41/14 Westralia Gardens, Rockingham WA 6168
41/14 Westralia Gardens, Rockingham WA 6168
Prime edge in an ageing market | Unit in an owner-occupied complex | Premium above median demands scrutiny | Heritage overlay adds uncertainty
This unit sits inside a complex where 95% of residents are owner-occupiers and 81% are long-term holders, which is rare for an apartment building and typically signals tighter management, quieter living, and lower turnover risk. The 58m² internal footprint is compact but workable for a downsizer or investor targeting stable occupancy, and the recent $460,000 sale of a comparable unit in the same complex provides a clear recent floor for value. However, the asking position well above that number means the buyer is paying for condition, floor level, or view rather than complex fundamentals. The heritage overlay introduces a non-negotiable constraint on future alterations and may affect insurance or lender appetite.
The primary risk is price relativity: the unit is offered at a significant premium to the local median and to a near-identical sale within the same building. The 2024 sale price is not disclosed, but the gap to the April 2025 sale suggests the vendor’s expectation may outpace the market’s willingness. On opportunity, the demographic tilt toward older, long-term residents and the very low rental proportion point to a complex that should hold value better than high-turnover buildings. For a buyer who values stability over upside and can negotiate firmly off the recent comparable, this could be a low-maintenance hold in a coastal suburb with reasonable school access and 5G connectivity.
Detailed Independent Property Report prepared by PropCred Analyst team for 41/14 Westralia Gardens, Rockingham WA 6168
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
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
2
Bathroom
2
Parking
1
Land
1898m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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