10 Gilroyd Way, Golden Bay WA 6174
10 Gilroyd Way, Golden Bay WA 6174
4 bed, 2 bath, 2 car | Recent build in established estate | Family-oriented pocket | Rental demand evident | Price sits above nearby sales
This house offers a practical, modern family layout that aligns well with what Golden Bay buyers are actually looking for. The four bedrooms and two bathrooms give it genuine flexibility for growing households, while the double garage adds everyday convenience that smaller homes in the area often lack. It sits within a low-density suburban estate where most dwellings are recent constructions on compact lots, so the streetscape feels consistent and settled rather than mixed or transitional. The school catchment signals toward Golden Bay Primary and Comet Bay College strengthen its appeal for young families, and the active rental market in the immediate area suggests owner-occupiers and investors are both competing for this type of product. For a buyer seeking a straightforward, low-maintenance family house in a coastal southern corridor, this property fits that brief comfortably without overreaching.
The asking level sits noticeably above what nearby comparable houses have transacted for recently, which may reflect a larger floor plan, better finishes, or a superior block position, though none of those details are confirmed. Buyers should weigh whether the premium is justified by tangible property attributes or simply aspirational pricing. The compact lot size typical of this pocket might limit future extension potential, and the absence of standout features like views or acreage means value will likely hinge on internal condition and presentation. Rental returns in the area appear moderate, so investors should model yields carefully against the higher entry point. The property may also appeal to those prioritising proximity to schools and a settled neighbourhood over maximum land content.
|| Comparable Sales: 13 Gilroyd Way sold October 2025 for $650,000; 5 Gilroyd Way estimated rent $515/week | Property Price Band: $800,000–$900,000 | Value Drivers: internal floor area, build quality and finish level, block size and position within the estate
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Gilroyd Way, Golden Bay WA 6174
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Golden Bay, in Western Australia’s Rockingham Region, is being driven by trade-qualified households earning $78k–$130k, with 79% of owners holding mortgages. House prices have risen 16–25% annually across sources to a $725k median, with 163 houses sold in 12 months and a 12-day median selling time. Strong sales velocity and low listing duration support further momentum, though the 63% year-on-year change in stock on market and limited unit supply signal rate sensitivity and low housing diversity. Rents around $600–$645 weekly and gross yields of 4.4–5% add investor appeal, but the high mortgaged-owner share leaves the market exposed to tighter monetary conditions.
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PropCred Estimated Value
Comparable Sales: 13 Gilroyd Way sold October 2025 for $650,000; 5 Gilroyd Way estimated rent $515/week | Property Price Band: $800,000–$900,000 | Value Drivers: internal floor area, build quality and finish level, block size and position within the estate
Bedrooms
4
Bathroom
2
Parking
2
Land
375m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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