50/95 Chalgrove Avenue Rockingham WA 6168
50/95 Chalgrove Avenue Rockingham WA 6168
| 2016 built | 2-bed, 2-bath | 72mยฒ internal | Rockingham courtyard unit |
This unit offers a rare configuration edge in Rockinghamโs market: a modern two-bedroom, two-bathroom floorplan with an ensuite, built in 2016, which positions it well against older stock. The light-filled living and sliding doors to a courtyard create a sense of space beyond its 72 square metres, appealing to downsizers or professionals seeking low-maintenance living near the coast. For a buyer, the key strength is the scarcity of this layout in the areaโmost comparable units are older or lack a second bathroomโwhich should support resale demand and rental appeal at an estimated $615 per week.
The primary risk is the bushfire overlay, which may affect insurance costs and lending appetite for some buyers, though it does not appear to have dampened recent sale activity. The land size of 104 square metres is modest, limiting future capital growth tied to land value, but the 2016 build reduces immediate maintenance exposure. An opportunity exists in the price gap between the current listing and the estimated value of $663,000, suggesting room for negotiation. Hold this property as a stable income-producing unit with moderate capital growth, best suited to a buyer prioritising low upkeep and consistent rental demand over speculative upside.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Rockingham’s coastal positioning offers a compelling lifestyle alternative with strong connectivity, attracting buyers and investors seeking relative affordability. Demand is driven by this coastal appeal, alongside robust investor activity drawn to the vibrant sales environment and competitive rental yields. The market demonstrates significant price momentum, with houses transacting swiftly, reflecting a high-growth, low-supply dynamic. Future growth is underpinned by sustained lifestyle demand and regional infrastructure, though affordability constraints relative to local incomes present a key market sensitivity.