3 Hamelin Drive, Lake Coogee WA 6166

5 beds in Cable Park Estate | premium Miele kitchen & multiple living zones | saltwater pool & outdoor kitchen | bushfire overlay | high confidence rental demand This property presents a competitively strong offering within the sought-after Cable Park Estate, distinguished by its five-bedroom configuration and premium, resort-style finishes. The combination of multiple dedicated living zones, a chef’s kitchen, and extensive outdoor entertaining infrastructure with a pool is rare for the area and serves a buyer seeking a high-specification family home or an executive lifestyle property with proven rental appeal. Its position in a prestige estate close to coastal amenities solidifies its desirability. The primary decision mechanism is the bushfire overlay, which imposes ongoing compliance costs and may affect insurance premiums. The property’s size and premium specification, however, create a clear value ceiling for typical stock in Lake Coogee. It is best held as a long-term primary residence to capitalise on its lifestyle attributes, or as a high-quality rental investment given the strong demand signals, with the overlay cost factored into the acquisition price. Recent sales data for directly comparable five-bedroom homes in Cable Park Estate is limited, which complicates precise benchmarking. The available suburb data indicates consistent capital growth, supporting the premium for this property’s superior size and specification over the typical three-to-four bedroom housing stock in the area.