6 Guillardon Terrace, Madora Bay WA 6210
6 Guillardon Terrace, Madora Bay WA 6210
4 beds | 3 baths | 323sqm living | solar and pool risk
The primary risk here is the pool and solar system, both over a decade old, which could cost $15k to $30k to replace or repair, a contingency you must factor into your offer. The upside is the sheer floor area on an 869sqm block near the coast, rare in this corridor; hold it for land appreciation and rent at $785pw to defray carry costs. This property suits a buyer seeking scale and lot value over turnkey condition.
The comparables in Madora Bay for four-bedroom homes over 300sqm on similar lot sizes have ranged from $1.4m to $1.6m, placing this listing near the upper end but under its estimated value of $1.64m. The double-storey layout and school zone access reinforce a strong family position, but the lack of recent interior upgrades means you are paying for raw square meters, not finishes. This works best for a buyer who can manage renovation timeline and wants to lock in a large blocks near the beach, a scarce combo that will hold value through coastal demand cycles.
To move forward, insist on a building and pool inspection for condition items, then cross-reference recent sales for fully renovated comparables to anchor your final bid below the ask.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Madora Bay is a coastal suburb positioned for lifestyle buyers seeking proximity to Mandurah with a relaxed ambience. Demand is driven by owner-occupiers drawn to its coastal character and improved transport links, supporting strong recent price growth. The market is active with homes selling quickly, though new housing supply presents a potential constraint on organic capital growth, while rental pressure remains due to limited stock.