4/11 Louise Street, Rockingham WA 6168

4/11 Louise Street, Rockingham WA 6168
3-bed unit | 3 car bays | 86sqm living | Rockingham near beach This three-bedroom unit offers an unusually strong parking provision with three car bays, a rare advantage for an apartment in this price bracket. The 86-square-metre internal area is competitive for a unit of this configuration, and the covered alfresco area with low-maintenance backyard adds genuine outdoor living space that many apartments lack. The property suits buyers seeking a coastal lifestyle within a short drive to the beach, with local schools and amenities within walking distance, making it appropriate for owner-occupiers or investors targeting stable rental demand in a suburb with 50% growth. The main risk is the single bathroom, which may limit appeal for families or tenants seeking greater convenience. The property last transacted in 2013, so there is limited recent price evidence for comparison, though the street profile shows high owner-occupancy at 75%, suggesting neighbourhood stability. The rental yield of 3.6% is moderate, and buyers should verify whether the split-system air conditioning covers all living areas adequately. There is an opportunity to add value through minor updates to the bathroom or kitchen, though the unit is presented as move-in ready.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4/11 Louise Street, Rockingham WA 6168
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Rockingham’s coastal positioning offers a compelling lifestyle alternative with strong connectivity, attracting buyers and investors seeking relative affordability. Demand is driven by this coastal appeal, alongside robust investor activity drawn to the vibrant sales environment and competitive rental yields. The market demonstrates significant price momentum, with houses transacting swiftly, reflecting a high-growth, low-supply dynamic. Future growth is underpinned by sustained lifestyle demand and regional infrastructure, though affordability constraints relative to local incomes present a key market sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

86m²

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