24 Freycinet Drive, Geographe WA 6280

24 Freycinet Drive, Geographe WA 6280
Beachfront & canal front | No common walls | North-facing bay views | Long owner tenure | Flood zone & bushfire risk This property presents a rare dual waterfront position with north-facing Geographe Bay views, a configuration seldom available. The absence of common walls and direct beach access from the complex provides a house-like living experience within a strata title, appealing to buyers seeking privacy and a permanent coastal lifestyle. The extended average owner occupancy of over fifteen years signals a settled, committed community, suggesting the property holds long-term appeal over transient investment. The primary decision factors are the defined environmental risks and the strata structure. The flood zone and bushfire risk notations will directly impact insurance premiums and financing feasibility, imposing recurring holding costs. The off-market status of this specific unit indicates a discreet opportunity, but the strata title over individual houses introduces shared governance. This property is best held as a primary residence to fully capitalise on its lifestyle attributes, as the strata context and risks dilute its investment flexibility. Recent sales within the complex provide a direct value benchmark: – 1/24 Freycinet Drive sold December 2021 for $970,000, with one source noting $1.385 million. The significant variance in reported price for the same sale underscores the need for verified contract review, but firmly establishes a baseline above $1.38 million for a comparable property over two years ago, contextualising the current estimated value.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Geographe presents a premium, tightly held market with strong capital growth fundamentals, driven by high demand from established family households and trades professionals. The suburb exhibits robust price appreciation, with houses transacting rapidly, indicating sustained buyer competition. Future growth is underpinned by its quality housing stock and limited new development, though this constrained supply also presents a key affordability and availability risk for prospective entrants.
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PropCred Estimated Value

Bedrooms

-

Bathroom

-

Parking

-

Land

505mΒ²

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