22 Lionfish Way, Waikiki WA 6169

3 beds opposite park | 99m² house on 304m² land | 25-property street with full transparency | listed one day This house presents a competitively strong proposition for a buyer seeking a family-oriented entry into the Waikiki market. Its direct position opposite a park is a genuine lifestyle and amenity advantage, while the 304m² land parcel and attic storage offer practical utility for growing households. The property serves first-home buyers or downsizers most effectively, given its configuration and the demonstrated high demand in the suburb, where three-bedroom houses sell quickly. The decision hinges on reconciling the listing price with the estimated market valuation. The primary risk is overpaying in a heated segment; the nine-day average market time indicates little room for deliberation. Proceed only with a strategy to verify the property’s condition and true market position through independent valuation and building inspection. A Propcred report would specifically clarify this valuation gap, provide a detailed checklist for this property’s age and construction, and assess locality risks like park-related noise or insurance exposures. Recent sales data shows 78 three-bedroom houses sold in Waikiki this year, averaging just nine days on market. A nearby comparable property recently sold for $657,500. This intense activity underscores strong demand but places a premium on accurate, current valuation to ensure your offer is commercially sound.