19 Costata Cove, Roleystone WA 6111
19 Costata Cove, Roleystone WA 6111
Bushfire overlay applies | 2,236mยฒ lot with pool | 100% owner-occupied street | Built-in robes and solar panels
The property’s value case rests on its rare combination of a large, private lot with a swimming pool in a street where every resident is an owner-occupierโa strong signal of stable, low-turnover neighbourhood character that reduces uncertainty for a buyer. The 233mยฒ building area with four bedrooms and two bathrooms, including an ensuite and built-in robes, positions it as a practical family house in a suburb where 60 properties have sold this year, indicating steady demand. The solar panels and alarm system add modest operational savings and security, but the real edge is the lot size and pool, which are uncommon in this price bracket and appeal most to families seeking space without leaving the Roleystone school catchment.
The bushfire overlay is the primary risk, imposing higher insurance costs and potential compliance requirements that a buyer must factor into holding costsโthis is not a trivial overlay and should be verified with the council before commitment. The 1997 last sale date means no recent price history to benchmark against, so the buyer relies entirely on current market comparables, such as the nearby Croasdale Road sale, which adds uncertainty. The absence of open homes and inspection-by-appointment-only signals a controlled sales process that may limit competitive pressure but also reduces the buyer’s ability to gauge interest. The long-term resident profile (97%) suggests low turnover, which is a double-edged sword: it confirms stability but also means fewer opportunities to buy into this street, so a buyer should act decisively if the house meets their needs, holding it as a long-term family residence rather than a short-term flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Roleystone is a low-density, family-oriented suburb positioned as a rural-residential enclave within commuting distance of Perth. Demand is driven predominantly by established families seeking a lifestyle-focused environment, reflected in high home ownership and a market dominated by houses. Recent conditions show exceptionally strong price growth and rapid sales, indicating intense buyer competition. Future growth is underpinned by its appeal to this demographic, though the market faces constraints from limited property diversity and a very small rental sector, concentrating its sensitivity to broader economic shifts.