15/14 Millington Road, Cable Beach WA 6726
15/14 Millington Road, Cable Beach WA 6726
Private resort villa | rare residential zoning | three ensuites plus private pool | high strata costs | lifestyle buyer pull
This property stands out for pairing full residential use with resort-style living, a combination that is genuinely uncommon in Cable Beach. It is configured as a three-bedroom, three-bathroom villa with a private tropical garden, a private swimming pool, and open-plan interiors that open to outdoor space via bi-fold doors. The 406 square metre land area is substantial for a unit, giving it a house-like feel within a managed complex. The 2008 build has been upgraded to a high standard, so the next owner is unlikely to face immediate renovation work. This villa best serves an owner-occupier wanting a lock-and-leave lifestyle, a downsizer drawn to single-level resort living, or a dual-use buyer seeking holiday potential with genuine residential rights. Weekly living is enhanced by the resort’s main pool, cafe, and concierge services, while the private garden and pool provide personal retreat.
The main constraint is the annual strata levy, which is around $31,000. That level of ongoing cost may dampen the price some buyers are prepared to pay, and it could affect long-term holding decisions. The relatively narrow buyer pool for resort-integrated housing might also make resale a little slower in a soft market. Against that, the private pool, upgraded finishes, and rare residential zoning are strong value supports, and the land area adds flexibility rarely seen in managed villas. A buyer should weigh the running costs against the lifestyle advantage; this property’s uniqueness can justify a premium, but the fees need to be carried comfortably.
>> Comparable Sales: 2/14 and 10/14 Millington Road, same 3/3/1 villa type, recent transactions around $650k and $775k | Property Price Band: $700k–$800k | Value Drivers: residential zoning within resort, private pool and garden, high-quality finish
Detailed Independent Property Report prepared by PropCred Analyst team for 15/14 Millington Road, Cable Beach WA 6726
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Cable Beach, in Broome’s coastal strip, remains a tightly held market. House stock fell 8.47% year-on-year, intensifying competition among buyers drawn to gross rental yields of 8.08% for houses and 12.07% for units. The median house price sits near $718,000, with annual growth between 4.32% and 6.8% depending on the source; homes sell in as little as 13 to 21 days. Units show divergence, with one median at $360,000 rising 2.86% while another fell 8.4%, reflecting patchy investor demand. Rental demand is strong-houses median $1,200 weekly, units $840-supporting future capital growth, though unit price volatility and modest sales volumes pose constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
1
Land
406m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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