3 Auld Court, Waikiki WA 6169

3 Auld Court, Waikiki WA 6169
Large 680sqm block | 4 bedrooms, 4 parking spaces | Quiet court location near coast | Powered workshop included | 37-year-old house needing updates This property offers a configuration that is genuinely rare in its suburb. The combination of a 680-square-metre block, four bedrooms, and four parking spaces on a quiet court creates a functional family home with room for vehicles, hobbies, and outdoor space. The powered workshop adds further appeal for buyers who work from home or pursue practical interests. Being close to the coast and within established school catchments strengthens its position for families seeking convenience without premium pricing. The house serves best a buyer looking for space and flexibility rather than a turnkey finish. Its larger block and extra parking give it a competitive edge over typical stock in the area, where smaller lots and fewer car spaces are more common. The property was built in 1989, so its age may factor into value considerations. While no major structural concerns are noted, a 37-year-old house often requires attention to roofing, wiring, or plumbing, and finishes may feel dated unless already updated. The estimated value around $843,000 and rental yield near 4.0 percent suggest stable but not exceptional returns. Buyers should weigh the cost of any potential upgrades against the advantage of the large block and extra parking, which are harder to replicate in newer developments. The absence of flood or bushfire overlays is a positive, and connectivity is adequate with 5G and fibre to the node.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3 Auld Court, Waikiki WA 6169
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Waikiki presents as a coastal suburb with strong appeal to middle-income families, evidenced by its established housing stock and high sales activity. Demand is driven by owner-occupiers, with a significant portion of households carrying mortgages, and is reflected in rapid sales and robust rental growth. Recent price trends show exceptionally strong capital growth across both houses and units, within a tight, fast-moving market. Future growth is underpinned by sustained high demand, though risks include investor affordability due to below-average yields and market sensitivity to interest rate changes.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

150m²

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