9 Murchison Road, Cooloongup WA 6168

9 Murchison Road, Cooloongup WA 6168
4 bed 2 bath on 606sqm | tenanted with vacant option | scope to renovate | oversized ensuite | bore reticulation The property is presented as a well-built project home with a flexible internal layout, including a front lounge, a separate activity or study, and an open-plan meals and family area. All bedrooms are fitted with built-in robes, the ensuite is oversized, and services include air conditioning and bore reticulation. The house sits on a 606 square metre block within an established, house-dominant suburban setting. It is currently tenanted on a periodic lease, with vacant possession available or the lease able to continue, which makes it suited to both owner-occupiers ready to improve a home over time and investors seeking an immediate rental return. Renovation potential should be weighed, as the property offers scope to update. The periodic tenancy may be read as a positive or a negotiation point. Older construction might be linked to maintenance costs, and the 606 square metre block is workable but not exceptional. Modernisation costs should be balanced against the property’s solid suburban foundation. >> Comparable Sales: 14 Neale Place sold for $860,000 | Property Price Band: $700K-$800K | Value Drivers: renovation potential, flexible layout, 606sqm block
Detailed Independent Property Report prepared  by PropCred Analyst team for 9 Murchison Road, Cooloongup WA 6168
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Cooloongup, in Rockingham’s road-linked corridor, is a stable homeownership suburb with 71.6% owner-occupied dwellings. Buyer demand reflects sharp price growth and scarce rental stock: houses rose 24.6% and units 28% over 12 months, with houses selling in a median seven days. Median house prices span $615,000–$690,000; unit medians vary widely, but yields are 4.90% for houses and 5.54% for units. Vacancy is 0.96%, weekly house rents $560–$580. Future growth is supported by tight supply, though low annual sales volumes (32–157 houses) and car-dependent infrastructure are key constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

607m²

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