COODANUP MARKET SNAPSHOT – JULY 2025

Coodanup’s July market remained steady in price but continued to show signs of slowing activity. While demand is still present, the number of transactions has softened compared to previous highs.

SALES

There were 10 residential sales recorded during the month. The median house price held firm at $600,000, matching the annual figure and reflecting stable buyer confidence at current levels.

LISTINGS

Listings remained low, with just 14 properties advertised for sale at the end of July. While this is up slightly from last year, it’s still well below long-term averages.

LAND

Only 2 land sales were recorded for the month, showing a significant drop compared to last year’s activity. However, the median land price sits at $235,000 — suggesting buyers are still paying a premium for available blocks.

SALES TIME ON MARKET

Homes sold in a median of 16 days in July. Higher-priced properties continued to move quickly, especially in the $800,000–$999,999 bracket which averaged just 4 days on market.

RENTALS

The rental market stayed active, with 15 leases signed in July. Median weekly rent remained stable at $550, showing no movement from the previous month.

RENTALS TIME ON MARKET

Rental listings increased to 15 by the end of July. Properties are now taking a median of 28 days to lease — slightly slower than the pace seen earlier this year.