14 Moira Road, Collie WA 6225
14 Moira Road, Collie WA 6225
7-bed family compound | half-acre block in town | priced far above suburb median | last sold 2018 for $255k
This property presents a rare, large-format family compound within five minutes of the Collie CBD, built on a half-acre block with minimal building coverage. Its seven-bedroom, five-bathroom configuration is exceptionally uncommon for the area and serves a specific buyer seeking multi-generational living or substantial shared accommodation, positioning it entirely outside the typical suburban market. The low building coverage and fully fenced land offer immediate utility and future flexibility.
The primary risk is its severe price dislocation from both recent suburb growth and its own 2018 sale price, demanding a premium over four times the local median. This creates significant valuation risk and limits the buyer pool, challenging both financing and eventual resale. The opportunity exists only for a buyer with a concrete, immediate use for its unique scale; otherwise, it represents a speculative hold in a volatile market. Consider this solely for owner-occupation with a defined need, not as a standard investment.
Recent sales context shows the scale of its premium:
Β Last sold October 2018 for $255,000 as a 4-bed, 2-bath house.
Β Current property value estimates range from a low of $550,000 to a high of $740,000.
Β It is now listed at $1,100,000+, which is more than double the high-end valuation and over 250% above its last sale price adjusted for typical growth.
This data underscores that the asking price is not supported by recent market evidence or valuation models, framing it as an ambitious price point that requires the property’s unique attributes to meet a very specific, high-value need to justify.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Collie presents as a high-growth regional market, driven by strong demand for affordable housing and a community-oriented lifestyle, attracting families and investors. Recent price trends show exceptional capital growth, supported by a tightly held rental market with low vacancy. Future prospects are underpinned by ongoing infrastructure improvements, though the market faces constraints from limited local amenities and regional economic sensitivity.