115 Eleanore Drive, Madora Bay WA 6210

115 Eleanore Drive, Madora Bay WA 6210
4 bed 2 bath 2 car coastal-family house | 2021 build | 555 m² block | 200 m² home | High-spec ensuite finish This property is well positioned as a newer 4-bedroom family home in Madora Bay, combining a 2021 build with a 555 m² block, double garage, and reported 200 m² dwelling size. The listing’s ensuite details, including a freestanding tub, twin vanities, dual showers, and separate W/C, suggest a higher-spec internal presentation than basic project-home stock. Its appeal is strongest for family buyers wanting a turnkey coastal-suburban home with modern finishes and a practical detached-house layout. The recent build age also reduces immediate renovation concerns and supports demand from buyers who prefer newer housing over older coastal stock. The main pricing issue is the large gap between the reported 2023 sale price and the current marketing level near $1.1 million. Without verified upgrade history, detailed comparable sales, or stronger evidence of premium location factors, buyers should test the asking price carefully. The research does not confirm aspect, views, school catchments, frontage, or nearby infrastructure advantages, so the property’s premium must be justified by condition, finish quality, land position, and current market evidence. Buyers should also confirm whether the home has any coastal-specific maintenance exposure or location disadvantage before paying a premium.
Detailed Independent Property Report prepared  by PropCred Analyst team for 115 Eleanore Drive, Madora Bay WA 6210
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Madora Bay is a coastal suburb positioned for lifestyle buyers seeking proximity to Mandurah with a relaxed ambience. Demand is driven by owner-occupiers drawn to its coastal character and improved transport links, supporting strong recent price growth. The market is active with homes selling quickly, though new housing supply presents a potential constraint on organic capital growth, while rental pressure remains due to limited stock.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

555m²

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