Coodanup remained steady throughout December, recording moderate annual price growth alongside
lower transaction activity typical of the end of year period.
SALES
The median house price held at $624,000, unchanged month on month and up 8.6% over the past 12
months. Four house sales were recorded during December, reflecting a seasonal slowdown.
LISTINGS
Five houses were listed for sale across the month. While this marked a 66.7% monthly increase, overall
listings remain 70.6% lower than the same time last year, keeping supply tight.
LAND
Vacant land recorded a median price of $250,000, showing strong annual growth of 33%. One land sale
occurred in December, with limited availability continuing to influence this segment of the market.
SALES TIME ON MARKET
Houses sold in a median of eight days, highlighting continued urgency from buyers when properties are
priced correctly.
RENTALS
The median weekly rent increased to $580 per week, up 5.5% over 12 months. Eight properties were leased during December, while available rental listings were down 40% year on year.
RENTALS TIME ON MARKET
Rental properties leased in a median of 15 days, an improvement compared to previous periods and a
clear indicator of sustained tenant demand.
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