23 Surf View, Dawesville WA 6211
23 Surf View, Dawesville WA 6211
Corner block | 150m from beach and surf club | tightly held coastal pocket | ocean-view potential from two storeys
This vacant parcel sits in a tightly held coastal pocket where owner-occupier demand is consistently strong and supply of corner blocks is rare. The 477 mยฒ configuration is not large but the corner positioning gives a buyer more design flexibility, including the option for a two-storey residence that can capture ocean views. Proximity to the beach and surf club at 150 metres is a genuine walkability advantage, and the absence of heritage overlays means no costly compliance delays. This property serves best a buyer who intends to build a permanent home or a high-end holiday house in a location where comparable land seldom comes to market.
The main risk is that the blockโs size limits the footprint for a single-storey design, which may not suit every builderโs standard plan. Buyers should factor in a higher per-square-metre build cost if they pursue the two-storey option to exploit the view. The previous sale at $402,000 in early 2024 and the current asking price reflect the areaโs upward trajectory, but the market for vacant land in Dawesville is less liquid than for established houses. A buyer who secures this parcel and builds within two years stands to capture the gap between land cost and the median house price of $783,000. Hold for construction and occupy or sell once built to realise the location premium.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Dawesville has matured from a fringe suburb into a sought-after coastal prestige market, with a notable shift towards higher-value properties. Demand is driven by investors and renters, creating a tight rental market. Recent house price growth has been exceptionally strong, with homes selling quickly in a low-supply environment. Future growth is underpinned by its elevated market positioning, though risks include significant affordability constraints and buyer caution at current price levels.