1 Sharon Drive, Carine WA 6020
1 Sharon Drive, Carine WA 6020
4‑bedroom duplex | 501m2 lot | Carine family pocket | larger duplex layout | Lake Gwelup Primary catchment
This duplex’s configuration is competitive—four bedrooms, two bathrooms on a 501‑square‑metre lot in a street of smaller duplexes. The land size is generous for the type, giving a family scale most semi‑detached homes lack. Positioned near Lake Gwelup Primary and Carine Senior High School, demand from family buyers is strong. The 1970s construction is solid, and no overlay restrictions reduce risk. This property serves buyers wanting a large duplex in a well‑connected suburb.
Age is the main risk; original finishes may need updating within five years, potentially requiring capital for kitchens, bathrooms, or roofing. Energy efficiency may be lower than modern builds. However, the land‑to‑price ratio offers opportunity: a 501‑square‑metre block in this school catchment suggests value growth without premium pricing. Renovation could boost rental yield, but the primary hold is as a long‑term family home benefiting from school access and suburban stability. Use it as a core residence for appreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Sharon Drive, Carine WA 6020
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
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
4
Bathroom
2
Parking
1
Land
501m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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