52 Coronado Rdge Iluka WA 6028

52 Coronado Rdge Iluka WA 6028
| 4-bedroom home office | 707sqm lot Iluka | 95% owner-occupied street | 8-day market average | This property offers a rare combination of a substantial 256sqm internal floorplan with a dedicated home office and formal entertaining zones on a 707sqm lot in a street where 95% of residents are owners. For a buyer seeking a long-term family home in a tightly held pocket of Iluka, the configuration provides genuine separation of work and living spaces that is increasingly sought after. The property is best suited to a professional couple or family who value privacy, space, and a stable neighbourhood over immediate renovation potential. The primary risk is the absence of recent comparable sales data for this specific address, meaning the buyer must rely on broader Iluka median pricing and the propertyโ€™s unique features to anchor their offer. The off-market sale in 2023 suggests limited public exposure, which can work in a buyerโ€™s favour if the vendor is motivated. The lack of scheduled inspections and the short market time of four days indicate a controlled campaign, so a pre-emptive offer with a short settlement may secure the property below a competitive bidding scenario. Hold this house as a long-term family residence to benefit from the low turnover and stable owner-occupier profile of Coronado Ridge.

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

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Market Insight:

Iluka is a high-performing coastal suburb characterised by strong family demographics and premium positioning. Demand is driven by affluent owner-occupier families seeking quality education and lifestyle, supported by high household incomes. The market exhibits exceptional capital growth and rapid sales, indicating deep buyer competition. Future performance is underpinned by sustained family demand and limited unit supply, though high mortgage exposure presents a sensitivity to economic conditions.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

707mยฒ

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