Back 29 Koondoola Avenue
Off Market

29 Koondoola Avenue

Koondoola WA 6064

3
1
1
89 m²
692 m²
House
Last sold for $700,000

Overview

Rare R20/60 Development Block with WAPC Approved Subdivision plan.

The Phone Code for this property is: 17160. Please quote this number when phoning or texting. Nestled in the heart of the rapidly evolving suburb of Koondoola, 29 Koondoola Ave presents an exceptional opportunity for astute investors and savvy developers alike. Offered by out-of-state owners, this property boasts a long-term tenanted family home with an approved subdivision plan, making it a versatile gem in a prime location. The property is ideally positioned in the growth suburb of Koondoola - a rapidly developing suburb, close to shops, parks, schools, public transport and the Perth CBD. Due to the owners travel requirements, on-site viewings of the property will be restricted to 3 days during the period 11 to 13th May, except by prior negotiation. With a generous block size of 692sqm zoned R20/60, the potential of this property cannot be understated. An approved application for a Survey Strata plan adds to its appeal, with the approval valid for three years from 13 February 2026, giving you ample time to make your mark in this sought-after suburb. The existing home features three bedrooms, one bathroom, and 89sqm of internal living space, providing comfortable accommodation for a family or tenants. Currently leased until November 2026, it offers immediate rental income for discerning investors. However, the real value lies in the property's development potential - creating three new units or maintaining the existing house for ongoing rental returns. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

3 bedrooms
1 bathroom
1 carspace
89 m² floor area
692 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Koondoola over the last 12 months, the estimated median property value of 29 Koondoola Avenue is $802.5k.

Median value
$802.5k
Estimated value range
$580k - $998k
Median days on market
16
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Koondoola. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 29 Koondoola Avenue

2026
Sold
$700,000
Private Sale/Treaty on 08 Jul 2026
2022
Rented
Undisclosed
Leased on 12 Jan 2022 by Rental Management Australia Joondalup
2021
Rented
Undisclosed
Leased on 13 Dec 2021 by Rental Management Australia South Perth

Happy sellers in Koondoola

98%
98% of sellers in Koondoola reported that their sale price either exceeded or met their price expectations.

Koondoola stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Koondoola over the last 12 months.

Local market activity for 3 bedroom houses in Koondoola

In the last 12 months, 37 three-bedroom houses similar to 29 Koondoola Avenue, have been sold.

This represents a 12% decrease in three-bedroom houses sales when compared to the previous 12 months.

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