Back 69 Paterson Road
Off Market

69 Paterson Road

Waroona WA 6215

1
1
1.66 ac.
House
Last sold for $790,000
Chelsea BilsborowChelsea Bilsborow, last sold this property on 04 May 2026 after -30 days on market.

Overview

Sold by HARCOURTS Mandurah - Chelsea Bilsborow

Welcome to "Magnolia Cottage", a picture perfect retreat set on a sprawling 1.66 acres with an impressive 87.37m frontage in the heart of beautiful Waroona. With a peaceful creek running through the property, magnolia trees and a welcoming bricked entrance, this stylish 1 bedroom, 1 bathroom cottage offers the ultimate blend of country serenity and proven investment performance. Water and electricity are already connected, making this a rare, ready to enjoy, rural offering. Filled with natural light and character, this resort style cottage immediately makes you feel as if you're on holiday. The living area showcases a charming feature arch alcove with built-in shelving, hybrid flooring, plantation shutters, downlights and two reverse cycle split system air-conditioners, ensuring year round comfort. The spacious bedroom is complemented by a modern bathroom featuring a hobless shower, vanity and toilet. The stylish kitchen is well equipped with 600mm appliances, rangehood, dishwasher and open shelving, flowing seamlessly for entertaining through double doors to the decked outdoor area. Outdoors is where this cottage truly shines; a large gable patio, fire pit area to unwind under the stars and endless space to relax or expand your vision. Currently operating as a profitable short term accommodation, the property presents an exciting investment opportunity with returns of $285pn weekdays, $320pn weekends and up to $450pn during public holidays and festive periods. Across approximately 10 months, gross income has reached just over $50,000 - making this not only a lifestyle purchase but a smart one too. Whether you're seeking a peaceful weekender, retirement destination, investment or the perfect country escape with room to grow; the opportunity here is undeniable. This is country living, reimagined. Call Chelsea Bilsborow from Harcourts Mandurah on 0434 365 260 to organise a viewing. Features: • "Magnolia Cottage" • Welcoming bricked entry • 1.66 acres • Creek • 87.37m frontage • 1 bedroom, 1 bathroom cottage • Water and electricity connected • Living area with feature arch alcove and built-in shelving • 2x reverse cycle split system air-conditioners • Stylish kitchen with dishwasher, 600mm appliances, rangehood and shelving • Spacious bedroom • Modern bathroom with hobless shower, vanity and toilet • Hybrid flooring • Downlights • Plantation shutters • Abundance of natural light • Bottled gas • Instant gas hot water system • Large gable patio • Decked outdoor entertaining area with wide double door cottage access • Fire pit area • Magnolia trees • Currently a profitable short term accommodation • Current investment income: $285pn weekdays, $320pn weekends, $450pn public holidays and festive periods • Gross income from April 2025 approx. $50k • Nearby: Drakesbrook Hotel Motel (1.2km), Pinjarra Bakery (1.7km), Mitre 10 (2km), Waroona District High School (2.1km), Recreation and Aquatic Centre and Skate Park (2.1km), IGA (2.2km), The Rec Waroona Hotel (2.2km), St Josephs School (2.3km), Country Café (2.4km), Waroona Oval (2.5km), Golf Course (2.6km), Waroona Dam (approx. 9 min) * Fencing will be relocated to boundaries prior to settlement * Certificate of Title estimated to be issued April / May 2026 Chelsea Bilsborow 0434 365 260 chelsea.bilsborow@harcourtsmandurah.com.au *All measurements are approximate* This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Features

1 bedroom
1 bathroom
1.66 ac. lot size
House

Estimated Value

Based on this property and similar 1 bedroom houses sold in Waroona over the last 12 months, the estimated median property value of 69 Paterson Road is $790k.

Median value
$790k
Estimated value range
$621k - $790k
Median days on market
35
Estimated value trend
163%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Waroona. 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 69 Paterson Road

2026
Sold
$790,000
04 May 2026 by Chelsea Bilsborow, of Harcourts Mandurah

Happy sellers in Waroona

94%
94% of sellers in Waroona reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Waroona over the last 12 months.

Local market activity for 1 bedroom houses in Waroona

In the last 12 months, 3 one-bedroom houses similar to 69 Paterson Road, have been sold.

This represents a 300% decrease in one-bedroom houses sales when compared to the previous 12 months.

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