4 Lifu Court, Cooloongup WA 6168
4 Lifu Court, Cooloongup WA 6168
4-bed cul-de-sac | 733mΒ² large lot | 8x4m pool & solar | 18% building coverage | first offered in 15 years
This property presents a compelling family proposition, distinguished by its large, under-utilised land parcel in a quiet cul-de-sac, a combination rare in this market. The 1987-built house is modest in footprint, but the significant outdoor space, inground pool, and recent premium additions like solar panels position it for both immediate livability and future potential. It is ideally suited for a family seeking established gardens, multiple car spaces, and proximity to schools within a stable, long-held neighbourhood.
The primary decision point is the price premium commanded for land size and pool against an older dwelling with low building coverage. This costs the buyer in immediate renovation potential versus paying for established amenities. The commercial logic favours holding as a long-term family home to amortise the entry cost, where the land component and scarcity of large lots will drive capital growth. Consider this a buy-and-hold asset, not a short-term project.
Recent comparable sales data is limited, but contextual listings indicate a premium:
– 4 Wills Court (nearby): Estimated value ~$660,000.
– 37 Inverness Court: 3-bed, 2-bath, 1-car listing from $699,000.
This property’s guide near $895,000 is substantiated by its larger land size, extra bedroom and car spaces, and premium pool, justifying a significant step above base stock.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Cooloongup presents as a tightly held, high-growth suburb where strong investor and owner-occupier demand is driving rapid price appreciation and swift sales. This demand is fueled by exceptional capital growth and rising rental returns, creating a competitive market with very low vacancy. Future performance hinges on sustaining this momentum against its established, mortgage-holding demographic and the inherent constraints of limited sales volume and rental supply.