22 Glenburgh Drive, Golden Bay WA 6174
22 Glenburgh Drive, Golden Bay WA 6174
3 bed 2 bath on 300m² | 85% owner-occupier street | Golden Bay Primary and Comet Bay College catchment | 2 days on market
The property sits in a school catchment that drives consistent family demand, and the street’s 85% owner-occupier split signals low turnover and stable neighbourhood character. At 127m² of floor area on a 300m² block, the configuration is efficient rather than generous, which suits first-home buyers or investors targeting the rental demographic near Comet Bay College. The asking price aligns with the suburb median for three-bedroom houses, and the two-day market time suggests pricing has been set to attract immediate attention rather than test the ceiling.
The main risk is land size—300m² limits future subdivision potential and may feel constrained for families expecting more outdoor space. The 2013 last sale date means the buyer should verify whether mechanical systems or finishes have been updated, as holding costs for deferred maintenance could narrow the margin between this and newer stock. The opportunity lies in the school catchment and the street’s low renter ratio, which supports capital stability. Use this property as a solid family hold or a low-maintenance rental with predictable demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Glenburgh Drive, Golden Bay WA 6174
Golden Bay WA 6174
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.