5 Rainbird Place, Dunsborough WA 6281

Rebuilt 2023 | Quiet cul-de-sac | Walk to beach & town | Premium finishes on 603sqm This property presents a compelling opportunity as a near-new, high-specification residence in a tightly held Old Dunsborough location. Its complete 2023 rebuild delivers a modern, low-maintenance home with multiple living zones, positioned within walking distance of prime coastal amenities. This combination of contemporary quality and superior convenience is rare, ideally serving an owner-occupier seeking a permanent or holiday home with immediate livability and no renovation outlay. The primary consideration is the price premium commanded for its new condition and location, against a backdrop of limited recent comparable sales data to definitively anchor its value. The significant uplift from its 2020 sale price reflects the cost of the rebuild, not just land appreciation. Acquire this property to secure a turnkey coastal lifestyle asset; its construction quality and position should support long-term capital stability, though its yield as a rental is untested. Proceed with a valuation focused on replacement cost and recent sales of similar quality homes in the precinct.