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Lot 691 Oldfield Lane, Frasers

Landings Blvd, Coodanup WA 6210, Australia

Sold

$818,000

Property Description

Located approximately 70 kilometres south of Perth's CBD in the Peel Region, Coodanup is a mature residential suburb positioned


between Mandurah and Rockingham. The area attracts a mixed demographic with a median age of 48 years and average household


size of 2.2 persons, reflecting an established community of families and empty-nesters. With median household income of $43,940


annually, residents typically work in trades, service industries, and regional employment sectors. The suburb sits within IRSAD decile


1, indicating relative socioeconomic disadvantage. Coodanup benefits from proximity to Mandurah's medical facilities and shopping


precincts, though it remains primarily residential in character with limited local commercial anchors.


The Peel Region has attracted government infrastructure investment focused on transport connectivity and urban renewal, though


specific recent allocations to Coodanup remain limited. Investment metrics present a mixed picture: the 3.6% gross yield and strong


20.2% one-year price growth favour capital appreciation, though the RCS cashflow score of 75.0 indicates reasonable rental demand.


Vacancy remains tight at 1.4% with minimal stock turnover at 0.4%, suggesting limited buyer competition. The 10-year growth of 9.4%


demonstrates steady but moderate appreciation. This profile suits investors prioritising capital growth over immediate cashflow returns,


particularly those with medium-term holding horizons seeking regional market exposure outside metropolitan Perth proper.

Contact Agent

+61 401 878 744

Property Details

Property Type

Family Homes

Bedrooms

4

Bathrooms

2

Property Location

Landings Blvd, Coodanup WA 6210, Australia

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