6 Raffles Way, Golden Bay WA 6174
6 Raffles Way, Golden Bay WA 6174
4-bed newer build edge | 450m² lot | family-demand suburb | bushfire overlay noted
This property sits in the newer, detached-house pocket of Golden Bay, where 2024-built stock on similar-sized lots is setting the local benchmark. The four-bedroom, two-bathroom layout with two living areas and double garage suits growing families or investors targeting long-term rental demand. Its position on Raffles Way places it within the catchment for Golden Bay Primary School and Comet Bay College, which strengthens appeal for owner-occupiers prioritising school access. The suburb’s family-oriented profile, with average household size of three and a strong share of couple households, aligns well with this configuration. Buyers seeking a modern, low-maintenance home in a coastal growth corridor will find this competitive, particularly given the active house-and-land pipeline nearby that keeps newer product in focus.
The bushfire overlay detected on the adjacent lot may influence insurance costs and lending requirements, though it does not appear to have depressed values given the recent sale of a comparable 2024-built home on the same street. The 450m² land size offers modest outdoor space, typical of current suburban product, and building coverage near 47% suggests a balanced footprint. The property’s value may be shaped by internal finish quality, which is not confirmed, and by how it compares to the newer packages still being marketed in the area. Buyers should weigh the trade-off between a completed, established build and the customisation potential of off-the-plan options nearby.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Raffles Way, Golden Bay WA 6174
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Golden Bay, in Western Australia’s Rockingham Region, is being driven by trade-qualified households earning $78k–$130k, with 79% of owners holding mortgages. House prices have risen 16–25% annually across sources to a $725k median, with 163 houses sold in 12 months and a 12-day median selling time. Strong sales velocity and low listing duration support further momentum, though the 63% year-on-year change in stock on market and limited unit supply signal rate sensitivity and low housing diversity. Rents around $600–$645 weekly and gross yields of 4.4–5% add investor appeal, but the high mortgaged-owner share leaves the market exposed to tighter monetary conditions.
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PropCred Estimated Value
Comparable Sales: 8 Raffles Way sold $840,000 (2024 build, 450m²) | Property Price Band: $800K–$900K | Value Drivers: build recency, four-bed layout, land size, school catchment
Bedrooms
4
Bathroom
2
Parking
2
Land
450m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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