Waroona at a glance
3,130
People
$655,000
Median sale
$550/wk
Median rent
4.37%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
WA › Waroona › Paterson Rd
$790,000
Last sold
5 May 2026
1
Bedrooms
1
Bathrooms
0
Car spaces
6,717.782 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
$790,000
5 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Waroona (last 5 years) with land size have a median of $547/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Waroona at a glance
3,130
People
$655,000
Median sale
$550/wk
Median rent
4.37%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Waroona
+20.6%
Median sale
Suburb $655,000
-0.75 pp
Gross yield
Suburb 4.37%
Suburb median $655,000 from 48 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 6,718 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 $550/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 6,718 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
Waroona at a glance
3,130
People
$655,000
Median sale
$550/wk
Median rent
4.37%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts MandurahWelcome to "Magnolia Cottage", a picture perfect retreat set on a sprawling 1.66 acres with an impressive 87.37m frontage in the heart of beautiful Waroona. With a peaceful creek running through the property, magnolia trees and a welcoming bricked entrance, this stylish 1 bedroom, 1 bathroom cottage offers the ultimate blend of country serenity and proven investment performance. Water and electricity are already connected, making this a rare, ready to enjoy, rural offering.
Filled with natural light and character, this resort style cottage immediately makes you feel as if you're on holiday. The living area showcases a charming feature arch alcove with built-in shelving, hybrid flooring, plantation shutters, downlights and two reverse cycle split system air-conditioners, ensuring year round comfort. The spacious bedroom is complemented by a modern bathroom featuring a hobless shower, vanity and toilet.
The stylish kitchen is well equipped with 600mm appliances, rangehood, dishwasher and open shelving, flowing seamlessly for entertaining through double doors to the decked outdoor area. Outdoors is where this cottage truly shines; a large gable patio, fire pit area to unwind under the stars and endless space to relax or expand your vision.
Currently operating as a profitable short term accommodation, the property presents an exciting investment opportunity with returns of $285pn weekdays, $320pn weekends and up to $450pn during public holidays and festive periods. Across approximately 10 months, gross income has reached just over $50,000 - making this not only a lifestyle purchase but a smart one too.
Whether you're seeking a peaceful weekender, retirement destination, investment or the perfect country escape with room to grow; the opportunity here is undeniable. This is country living, reimagined.
Call Chelsea Bilsborow from Harcourts Mandurah on 0434 365 260 to organise a viewing.
Features:
• "Magnolia Cottage"
• Welcoming bricked entry
• 1.66 acres
• Creek
• 87.37m frontage
• 1 bedroom, 1 bathroom cottage
• Water and electricity connected
• Living area with feature arch alcove and built-in shelving
• 2x reverse cycle split system air-conditioners
• Stylish kitchen with dishwasher, 600mm appliances, rangehood and shelving
• Spacious bedroom
• Modern bathroom with hobless shower, vanity and toilet
• Hybrid flooring
• Downlights
• Plantation shutters
• Abundance of natural light
• Bottled gas
• Instant gas hot water system
• Large gable patio
• Decked outdoor entertaining area with wide double door cottage access
• Fire pit area
• Magnolia trees
• Currently a profitable short term accommodation
• Current investment income: $285pn weekdays, $320pn weekends, $450pn public holidays and festive periods
• Gross income from April 2025 approx. $50k
• Nearby: Drakesbrook Hotel Motel (1.2km), Pinjarra Bakery (1.7km), Mitre 10 (2km), Waroona District High School (2.1km), Recreation and Aquatic Centre and Skate Park (2.1km), IGA (2.2km), The Rec Waroona Hotel (2.2km), St Josephs School (2.3km), Country Café (2.4km), Waroona Oval (2.5km), Golf Course (2.6km), Waroona Dam (approx. 9 min)
* Fencing will be relocated to boundaries prior to settlement
* Certificate of Title estimated to be issued April / May 2026
Chelsea Bilsborow
0434 365 260
chelsea.bilsborow@harcourtsmandurah.com.au
*All measurements are approximate*
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 Chelsea Bilsborow, Harcourts Mandurah — reproduced as published, not verified by Districts.