5 Swan Avenue, Collie WA 6225
5 Swan Avenue, Collie WA 6225
3-bedroom brick home | 700sqm block | Collie WA | no overlays | strong owner-occupier street
The property’s strongest signal is its position on a 700sqm lot in a street where 90% of properties are owner-occupied and 84% held by long-term residentsโthis suggests a stable, low-turnover micro-market that supports capital preservation. The 1980 build with 231sqm of floor space is generous for a three-bedroom house, giving it an edge over newer, smaller infill product. For a buyer seeking a solid family home in Collie, this property offers a rare combination of usable land, established street character, and no bushfire or flood overlays, which reduces insurance and holding uncertainty. It suits a long-term occupant or a buyer who values land content over cosmetic finish.
The main risk is that the estimated value range of $470kโ$700k is wide, reflecting low recent sales evidence on the street and a market where 96 sales this year suggest moderate liquidity but no auction clearance data to test demand. The 2015 sale at $255k is now a decade old and irrelevant for pricing, so the buyer must rely on broader suburb median of $460k rather than a direct comparable. The opportunity lies in the land-to-building ratioโ700sqm with 33% coverage leaves room for future subdivision or a granny flat, subject to council approval. Hold this property as a land bank with rental income potential around $590 per week, or improve and hold for five years to capture Collie’s gradual price growth.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Collie presents as a high-growth regional market, driven by strong demand for affordable housing and a community-oriented lifestyle, attracting families and investors. Recent price trends show exceptional capital growth, supported by a tightly held rental market with low vacancy. Future prospects are underpinned by ongoing infrastructure improvements, though the market faces constraints from limited local amenities and regional economic sensitivity.