13D Okely Road, Carine WA 6020
13D Okely Road, Carine WA 6020
Villa on 259m² lot | 3 bed, 2 bath, 2 car | Carine High School catchment | Minimal comparable sales data.
This villa presents a competitively dense offering within the Carine Senior High School catchment, a key driver for family demand. Its configuration with dual bathrooms and parking on a sub-300m² lot positions it for downsizers or entry-level buyers seeking low-maintenance living in a established suburb, contrasting with the larger traditional houses prevalent on the same street. The immediate proximity to the high school is its primary advantage, creating a specific buyer pool.
The decision hinges on the absence of recent sale prices and undefined building quality. You risk overpaying without verified comparables, and the lack of detail on age or condition implies potential renovation liability. The opportunity lies in securing a scarce, smaller-format property in the zone, but only at a discount that accounts for these unknowns. Treat this as a long-term hold for the catchment value, not for speculative gain.
Detailed Independent Property Report prepared by PropCred Analyst team for 13D Okely Road, Carine WA 6020
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Carine is an established, high-demand coastal suburb positioned for family living, with its strong school catchments and proximity to beaches driving appeal. Demand is led by high-income professionals and couples with children seeking established homes, reflected in rapid sales for larger properties. The market exhibits robust recent price growth, with conditions characterised by low days on market, indicating sustained buyer competition. Future growth is underpinned by its enduring lifestyle appeal, though high price points constrain affordability and a significant portion of mortgaged owners suggests sensitivity to interest rate movements.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
259m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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