5 Regatta Way, Alkimos WA 6038
5 Regatta Way, Alkimos WA 6038
3 bed, 2 bath, 2-car house | 167 mยฒ floor area on 360 mยฒ block | built 2013 | study and theatre room included
This property is competitively strong for its size and configuration within a coastal suburb. The 167 mยฒ internal area with three separate living spaces, including a dedicated study and theatre room, is uncommon for a standard suburban house of this age and places it above typical entry-level stock. Its low-maintenance 360 mยฒ lot with fresh paint and new floorboards makes it move-in ready for a young family or downsizer seeking a functional home without extensive upkeep. The property serves best an owner-occupier who values multiple living zones and a separate workspace over a large garden.
The sale price may be influenced by the property’s position within a newer estate where land size is modest but internal space is generous, which often appeals to buyers prioritising interior comfort over outdoor area. Its rental yield potential near $720 per week might attract an investor, though the price paid could reflect a premium for the study and theatre room. A buyer should weigh whether these features justify a higher entry cost compared to simpler three-bedroom houses in the same suburb.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 5 Regatta Way, Alkimos WA 6038
Market Insight:
Alkimos is a developing coastal suburb experiencing robust property growth, driven by strong demand from owner-occupiers and investors. This is evidenced by exceptionally quick sales times and rising rental returns. Recent price trends show significant annual growth, supported by high sales volumes and ongoing infrastructure projects which serve as key future drivers. The market’s primary constraint is its sensitivity to broader economic conditions, given the high proportion of mortgaged owners.