23 Coppito Circle, Beeliar WA 6164
23 Coppito Circle, Beeliar WA 6164
4-bed 2006 build | 594mΒ² lot with 50% coverage | bushfire overlay | recent major renovation
This property presents a strong, modernised family home on a substantial lot, a configuration increasingly rare in its area. The high building coverage and secure side access offer practical utility for vehicles or storage, catering specifically to growing households or trades operators. Its location within the Lakeland Senior High School intake area anchors its appeal to a stable demographic, while the absence of flood or heritage constraints simplifies future use. The significant value uplift since its 2022 sale indicates captured demand, though the bushfire overlay imposes specific due diligence and potential insurance costs.
The primary risk is the valuation reliance on recent sales in Beeliar, not direct comparables, amidst a rising market. The discrepancy in reported floor areas requires clarification. The opportunity lies in securing a turnkey, solar-equipped property with proven rental yield, suitable as a long-term hold. Proceed with a conditional offer contingent on a bushfire attack level assessment and building measurement verification.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Beeliar is a family-oriented suburb with a young demographic, firmly positioned within PerthΒs high-demand southern corridor. Demand is driven by owner-occupying families, supported by the broader market’s persistent housing shortage and strong population growth. Recent price trends show robust and accelerating growth, particularly for units, within a fast-moving market. Future performance is underpinned by PerthΒs structural supply constraints, though affordability pressures and interest rate sensitivity present notable risks given the high proportion of mortgaged owners.