75 Paterson Rd, Waroona is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 20238m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom House sold in Waroona in the last 12 months.
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 Caf (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.
The size of Waroona is approximately 241.4 square kilometres. It has 15 parks covering nearly 10.6% of total area. The population of Waroona in 2016 was 2934 people. By 2021 the population was 2868 showing a population decline of 2.2% in the area during that time. The predominant age group in Waroona is 60-69 years. Households in Waroona are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Waroona work in a trades occupation.In 2021, 75.10% of the homes in Waroona were owner-occupied compared with 71.40% in 2016.
Waroona has 2,013 properties. Over the last 5 years, Houses in Waroona have seen a 127.05% increase in median value, while Units have seen a 118.38% increase. As at 30 April 2026:
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