3 Loveday Way, Golden Bay WA 6174
3 Loveday Way, Golden Bay WA 6174
Modern coastal home | 2020 build with caravan-height garage | R20 zoning on 459sqm | Bushfire overlay detected
The property is competitively positioned as a near-new coastal house offering a rare combination of generous land, low-maintenance finishes, and practical storage for a boat or caravan โ a configuration not common in Golden Bay at this price point. The extra-high garage and 43% building coverage suggest the design prioritises liveable outdoor space without sacrificing internal quality. It is best suited to families or downsizers seeking a lock-and-leave lifestyle with room for recreational vehicles, and the 2020 build year reduces immediate maintenance risk while offering modern energy efficiency via solar panels.
The bushfire overlay is the primary risk and warrants due diligence on vegetation management and any compliance requirements, though its detection does not preclude purchase if the property meets BAL standards. The asking price sits below the estimated market value range, which may indicate a motivated seller or reflect the bushfire designation. For an investor, the rental yield is moderate but supported by steady local demand; for an owner-occupier, the combination of school catchment access and coastal proximity strengthens long-term appeal.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3 Loveday Way, Golden Bay WA 6174
Market Insight:
Golden Bay is a high-growth, trades-oriented suburb with exceptionally strong buyer demand, evidenced by rapid sales and low days on market. This demand is driven by its established homeowner base, leading to significant annual price appreciation. The market is characterised by robust turnover and a focus on houses, though high mortgage ownership indicates sensitivity to interest rates, while limited unit supply constrains diversity for future buyers.