3 Pinarello Street, Madora Bay WA 6210

New build 2025 | 4-bed coastal family home | 1.3km to beach | growing suburb with high owner-occupancy This property presents a competitively strong proposition as a modern, turnkey home in a high-demand coastal family enclave. Its 2025 construction date offers immediate capital advantage over the suburb’s older housing stock, eliminating renovation costs and risks for a buyer. The configuration directly serves the dominant local demographic of young, trades-oriented families seeking low-maintenance living with proximity to parks and schools, ensuring sustained owner-occupier demand. Its position on a standard block is offset by the premium for a new build in a supply-constrained, rapidly appreciating market. The primary risk mechanism is the significant price growth already factored into the current asking price, which demands scrutiny against recent settled sales to validate. The opportunity lies in securing a scarce new property in a growth corridor, with commercial logic favoring a long-term hold to amortize the entry premium over the property’s depreciation advantage against older stock. Proceed with an offer strategy informed by a direct sales comparison, as the 2024 land sale is irrelevant to the current improved value. A Propcred report would pressure-test this valuation, detail locality-specific planning risks, and streamline building insurance assessment. Recent comparable sales data is not provided for direct analysis. The referenced transaction from March 2024 at $288,000 was for the land only, prior to construction, and therefore offers no meaningful benchmark for the current market value of the completed home. This absence underscores the necessity of obtaining verified, like-for-like sales evidence to anchor any offer.