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24 Peel Parade, Coodanup WA 6210

Offers From $799,000

Search Band Search Visibility Band

$750k - $800k High Confidence Calculated based on strong search observations.

House 2 Beds 1 Bath 1 Car 1012 m² 64 m²

Listed: 50 days ago

Updated: yesterday

Overview

This waterfront property offers a unique opportunity for lifestyle and investment, situated directly opposite the serene Peel-Harvey Estuary. The expansive 1,012 square meter land parcel features a substantial 20.12 metre frontage, providing direct estuary views and excellent potential for subdivision, subject to approvals.

The existing home is a charming 1960s cottage with retro 1950s cabinetry in the kitchen and a layout that takes advantage of the surrounding water vistas. It includes two well-sized bedrooms with pleasing views of the adjacent parkland and estuary, alongside a bathroom with traditional fixtures like a cast-iron bath.

Living spaces flow from a sheltered verandah into a comfortable lounge area, ideal for quietly appreciating the natural environment. The kitchen and dining zone are complemented by air conditioning, adding to the home's comfort. Practical utility spaces at the rear include a laundry and storeroom previously used as a sleepout, offering flexibility for a third bedroom or additional accommodation following necessary upgrades.

The outdoor area is significant, with an expansive backyard that houses mature lemon, orange, plum, and fig trees, alongside ample lawn space for various activities. The existing garage and side access create opportunities for further development such as workshops or additional parking.

Location is a core feature of this property. Being directly opposite the estuary reserve means immediate access to walking trails, picnic areas, playgrounds, and boat ramps. Outdoor enthusiasts will appreciate the proximity to activities like crabbing, kayaking, and fishing. The Giant Yaburgurt Cirkelstone landmark, visible from the property, adds a distinct local character to the setting.

Whether as a rewarding renovation project, a prime development parcel, or a tranquil coastal retreat, this property caters to those seeking a blend of waterfront living and long-term potential. It is ideally suited for buyers with vision who want to capitalize on its unique lifestyle advantages and significant land size.

Local Market Insights

In Coodanup, Quiet Listings observed 161 new houses entering the market over the last 30 days, up from 129 during the previous 30-day period, with an average advertised asking price of $1,020,466. The property type mix of listed properties is predominantly Houses at 74%, followed by land (9%), and units (5%). The most active agency for houses in the Coodanup area is currently Harcourts, representing 27% of new listings, followed by Belle Property with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.