44 Leschenault Boulevard, Lake Coogee WA 6166
44 Leschenault Boulevard, Lake Coogee WA 6166
3 bed compact house | Newer coastal pocket | Low-maintenance family appeal | Park-adjacent street | Bushfire overlay noted
This house holds a clear competitive edge in its immediate pocket: a low-maintenance, modern build on a manageable 375 m² lot, positioned on a tidy, newer street that suits buyers wanting coastal proximity without the upkeep of an older or larger holding. Its three-bedroom, two-bathroom layout is slightly more compact than the prevalent four-bedroom stock nearby, but that very configuration makes it a strong fit for downsizers, young families, or those prioritising location and ease over sheer internal space. The estimated value of $1,368,000 aligns with a newer, well-finished house in a suburb where owner-occupiers dominate and demand centres on quiet, beach-adjacent living.
Value may be shaped by a few practical considerations. The bushfire overlay on the property record could influence insurance costs or buyer caution, though it does not necessarily detract from liveability. Its smaller bedroom count might limit appeal to larger families, potentially narrowing the buyer pool compared to four-bedroom neighbours. Conversely, the house’s modern finishes, efficient land size, and location near Coogee Beach and parkland could support strong interest from those seeking a turnkey coastal home. Buyers should weigh these factors against their own priorities.
Detailed Independent Property Report prepared by PropCred Analyst team for 44 Leschenault Boulevard, Lake Coogee WA 6166
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Lake Coogee is a tightly held coastal suburb in Perth’s Rockingham corridor, with a skewed buyer profile: 63% of owners are mortgaged and 52% of residents are actively purchasing, confirming leveraged, family-led demand in a market where 51% of households are couples with children. Prices show momentum but conflicting reads: median house values range from $925,000 (REIWA) to $1.095 million (property.com.au), with annual growth between 6.3% and 21.1% depending on the source; 4-bedroom houses sit at $1,025,000. Turnover is exceptionally fast—median days on market run 7 to 47 days, with 3-bedroom homes selling in 13 days—and annual sales volume is thin at 52 to 63, underpinning scarcity. Gross rental yields of 3.5% to 4.3% and weekly rents of $800 to $885 offer modest investor support. Key constraints are affordability: entry at $758,000 for 3-bedrooms and high mortgage concentration leave limited buffer to rate rises. Supply is a dual risk: just 7 to 9 listings last month and an untested unit market with
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PropCred Estimated Value
Comparable Sales: 9 Wading Place sold June 2025 at $1,430,000; 42 Leschenault Boulevard sold May 2025 | Property Price Band: $1.3M–$1.4M | Value Drivers: Modern condition, compact land efficiency, coastal street location
Bedrooms
3
Bathroom
2
Parking
2
Land
375m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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