2 Gilmore Street, Madora Bay WA 6210
2 Gilmore Street, Madora Bay WA 6210
Spacious 4×2 on 918mยฒ | Solar panels | Madora Bay schools catchment | No flood or bushfire overlay | FTTP & 5G
The property’s substantial landholding and low building coverage present a rare opportunity for future expansion or subdivision in a sought-after coastal corridor. Solar infrastructure and strong school catchment position it favpouritely for family buyers seeking long-term value, while the absence of overlay constraints simplifies due dilligence. This house serves best a buyer with capacity to hold and potentially add equity through land improvement.
The dual listing for sale and rent suggests possible vendor urgency or dual-use intent, though no overlay issues reduce significant risk. Rental yield near 3.1% is moderate but improvable with minor updates the property’s solid connectivity supports tenant appeal. The prudent buyer would acquire as a family home with medium-term hold, leveraging the land component for future capital growth as the area densifies.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2 Gilmore Street, Madora Bay WA 6210
Market Insight:
Madora Bay is a coastal suburb positioned for lifestyle buyers seeking proximity to Mandurah with a relaxed ambience. Demand is driven by owner-occupiers drawn to its coastal character and improved transport links, supporting strong recent price growth. The market is active with homes selling quickly, though new housing supply presents a potential constraint on organic capital growth, while rental pressure remains due to limited stock.