3 Salinas Way, Madora Bay WA 6210

Limited comparable sales | over $869k guide for house on 375sqm block | recent 2023 purchase price not disclosed | buyers must verify actual condition and any defects pre-offer This property carries the risk of a premium price for a standard block size in Madora Bay, where recent comparable houses like 3 Hermosa Way at $922,000 estimated value suggest the $869,000-plus guide may be aggressive for a 138sqm internal area. The lack of disclosed floor plans or build year prevents accurate cost-per-square-metre analysis, meaning buyers could overpay if finishes or layout underperform. For a buyer, holding this house requires confidence that coastal demand and new-infrastructure growth will outpace any initial premium; otherwise, treat it as a short-term use purchase with capped upside in the first three to five years. The buying case rests on the house being four bedrooms with two parking spaces in a growing family-friendly suburb near Mandurah beaches, which is rare for new stock under 140sqm. It serves families or downsizers who prioritise low-maintenance coastal living over land area, and the near-new condition avoids immediate renovation costs. To advance, commission an independent building and pest inspection, then cross-check the agent’s comparable sales list with actual settled prices from the last six months to validate the price guide before making an offer.