6 Koolama Road, Sunset Beach WA 6530

6 Koolama Road, Sunset Beach WA 6530
1971 brick veneer | 817m² R20 | 3/1/2 | powered workshop | vacant possession A 1971 brick veneer house is presented on a generous 817m² R20 block, with a powered double workshop that is considered a genuine utility for trades, hobbyists, or storage. The mid-sized land holding is understood to be comfortably larger than many newer infill lots, and the vacant-possession condition is regarded as a practical advantage for immediate occupation or renovation. Mature trees and a large patio are noted as providing an established, settled feel that is increasingly uncommon in coastal areas. Entry-level owner-occupiers wanting beach proximity without paying premium coastal prices are best served here, as are downsizers prioritising single-level practicality and investors attracted to a straightforward low-density holding with yield potential. New floor coverings included in the price are expected to remove an immediate decorating cost and improve first-presentation value. Value may be influenced by R20 zoning, which may permit future subdivision though no entitlement is specified and block shape may limit it. Older construction may present wiring, plumbing, or insulation needs; the tin roof will require maintenance, and renovation costs may need to be weighed for the bathroom and cabinetry. Beachside-suburban positioning, rather than premium waterfront, is expected to guide price toward land size and workshop utility.
Detailed Independent Property Report prepared  by PropCred Analyst team for 6 Koolama Road, Sunset Beach WA 6530
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

Sunset Beach, in Geraldton’s coastal corridor, is a family-driven market: the dominant 0–9 age group and trade-heavy workforce point to buyers seeking space and affordability. Demand is firm, with houses selling in a median 7 days and annual growth of 35.75% lifting medians to roughly $587,000–$637,500. A 5.1% gross yield and weekly rents of $580–$600 underpin investor appeal, while moderate sales volume (46–62 annually) suggests supply is contained, not oversupplied. Growth drivers remain tied to regional connectivity via Chapman Road and local school demand from young families. The constraint is affordability: prices have outpaced income bands, leaving the market vulnerable to rate shifts. Momentum is strong, but the speed of recent appreciation raises the bar for sustained entry.
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PropCred Estimated Value

Comparable Sales: 9 Koolama Road around $625K; 6 Gorgon Road around $677K | Property Price Band: $600K–$700K | Value Drivers: land size, workshop, presentation

Bedrooms

3

Bathroom

1

Parking

1

Land

816m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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