443 Burns Beach Road, Iluka WA 6028

443 Burns Beach Road, Iluka WA 6028
4 beds | 260sqm Ross North build | 746sqm near Burns Beach | 6 days on market The property’s competitive edge lies in its combination of a premium Ross North build with a substantial 746sqm lot in a coastal pocket where larger blocks are increasingly rare. The high ceilings and extra-tall doorways create a sense of volume that typically commands a premium in this market, while the 260sqm internal area positions it well above the median for four-bedroom homes in Iluka. This house serves buyers who prioritise space and build quality over turnkey finishes, particularly families seeking proximity to Burns Beach Primary School and the coastal path. The short time on market suggests either strong initial interest or realistic pricing relative to the suburb’s $1.6125m median for four-bedroom houses. The primary risk is the property’s position on Burns Beach Road, a thoroughfare that may deter some buyers despite the desirable location, potentially narrowing the buyer pool and extending holding periods if resale is required within five years. The 2019 sale at $960,000 indicates significant capital growth, but this also means the current price already reflects much of the suburb’s recent uplift. For a buyer, the opportunity is to secure a quality build on a large lot without paying a premium for a quiet cul-de-sac, then add value through landscaping or minor updates. Hold this property for at least seven years to ride out any market softening and capture the long-term scarcity value of the land.

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

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Iluka is a high-performing coastal suburb characterised by strong family demographics and premium positioning. Demand is driven by affluent owner-occupier families seeking quality education and lifestyle, supported by high household incomes. The market exhibits exceptional capital growth and rapid sales, indicating deep buyer competition. Future performance is underpinned by sustained family demand and limited unit supply, though high mortgage exposure presents a sensitivity to economic conditions.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

746mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat