40 Cascade Close, Safety Bay WA 6169

40 Cascade Close, Safety Bay WA 6169
Quiet cul-de-sac | backs onto reserve | no rear neighbours | generous 683sqm | design flexibility This vacant block offers a rare combination of a private, reserve-backed position in a quiet cul-de-sac with generous dimensions for a custom home. The absence of rear neighbours is a strong competitive edge, delivering immediate lifestyle appeal and long-term privacy that is scarce in this segment. It suits buyers seeking a blank canvas to build a coastal or family residence, with ample room for a pool and outdoor areas. The landโ€™s configuration supports a range of architectural styles, making it versatile for owner-occupiers or those building to hold. The primary risk is the extended settlement timeline, with offers closing May 2026, which may deter buyers needing immediate occupancy or those sensitive to market movements over that period. There is no existing structure, so all costs for design, approvals, and construction must be factored upfront. The opportunity lies in securing a well-positioned block in a tight cul-de-sac with a natural buffer, which typically holds value better than standard lots. Hold this land as a build-to-occupy or a longer-term land bank in a coastal corridor with steady demand.

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

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Market Insight:

Safety Bay is a mature coastal suburb with a stable, owner-occupied base. Demand is driven by local trades-based households and downsizers, attracted by its established character. The market is active, with houses selling swiftly and both houses and units demonstrating strong recent capital appreciation. Future growth is supported by sustained buyer activity and rising rental demand, though relative affordability pressures and variable selling periods indicate some market sensitivity.
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PropCred Estimated Value

Bedrooms

-

Bathroom

-

Parking

-

Land

683mยฒ

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