34 Bottlenose Circuit, Waikiki WA 6169
34 Bottlenose Circuit, Waikiki WA 6169
2016-built compact beachside house | 3x2x2 with solar | 287m² lot limits yard | low-maintenance investor appeal
A modern, easy-care presentation is offered by this 2016 house, which is a rarity in its immediate beachside pocket where turnkey stock is consistently sought. Its efficient 111m² layout is well-suited to a small family, a couple, or an investor targeting low-maintenance rental demand. A tangible running-cost benefit is provided by the solar panels. This property is best matched to buyers prioritising convenience, minimal upkeep, and proximity to the coast over generous backyard space.
The value placed on this house may be tempered by its compact 287m² lot, by which future expansion or private outdoor space might be restricted. However, a firm offer could be underwritten by its strong rental potential, given the consistent demand for modern low-maintenance properties in this coastal suburb. Buyer interest might also be shaped by the overall market tone in the Rockingham area, yet the house’s well-maintained presentation is likely to remain a reliable price support.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Bottlenose Circuit, Waikiki WA 6169
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Waikiki is a coastal, family-oriented market where owner-occupiers dominate: 61% hold mortgages and homes are mostly 3-5 bedrooms. House prices sit near $730,000 after roughly 12% annual growth; units rose 28.8% to $554,000. Houses sell in 12-28 days, with 216-224 annual sales, pointing to liquid demand. Rents climbed 9.1% to $600 weekly, but gross house yield is 3.3%, below WA’s 4%, capping investor appeal. Unit activity is thin, with some periods recording no sales or rent. The 61% mortgage share leaves the market exposed to rate moves. Growth hinges on coastal lifestyle, established infrastructure, and steady family buyer demand.
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PropCred Estimated Value
Comparable Sales: 30 Bottlenose Circuit sold around $729,000 | Property Price Band: $700,000-$800,000 | Value Drivers: modern build, compact land, coastal low-maintenance location
Bedrooms
3
Bathroom
2
Parking
2
Land
287m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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