23B Colorado Parade, Aubin Grove WA 6164
23B Colorado Parade, Aubin Grove WA 6164
3 bed, 2 bath townhouse built in 2013 on 443mยฒ with a bushfire overlay; estimated value over $1M and rental yield around $725 per week.
Low-maintenance double-storey configuration with 320mยฒ building coverage appeals to first home buyers seeking entry-level ownership, downsizers wanting minimal upkeep, and investors pursuing steady rental returns in a family-oriented zone. Demand remains firm for compact townhouses like this amid ongoing suburb expansion, with strong buyer interest in this growing pocket. Positioned near Colorado Park for easy green space access, it benefits from location perks such as 5G coverage and proximity to Aubin Grove Primary School (intake area) plus Hammond Park Secondary College, ideal for young families. Demographics skew young, with a substantial share under 20 and a large 20ย39 age bracket, fueling demand for 3-bedroom options in this developing area under Cockburn Council. Growth drivers include nearby infrastructure and population growth, increasing potential over time, though the bushfire overlay introduces risk requiring consideration. No flood or heritage issues noted. Rental estimates range from $690 to $760 per week, supporting investor viability. Opportunities exist for value-add through minor updates given the 2013 build, while risks center on bushfire-prone status and reliance on local development momentum. Sits in a convenient yet peripheral spot with park adjacency as an advantage, balanced against distance to major hubs. Building and pest reports are available for diligence.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Aubin Grove is a family-focused suburb with strong transport links and quality school catchments, positioning it as a prime residential node. Demand is driven by families and first home buyers seeking established and new-build houses, supported by rapid population growth. The housing market exhibits exceptionally strong price momentum and tight supply, with properties transacting swiftly. Future growth is underpinned by ongoing development, though rapid price escalation presents affordability constraints, and the limited unit market remains less established.