2/38 Brighton Road, Scarborough WA 6019

2/38 Brighton Road, Scarborough WA 6019
Lower-floor 1970s brick unit | 108sqm larger than typical | 500m to beach | small secure complex of 4 This property presents a competitively strong proposition due to its generous internal floor area within a low-maintenance, secure complex, a rarity among older Scarborough units. Its prime positioning, a short walk to the transformed beachfront, directly serves coastal lifestyle seekers and downsizers who value proximity over newer finishes. The light-filled, cross-ventilated layout with original timber floors offers character and practicality, cementing its appeal to a specific buyer profile seeking a permanent foothold in a vibrant precinct. The primary risk is the ambiguous strata lot size and potential for capital growth to be tempered by the unit’s age and single bathroom layout, compared to newer developments. However, the opportunity lies in acquiring a larger-format unit in a scarce small complex, benefiting from established gardens and no overlay constraints, within a high-demand rental corridor. This property is best held long-term for lifestyle or as a solid rental investment, leveraging the enduring demand for well-located, low-maintenance beachside living. Recent sales within the same complex provide a clear value benchmark: Unit 1/38 Brighton Road (1 bed, 1 bath) sold for $480,000 in March 2024. With this property offering three bedrooms and significantly more space, it commands a substantial premium, justifying a valuation well above that figure and aligning with the suburb’s rising median.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/38 Brighton Road, Scarborough WA 6019
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Market Insight:

Scarborough is a premier coastal suburb experiencing robust demand, driven by its appealing lifestyle and proximity to the city. The market is characterised by strong price growth across both houses and units, with houses transacting swiftly, indicating a competitive environment. Future demand is underpinned by its enduring coastal appeal and ongoing development, though its established premium pricing presents a natural constraint on affordability for some segments.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

1000m²

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