3A/297-299 West Coast Highway, Scarborough WA 6019

3A/297-299 West Coast Highway, Scarborough WA 6019
West Coast Highway location | 2-bed unit in large complex | Scarborough Primary & Churchlands High catchments | Bushfire overlay present This unit is positioned for a specific buyer, trading internal space for location and school access. Its estimated value sits significantly above the suburb median for two-bedroom units, indicating a premium attached to its catchment or positional attributes. The property best serves an owner-occupier prioritising those school zones or an investor targeting long-term rental demand from families seeking the same. The single car space and modest internal area are typical compromises for the area. The primary financial consideration is the price premium, approximately 26% above the local median, which must be justified by the school catchments and future capital growth. A bushfire overlay necessitates specific insurance enquiries and may affect holding costs. The rental yield is moderate, suggesting this is a growth-oriented purchase rather than a high-income investment. Proceed only after a strata report clarifies complex finances and a PropCred report validates the premium with real sales evidence, while detailing locality risks and accurate insurance costs.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Scarborough is a premier coastal suburb experiencing robust demand, driven by its appealing lifestyle and proximity to the city. The market is characterised by strong price growth across both houses and units, with houses transacting swiftly, indicating a competitive environment. Future demand is underpinned by its enduring coastal appeal and ongoing development, though its established premium pricing presents a natural constraint on affordability for some segments.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

63mΒ²

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