1/454 Chapman Road, Bluff Point WA 6530
1/454 Chapman Road, Bluff Point WA 6530
3 bed, 2 bath, 2 car townhouse | Built 2014 in small complex | Leased until mid-2027 at $600/week | Compact 263sqm lot on main road
What is competitively strong about this property is its modern build in a suburb where newer townhouse stock is limited, combined with a three-bedroom two-bathroom configuration that suits both families and downsizers. The 2014 construction means lower maintenance and better energy performance than older villas, and the two-car parking is a genuine advantage in this price bracket. The long fixed lease to 2027 at $600 per week provides immediate income certainty, which makes this most appropriate for an investor seeking a hands-on holding with established cashflow rather than a renovator or owner-occupier wanting to move in quickly.
The main road frontage on Chapman Road may affect resale appeal for buyers who prioritise quiet and privacy, and the compact 263sqm lot limits future extension potential. The tenancy until 2027 also means an owner-occupier cannot move in without waiting or negotiating a break, which may narrow the buyer pool at sale time. The discrepancy between a six-unit and seven-property complex count suggests the strata arrangement might be slightly unusual, so a buyer should verify the common property boundaries and any shared cost obligations before forming a final view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/454 Chapman Road, Bluff Point WA 6530
Market Insight:
Bluff Point presents a compelling coastal investment proposition, characterised by exceptionally strong capital growth and a tight rental market with a minuscule vacancy rate. Demand is driven by a mature demographic and investors attracted to high yields, supported by a significant rental population. The market exhibits robust momentum with rapid sales, though affordability constraints and limited transaction volumes suggest sensitivity to economic shifts, tempering its otherwise vigorous performance.