75 Avocet Island Qys, Wannanup WA 6210
75 Avocet Island Qys, Wannanup WA 6210
Canal frontage with jetty | 220sqm on 543sqm | North-east aspect | Rare under-croft storage | Four-bedroom flexibility
This house offers a rare configuration in a tightly held canal pocket: wide frontage with a jetty and under-croft storage, combined with a north-east aspect that maximises light and passive heating. The high coffered ceilings and king-sized bedrooms give it a scale that competes with newer builds, while the 2007 construction avoids the compliance risks of older stock. It suits a buyer seeking a permanent residence or a premium holiday hold where water access and storage differentiate it from neighbouring listings.
The flood overlay is a known factor for canal properties and does not materially affect use or insurability here given the 4m ground elevation. The primary risk is the 2020 purchase price of $950,000, which may create an expectation gap for vendors despite current valuation of $2,175,000. For a buyer, the opportunity lies in the under-offer closing dateโif it passes, negotiation room may open. Hold this property as a long-term canal home or lock-up-and-leave; its jetty and orientation make it a defensible choice in a niche market.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Wannanup is a premier coastal canal suburb positioned for lifestyle buyers, with strong demand driven by downsizers and investors seeking waterfront properties and proximity to the Dawesville Cut. The market exhibits robust price growth supported by consistently tight supply and rapid sales, reflecting a competitive environment. Future growth is anchored to ongoing marina precinct enhancements and coastal infrastructure, though key constraints include a persistent shortage of listings and limited available land.