6/46 Angove Drive, Hillarys WA 6025

6/46 Angove Drive, Hillarys WA 6025
Strata apartment, 3x2x2 | Built 2017 | Zahra complex | Coastal precinct | Resort amenities This is a competitively rare configuration for Hillarys, where detached houses dominate and premium apartment stock is thin. The 155 m² lot holds a modern strata unit with lift access, secure basement parking, and shared pool and café facilities — a lock-and-leave product that suits downsizers, professional couples, and coastal lifestyle buyers who want beach proximity without garden maintenance. The west-facing terrace, noted on a comparable unit in the same building, offers sunset outlooks, and the 2017 build means modern finishes like Miele appliances, stone benchtops, and split-system air-conditioning are already in place. It sits opposite beaches and near Whitfords Nodes, giving it a strong lifestyle-led demand base. This unit serves buyers prioritising convenience, security, and amenity over land size. The bushfire overlay may introduce planning constraints, though it does not appear to have hindered recent sales in the complex. Strata levies will apply, and the shared-title structure means less control over external changes than a standalone house. The mixed-use classification of the site may affect financing options for some buyers, so lender appetite should be confirmed early. Resale depth is narrower than for family housing in the suburb, but the building’s transaction history suggests steady turnover. The 3x2x2 configuration with premium finishes likely holds value better than smaller units in the same development, particularly given the two secure car bays and lift access.
Detailed Independent Property Report prepared  by PropCred Analyst team for 6/46 Angove Drive, Hillarys WA 6025
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

Hillarys, in northern Perth, is a premium coastal family market anchored by the Mitchell Freeway and Hillarys Boat Harbour. Demand is driven by professional households attracted to the coastal setting, with high owner-occupancy and selling times of 12–15 days. House prices have climbed to a median near $1.48 million, with annual growth of 10.8–15%, while units lag at $750,000–$812,500 and softer growth. Tight supply is evident from 0.43% vacancy and modest sales volumes of roughly 162–179 a year, sustaining rental pressure: houses average $925 weekly and units $750. Future growth is tied to coastal amenity and freeway access, but affordability is a constraint: high entry prices and large mortgage repayments leave owners rate-sensitive, and 20% year-on-year variation in stock levels adds supply-side uncertainty.
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PropCred Estimated Value

Comparable Sales: 8/46 Angove Drive sold 2025, 3×2 apartment; 1/46 Angove Drive sold, 1×1 luxury unit | Property Price Band: $700K–$800K | Value Drivers: West-facing terrace, 2017 build condition, secure parking and lift access

Bedrooms

2

Bathroom

2

Parking

2

Land

126m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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