38/9 Citadel Way, Currambine WA 6028
38/9 Citadel Way, Currambine WA 6028
This is a two-bedroom, two-bathroom unit with two car spaces and a separate storage room in a low-rise complex built in 2013. It sits on a small lot within a 1.21-acre complex, with an estimated value around $615,000 and a list price of $699,000.
What is competitively strong about this property is its configuration in a suburb dominated by single-family homes. Two-bedroom units with two bathrooms and two car spaces are relatively rare in Currambine, giving it a distinct edge for downsizers and investors seeking low-maintenance living. The inclusion of a storage room and mirrored wardrobes in the master bedroom adds practical appeal. It sits within a quiet, family-oriented neighbourhood close to Currambine Primary School and College, making it suitable for first-home buyers or young couples. The complex itself is small, which often appeals to those wanting a more private, less crowded environment. Its position near local shops and parks further strengthens its livability.
Several factors might materially affect the value of this property. The 2021 sale price of $295,000 appears to be a data error, but it could create confusion for buyers comparing historical records. The lack of confirmed floor level and aspect means the unit’s orientation and natural light remain unknown, which may influence perceived value. The suburb’s limited public transport and distance from the beach are constraints that could affect resale appeal for some buyers. Ongoing infrastructure upgrades on nearby Currambine Drive may temporarily impact accessibility. Buyers should weigh these factors against the property’s strong configuration and location within a quiet, low-crime area when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 38/9 Citadel Way, Currambine WA 6028
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Currambine is an established northern suburb with strong appeal to professional families, evidenced by its dominant demographic and high rate of home ownership with mortgages. Demand is driven by this mature, high-income cohort, creating a stable and competitive market. Recent price trends show robust capital growth, supported by tight supply and rapid sales, indicating sustained buyer confidence. Future growth is underpinned by these fundamental demand drivers, though broader affordability constraints and borrowing capacity limits present a key sensitivity to economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
1.21 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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