Coodanup saw a bump in activity in August, with house prices continuing to rise and a solid number of
transactions despite reduced stock on the market.
SALES
There were 12 residential sales during the month, up from July and 33 percent higher than the same time
last year. The median house price increased slightly to $605,000, representing 16.3 percent annual growth.
LISTINGS
Listings dropped to just 8 properties for sale at the end of August, 20 percent lower than this time last year and among the lowest levels recorded in recent months.
LAND
Two land sales were recorded during the month with a median price of $235,000. Only two blocks were
listed for sale by month’s end, suggesting continued tight supply.
SALES TIME ON MARKET
Homes sold in a median of 13 days, four days faster than in July and a week quicker than this time last year. Land also sold quickly with a median of 13 days on market.
RENTALS
The rental market remained stable with 10 leases signed in August. The median rent for houses stayed
steady at $550 per week, unchanged from both July and this time last year.
RENTALS TIME ON MARKET
There were 15 rental listings available at the end of August. Homes leased in a median of 34 days, slower
than the previous month and 18 days longer than August 2024.
Related Posts
Wannanup continues to perform as a premium lifestyle suburb with strong canal and coastal appeal. SALESThe median dwelling price is…
South Yunderup continues to attract lifestyle buyers. SALESThe median dwelling price is approximately $800,000, with 12 sales recorded. LISTINGSThere were…
Silver Sands remains a tightly held coastal suburb. SALESThe median dwelling price is approximately $905,000, with 1 sale recorded. LISTINGSThere…
Curious to know what your property is worth?
One of our agents will visit your property to provide a professional, obligation-free market appraisal