1 Golden Bay Drive, Golden Bay WA 6174

1 Golden Bay Drive, Golden Bay WA 6174
4-bed family home on generous lot | 3 bathrooms rare for suburb | 12-year-old build with solar PV | modest rental yield but growing demand This property sits competitively in Golden Bay as a larger family home with a 3-bathroom configuration that is uncommon for standard suburban stock. The 629 sqm lot and 195 sqm floor area suit upgraders or investors seeking long-term family accommodation, supported by solar PV and a fully fenced yard. Its 2014 build age places it in the modern bracket, avoiding maintenance concerns of older homes while offering contemporary features like air conditioning and remote garage. The property best serves buyers prioritizing space, multiple bathrooms, and energy efficiency over premium finishes or views. The floor area discrepancy between 195 sqm and 189 sqm may affect perceived value if buyers compare directly against similar homes. The build quality and material specification are not confirmed, which might influence renovation or durability expectations. Rental yield at 4.68% is moderate, but the absence of flood risk and proximity to George Foster Reserve adds stability. The 2022 to 2024 price jump suggests strong local demand, though future growth may depend on broader market conditions and school catchment performance.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Golden Bay Drive, Golden Bay WA 6174
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Golden Bay is a high-growth, trades-oriented suburb with exceptionally strong buyer demand, evidenced by rapid sales and low days on market. This demand is driven by its established homeowner base, leading to significant annual price appreciation. The market is characterised by robust turnover and a focus on houses, though high mortgage ownership indicates sensitivity to interest rates, while limited unit supply constrains diversity for future buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

629m²

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