FOR SALE
Offers Over $520,000

5 Rees Place
Wannanup WA 6210

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 993m2
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Endless Potential in Wannanup – A Developer's Dream or Perfect Reno Project!

Nestled in the heart of Wannanup, this classic 1955 shack offers a rare opportunity for those with vision and ambition. Set on a sprawling 993sqm corner block offering sub division potential for two lots (conditionally approved), this property is brimming with potential – whether you're looking to renovate, develop, or start fresh with a new build. With its prime location, across the street from the beloved Friar Tucks pub and only moments from the pristine beaches, marina, and estuary, this address promises both lifestyle and investment potential.
Property Features:
-Spacious 993sqm corner lot
-Sub divide to two lots to maximise value
-Two generously sized bedrooms
-One bathroom
-Basic kitchen setup
-Living area with a sleep-out
-Connected to sewerage and scheme water
- Sub division potential to two lots
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Property Details for 5 Rees Pl, Wannanup

5 Rees Pl, Wannanup is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 993m2. The place is currently for sale with CENTURY 21 Coast Realty Mandurah.

Building Type
House
Land Size
993m2

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About Wannanup 6210

The size of Wannanup is approximately 4.8 square kilometres. It has 10 parks covering nearly 10.8% of total area. The population of Wannanup in 2011 was 2,770 people. By 2016 the population was 3,642 showing a population growth of 31.5% in the area during that time. The predominant age group in Wannanup is 60-69 years. Households in Wannanup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wannanup work in a trades occupation. In 2011, 66% of the homes in Wannanup were owner-occupied compared with 74% in 2016.

Wannanup has 2,734 properties. Over the last 5 years, Houses in Wannanup have seen a 107.63% increase in median value, while Units have seen a 133.73% increase. As at 31 October 2024:

  • The median value for Houses in Wannanup is $820,831 while the median value for Units is $891,187.
  • Houses have a median rent of $630 while Units have a median rent of $650.
There are currently 32 properties listed for sale, and 2 properties listed for rent in Wannanup on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Wannanup.

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Chris Butterworth
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Kelsey Dyck
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CENTURY 21 Coast Realty Mandurah
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