20 Landings Boulevard, Coodanup WA 6210

Modern house on compact lot | Heritage overlay present | Fibre & 5G connected | Primary school zone This property presents a competitively priced, low-maintenance housing solution on a smaller, serviced lot, directly appealing to first-home buyers or downsizers seeking modern conveniences in a established location. Its configuration of three bedrooms and two bathrooms with dual living areas is operationally efficient for a small family or professional couple, strengthened by reliable fibre internet and absence of natural hazard overlays which reduces insurance complexity. The heritage overlay, however, imposes a design constraint on future redevelopment, permanently limiting capital investment in the land value. The primary risk is the lot size, which at 225m² sits well below typical suburban blocks in the area, capping long-term land appreciation relative to larger parcels. The commercial logic is in securing a functional, modern house at an entry point, with rental estimates supporting positive cash flow. This property is a hold for five to seven years to absorb initial transaction costs, serving best as a straightforward primary residence or a low-touch rental investment. Nearby comparable sales indicate a stable value corridor: – 14 Landings Boulevard: 3 bed, 2 bath, 216m² lot, estimated at $666,000. – 20 Coodanup Drive: House on a 792m² lot, estimated at $806,000. The direct comparable at 14 Landings Boulevard confirms the listed price for this property is positioned at the lower end of the estimated range, suggesting the offering is priced to meet the market. The significant value gap with 20 Coodanup Drive is attributable entirely to land size, clearly delineating the premium for larger blocks.