11 Gregory Court, Two Rocks WA 6037
11 Gregory Court, Two Rocks WA 6037
Large 1,113m² block | 1988 four-bedroom house with one bathroom | Pool and solar already installed | Older established stock in a growth suburb | Single-bathroom layout limits appeal
This property’s main competitive edge is the land. At over 1,100 square metres, it sits well above the typical new-house lot in Two Rocks, which means more outdoor space, better separation from neighbours, and genuine potential for future subdivision or a large shed if the zoning allows. The house itself is a solid 1988 build, and the four-bedroom layout with a pool and solar panels makes it immediately liveable without major upfront spending. It suits a family or buyer wanting coastal living with room to move, and who values established character over brand-new finishes. The single bathroom is the one clear weakness, but for someone planning to renovate or hold long-term, that is manageable.
The combination of a large block and an older house may affect how the property is priced relative to newer stock in the area. Buyers should weigh the cost of updating the bathroom and possibly modernising the kitchen against the benefit of securing a rare block size. The heritage planning control could add a layer of consideration for any future development, though it does not necessarily restrict day-to-day living. Rental demand appears reasonable, and the pool and solar add practical appeal, but the single-bathroom setup may cap how much rent or resale value the house can achieve until that is addressed. The property may suit an owner-occupier more than an investor, given the configuration.
|| Comparable Sales: Similar older four-bedroom houses on large blocks in Two Rocks have sold near $650k–$700k | Property Price Band: $600k–$700k | Value Drivers: Land size, pool and solar condition, single-bathroom layout versus buyer expectations
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Gregory Court, Two Rocks WA 6037
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Market Insight
Two Rocks is a coastal suburb experiencing rapid growth, driven primarily by young families seeking affordable housing. The market is characterised by strong recent price appreciation and remarkably swift sales, particularly for family-sized homes. While rental yields are solid, the current supply-demand balance favours buyers, suggesting a need for realistic pricing and indicating limited scope for near-term capital growth without new catalysts.
PropCred Estimated Value
Comparable Sales: Similar older four-bedroom houses on large blocks in Two Rocks have sold near $650k–$700k | Property Price Band: $600k–$700k | Value Drivers: Land size, pool and solar condition, single-bathroom layout versus buyer expectations
Bedrooms
4
Bathroom
1
Parking
-
Land
1113m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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