40 Mileura Street, Golden Bay WA 6174

Modern coastal home | 822sqm with 327sqm build | 2020 construction | dual living zones | solar and outdoor spa This property presents a rare configuration edge in Golden Bay: a near-new, large-format home on a substantial lot with dual living zones and a study, serving families who need separation and space. The 2020 build with solar, reverse-cycle air, and outdoor spa reduces immediate upgrade costs and positions the house as a low-maintenance, energy-efficient holding. The fully fenced yard and secure parking for three cars appeal to buyers with children, vehicles, or pets. Best suited to owner-occupiers seeking a turnkey coastal family home with modern amenities and room to grow, rather than investors chasing rental yield. The primary risk is price—the listing sits above recent estimated value and the suburb shows low auction clearance, suggesting limited buyer urgency. The 2019 land sale history means no comparable house sale exists, making valuation uncertain. Opportunity lies in negotiating below the over-asking threshold, using the lack of recent sales data and the property’s short market time as leverage. Hold for medium-term capital growth tied to Golden Bay’s coastal demand and limited new supply; do not expect short-term flipping gains.