5/219 Scarborough Beach Road, Doubleview WA 6018

5/219 Scarborough Beach Road, Doubleview WA 6018
2-bed flat, 1965 build | strata lot, 54sqm | low-maintenance, prime coastal corridor | strong school catchment edge This property occupies a narrow but defensible position: a compact two-bedroom flat on a large strata lot in a sought-after coastal strip with above-average school intake. At 54sqm the floorplan is tight, but the low-maintenance configuration and single carport suit a first-home buyer or downsizer prioritising location over space. The buildingโ€™s age and strata context limit upside from renovation, but the land component holds long-term redevelopment optionality if the strata ever consolidates. For a buyer seeking foothold in Doubleview with minimal upkeep and solid rental demand, this unit competes on entry price rather than finish. The primary risk is price tension: the high-$700k ask sits well above the $629k estimate and recent comparable sales, suggesting a motivated vendor may need to adjust. Overpaying here erodes equity and locks in weak capital growth until the market catches up. The opportunity lies in negotiating toward the $630kโ€“$660k band, where the property becomes a cash-flow neutral hold with steady rental demand. Buy only at a discount to recent comparables, and treat this as a location play, not a value-add project.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Doubleview is a well-established family suburb with strong transport links, anchored by its primary school catchment. Demand is driven predominantly by professional couples with children, seeking established suburban living. Recent house price growth has been robust, supported by solid rental yields and a competitive sales market, though increased stock levels indicate a potential shift in supply dynamics. Future growth will be sustained by its family appeal, yet sensitivity to interest rates and affordability constraints present key considerations.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1364mยฒ

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