29 Celtic Loop Cable Beach WA 6726
29 Celtic Loop Cable Beach WA 6726
4-bed, 3-bath with study | Merbau floors & cascading light | Priced below suburb median | Withdrawn listing status
This property presents a competitively priced entry into the Cable Beach market, positioned below the local four-bedroom median. Its internal configuration is a functional strength, offering a versatile study that serves as a fourth bedroom, alongside three full bathrooms, which is above standard for the area. The Merbau timber floors and light-filled staircase are quality finishes that enhance liveability. This house best serves a buyer seeking a established, well-appointed home with room for a home office or guest accommodation, capitalising on its price positioning against broader suburb growth.
The primary decision point is the discrepancy in its listing status, indicating a possible stalled campaign, which requires immediate verification of the seller’s motivation. The valuation range is broad, reflecting medium-high confidence, necessitating independent validation to anchor your offer. Proceed with a conditional offer contingent on building and pest inspections, given the absence of data on construction age. Secure this as a long-term hold to benefit from rental yield and suburb growth; its below-median price provides a buffer for capital appreciation. Our property report would clarify its real market valuation with precise comparable sales and detail locality-specific risks for insurance.
Comparable at 16 Celtic Loop is estimated at $1,093,000 on a 600mΒ² lot. 29 Glenister Loop, last sold in 2007, now shares an identical estimated range of $790,000Β$870,000. This tight alignment with 29 Glenister Loop supports the subject property’s valuation band, while the premium for 16 Celtic Loop suggests lot size and condition are key value drivers here.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Cable Beach presents a compelling investment profile, anchored by a robust rental market with high yields and strong tenant demand. The housing segment demonstrates consistent price growth and rapid turnover, indicating sustained buyer interest, while the unit market shows more varied performance. Demand is supported by a significant rental population, creating a solid investor base. Future growth is underpinned by constrained housing supply, though sensitivity to broader economic conditions remains a consideration for the market’s trajectory.