3 Georgina Road, Port Kennedy WA 6172

3 Georgina Road, Port Kennedy WA 6172
Four-bedroom house on 504m² lot | Port Kennedy family catchment | Recently transacted | Video walkthrough available This house presents a competitively scaled family offering, with its four-bedroom configuration on a half-hectare lot placing it within the core stock of the suburb. Its position within the catchment of established government schools, notably Rockingham Lakes Primary within half a kilometre, creates a durable demand profile from owner-occupiers, which is its primary market. The internal area of 155 square metres confirms a practical, mid-sized layout suitable for this buyer segment. The decision hinges on the price progression since its January sale. Acquiring now requires paying a premium for a short-term hold, compressing equity growth potential and exposing you to market sentiment shifts. The opportunity exists only if the current listing price aligns with substantiated capital growth in the area, not the previous sale price. This property is a hold for a long-term owner-occupier; it is not a short-term vehicle. Last sold 21 January 2025 for $640,000. This recent transaction provides a clear, hard benchmark. The current asking price from $839,000 implies a significant market re-rating in a very short period. Buyers must rigorously validate this premium against comparable sales of similar houses settled in the current quarter to assess if the premium is justified or speculative.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3 Georgina Road, Port Kennedy WA 6172
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Market Insight:

Port Kennedy presents as an established coastal suburb with a robust owner-occupier base, supported by above-average household incomes. Demand is driven by a combination of owner-occupiers and investors, evidenced by strong sales activity and a tight rental market with a critically low vacancy rate. Recent price trends show significant capital growth, supported by a fast-moving market where properties transact quickly. Future growth is underpinned by sustained demand against limited available stock, though this very supply constraint presents a key risk for market accessibility and affordability.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

155m²

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