59 Lilly Cres, West Busselton WA 6280
59 Lilly Cres, West Busselton WA 6280
Brick & tile 1990 build | 700sqm block with large workshop | 600m to beach | Two living areas, four bedrooms
This property presents a competitively strong offering based on its generous block size and substantial powered workshop, a rare feature that expands its utility beyond a standard family home. Its prime positioning within 600 metres of the beachfront and proximity to core schools and amenities creates a high floor of demand, best serving an owner-occupier seeking a low-maintenance, move-in ready home with significant space for hobbies, vehicles, or future expansion.
The decision hinges on the absence of recent comparable sales data, introducing pricing risk in a dynamic market. The commercial opportunity lies in leveraging the workshop’s income potential or the block’s subdivision feasibility, subject to due diligence. Given its configuration and location, this property is a hold for long-term capital growth, not a short-term trade.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
West Busselton is a mature coastal suburb with a stable, established demographic, positioning it as a lifestyle-focused market. Demand is primarily driven by local owner-occupiers, particularly those in their later working years, seeking long-term settlement. The market exhibits strong recent capital growth, though sales activity is measured with a slower turnover pace than the broader state. Future performance is underpinned by its coastal appeal but faces constraints from high entry prices and a potential affordability ceiling, which may temper the pace of future gains.