22 Iberia Street, Cervantes WA 6511

22 Iberia Street, Cervantes WA 6511
Low-density coastal block | Land-led market | Tight rental demand | Slow turnover | Holiday/retiree appeal Within Cervantes’ low-density coastal housing market, land is understood to be the primary driver of property value. The suburb’s larger residential blocks are known to stand well above metro norms, and this house is aligned with that pattern, offering space, privacy, and room to extend. The small-town coastal character, beach proximity, and easy-care living are considered the central attractions. Owner-occupiers, holiday-home buyers, and retirees are best served by this property, which suits a relaxed coastal base rather than a high-growth investment. Rental conditions are exceptionally tight, which supports some investor interest, though resale may be expected to require patience given a quiet, slow-moving market. Value may be shaped by the house’s condition and how it is positioned on its block. A larger lot is often valued for boat or van parking, which is weighed heavily by coastal buyers. Market conditions appear soft, with slow selling times suggesting negotiating room is held by buyers. Future value may also be influenced by local lot releases adding supply in a thin market.
Detailed Independent Property Report prepared  by PropCred Analyst team for 22 Iberia Street, Cervantes WA 6511
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✓
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Market Insight

Cervantes, a coastal town in WA’s Shire of Dandaragan, is a tightly held market with a vacancy rate of 0.18%. Demand comes from coastal lifestyle buyers and investors seeking capital growth; annual gains have ranged from 15.7% to 21.84%, lifting medians between $550,000 and $602,500. Stock is exceptionally scarce—sales volumes of 18 to 39 over the past year and near-zero listings—while houses sell in 9 to 43 days. Gross rental yields are 5.59% for houses and 8.70% for units. Future growth relies on limited supply and lifestyle demand, but risks include high rate sensitivity among mortgaged owners, affordability constraints in a small regional market, and car-dependent access via Brand Highway.
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PropCred Estimated Value

Comparable Sales: 4 Sanchez Court near $775,000; B/2 Sanchez Court at $430,000 | Property Price Band: $500K-$600K | Value Drivers: land size, condition, coastal proximity

Bedrooms

3

Bathroom

1

Parking

2

Land

1012m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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