole Hindmarsh, Harcourts Mandurah — reproduced as published, not verified by Districts.