17 Oatley Way, Golden Bay WA 6174

17 Oatley Way, Golden Bay WA 6174
Near-new 4-bedroom Golden Bay house | theatre room | 375sqm lot | low-maintenance modern build. The property presents a rare combination of near-new construction and a functional floorplan including a theatre room, which differentiates it from standard volume-built homes in the area. Its 375sqm lot with 43% building coverage means usable outdoor space without excessive land maintenance, appealing to families downsizing or professionals seeking lock-and-leave convenience. Positioned in the intake zones for Golden Bay Primary and Comet Bay College, it suits buyers prioritising school catchment stability. The estimated rental yield of $685 per week suggests strong tenant demand, making it viable for an investor who may later occupy. The primary risk is the lack of sales history on Oatley Way, leaving limited comparable data to validate the asking price against market movement. The property’s previous lease status implies some wear, though the 2024 build date mitigates major capital expenditure risk. Buyers should verify the theatre room’s sound insulation and check for any unlisted overlay restrictions despite the clean zoning report. If purchasing as a hold, the low-maintenance design and consistent rental demand support medium-term capital growth in Rockingham’s corridor; for owner-occupiers, the modern layout avoids the compromise of older homes in the same price bracket.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Golden Bay is a high-growth, trades-oriented suburb with exceptionally strong buyer demand, evidenced by rapid sales and low days on market. This demand is driven by its established homeowner base, leading to significant annual price appreciation. The market is characterised by robust turnover and a focus on houses, though high mortgage ownership indicates sensitivity to interest rates, while limited unit supply constrains diversity for future buyers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

375mยฒ

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