24 Towlers Drive, Golden Bay WA 6174

24 Towlers Drive, Golden Bay WA 6174
Near-new 2024 build | 4 bed 2 bath on 375m² | Golden Bay family belt | bushfire overlay noted | FTTP connected This is a competitively strong proposition for buyers wanting modern, low-maintenance family housing without the compromises of older stock. The 2024 build date means current compliance standards, efficient layout across 174m², and minimal immediate upkeep. Sitting on a compact 375m² lot, it suits those prioritising a lock-and-leave lifestyle over large yard space. The configuration is squarely aimed at young families and owner-occupiers, given Golden Bay’s detached-house dominance and family-oriented catchment structure. The combination of four bedrooms, dual bathrooms, and double garage covers the practical checklist most buyers in this segment work through. Its coastal positioning and newer estate character give it a contemporary feel that older suburban offerings often lack. Value may be shaped by the bushfire overlay, which could influence insurance costs and some buyer appetite. The smaller land parcel might limit upside compared to larger lots, though it also reduces maintenance burden. The 2024 build quality and modern finishes could support stronger pricing than older homes, but the absence of confirmed aspect and fitout details means buyers should verify these on inspection. Rental appeal appears solid for a four-bedroom house in this corridor, which may interest investors, though owner-occupier demand likely remains the primary driver here. || Comparable Sales: Recent 4-bed houses in Golden Bay sold around $620k–$780k | Property Price Band: $800k–$900k | Value Drivers: 2024 build condition, compact land size, modern family layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 Towlers Drive, Golden Bay WA 6174
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Golden Bay, in Western Australia’s Rockingham Region, is being driven by trade-qualified households earning $78k–$130k, with 79% of owners holding mortgages. House prices have risen 16–25% annually across sources to a $725k median, with 163 houses sold in 12 months and a 12-day median selling time. Strong sales velocity and low listing duration support further momentum, though the 63% year-on-year change in stock on market and limited unit supply signal rate sensitivity and low housing diversity. Rents around $600–$645 weekly and gross yields of 4.4–5% add investor appeal, but the high mortgaged-owner share leaves the market exposed to tighter monetary conditions.
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PropCred Estimated Value

Comparable Sales: Recent 4-bed houses in Golden Bay sold around $620k–$780k | Property Price Band: $800k–$900k | Value Drivers: 2024 build condition, compact land size, modern family layout

Bedrooms

4

Bathroom

2

Parking

2

Land

542m²

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