38/26 Sharpe Avenue, Pegs Creek WA 6714

38/26 Sharpe Avenue, Pegs Creek WA 6714
Below are raw research notes for 38/26 Sharpe Avenue, Pegs Creek WA 6714 based on the available results. ## Property identity The property was listed for sale as a unit in Pegs Creek. 2bed 2013 built unit | strong rental yield pocket | compact 137sqm lot | variable bathroom and parking data The property is regarded as competitively strong in its suburb due to its 2013 construction and compact low-maintenance format, features that are relatively uncommon in Pegs Creek’s housing supply. It serves buyers who value rental yield potential or lock-and-leave convenience, with the building showing clear demand from investors and owner-occupiers alike. The two-bedroom layout, despite inconsistent records on bathroom and parking counts, is still seen as functional and appealing for a modern apartment of its size. Its position in a limited apartment market adds to its appeal for those seeking newer stock without the upkeep of a detached house. The value of this unit may be affected by discrepancies in public data regarding its bathroom and parking numbers, which could introduce uncertainty for buyers comparing similar properties. A lack of verified detail on internal finishes and shared amenities might also influence how its price is judged. These factors should be weighed carefully when forming a view on the property’s worth.
Detailed Independent Property Report prepared  by PropCred Analyst team for 38/26 Sharpe Avenue, Pegs Creek WA 6714
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Pegs Creek is positioned as a high-demand suburb within Karratha, characterised by a significant undersupply of both houses and units. Demand is driven by a tight rental market, with vacancy rates critically low and a high proportion of renters, creating strong investor appeal. Recent price trends show robust growth, supported by quick sales and a market shifting in favour of sellers. Future growth is underpinned by this sustained undersupply, though key risks include a notable decline in sales volume and new residential development lagging behind demand.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

137m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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