46 Panorama Drive, Preston Beach WA 6215

46 Panorama Drive, Preston Beach WA 6215
Elevated block with valley views | 723 sqm lot | inconsistent bed/bath counts | limited street supply The competitive strength of this property lies in its elevated position and the rare combination of a 723 sqm block with valley and scarp views on a street where only eight properties are currently available. It is configured as a detached house in a low-density coastal setting, which makes it most suitable for buyers seeking a view-oriented home with generous outdoor space rather than a compact beach unit. The larger block and elevated aspect are uncommon in this part of Preston Beach, giving the property a positional advantage that is difficult to replicate. The value of this property may be materially affected by the inconsistency in its listed configurationโ€”some sources show two bedrooms and two bathrooms while others show three bedrooms and one bathroomโ€”which could create uncertainty for buyers and lenders. The absence of a verified building age and renovation history, combined with the last recorded sale in 1998, means the condition of the improvements is an open question. The asking guide of Offers from $789,000 should be weighed against the need for a thorough building inspection and a confirmed floor plan before forming a price view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 46 Panorama Drive, Preston Beach WA 6215
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Market Insight:

Combining stunning natural landscapes with a relaxed community atmosphere, Preston Beach offers an unparalleled lifestyle that strongly appeals to sea-changers, local operators, and lifestyle upgraders. Driven by a structural undersupply of new housing and high lifestyle desirability, the local market has experienced strong recent price appreciation alongside exceptionally tight rental vacancies. While it perfectly suits lifestyle-focused buyers, it is important to watch out for the area’s seasonal economic fluctuations and stricter coastal building regulations.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

5

Land

723mยฒ

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