74 Bluewater Drive, Alkimos WA 6038
74 Bluewater Drive, Alkimos WA 6038
Spacious 2013 build | 4 bed family layout | 230sqm floor area | Established Shorehaven pocket | School catchment advantage
This property sits in a noticeably stronger position within the local market due to its generous internal dimensions and land size. At 230 square metres of floor area on a 361 square metre lot, it offers substantially more space than the newer compact homes appearing in the surrounding estates. The 2013 construction places it in a more established part of Shorehaven, where streetscapes have matured and the coastal suburban character is already defined. This configuration serves family buyers who prioritise room to spread out and usable living zones over the tighter floorplans typical of recent infill. The combination of four bedrooms, two bathrooms, and dual living areas creates genuine separation for households with children or regular guests. Its position within the intake area of both Shorehaven Primary School and Alkimos College adds a practical advantage for buyers seeking long-term schooling stability without commuting compromises. The property is likely to appeal most to owner-occupiers who value established amenity over brand-new finishes.
The value position of this property may be influenced by the fact that its internal finishes and exact aspect are not confirmed from available data, meaning a buyer should verify kitchen specifications, ceiling heights, and orientation during inspection. The estimated rental yield of around 4.2 per cent for the suburb suggests reasonable tenant demand for larger family homes, though this property’s size may command a premium over compact alternatives. The ongoing residential development in Alkimos could introduce more housing stock nearby, potentially affecting supply dynamics in the immediate area. However, the absence of bushfire, flood, or heritage overlays removes common constraints that can complicate ownership or insurance. Buyers should weigh the established build quality and generous floor plan against the possibility that newer nearby homes may offer more modern inclusions. A thorough building and pest inspection would confirm whether the 2013 construction has held up well relative to its age.
Detailed Independent Property Report prepared by PropCred Analyst team for 74 Bluewater Drive, Alkimos WA 6038
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Alkimos is a developing coastal suburb experiencing robust property growth, driven by strong demand from owner-occupiers and investors. This is evidenced by exceptionally quick sales times and rising rental returns. Recent price trends show significant annual growth, supported by high sales volumes and ongoing infrastructure projects which serve as key future drivers. The market’s primary constraint is its sensitivity to broader economic conditions, given the high proportion of mortgaged owners.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
417m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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