14 Lucretia Circle, North Coogee WA 6163
14 Lucretia Circle, North Coogee WA 6163
Park-front position | 452sqm internal space | 4 bed 3 bath | North Coogee coastal enclave
The property’s commanding park-front position with ocean and island views is its primary competitive edge, rare in this beachside enclave. The 452-square-metre internal area on a 494-square-metre lot signals a design priority on living space over land, which suits buyers seeking a low-maintenance coastal sanctuary rather than a large garden. The two-storey configuration with high-end finishes and stone garden beds positions the house as a premium offering in a market where marina access, shops, and dining are walkable. This property best serves a discerning buyer—likely a professional couple or downsizer—who values immediate lifestyle amenity and a strong visual address over future subdivision potential.
The key risk is the property’s last sale in 2016, which may indicate limited recent transactional evidence to benchmark current value, and the marketing timeline with offers closing in May 2026 suggests a measured seller. The 494-square-metre lot constrains expansion, but the existing internal area is already generous, reducing the need for renovation. The opportunity lies in the park-frontage and ocean views, which historically hold value better than internal-only features in this corridor. Hold this house as a primary residence and enjoy the lifestyle edge; its configuration and position make it a low-turnover property best kept for medium-term enjoyment rather than short-term flipping.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Lucretia Circle, North Coogee WA 6163
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
North Coogee is a premium coastal suburb experiencing exceptional capital growth, driven by high-income professionals seeking a waterfront lifestyle. Demand significantly outstrips supply, with house listings falling sharply and properties selling rapidly. This intense competition, fueled by strong population growth, has created a vendor’s market with sustained upward price momentum. Future growth is underpinned by its enduring coastal appeal and demographic desirability, though the primary constraint remains severely limited stock availability against robust buyer demand.
PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
494m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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