61 Pickworth Retreat, Pelican Point WA 6230
61 Pickworth Retreat, Pelican Point WA 6230
Dale Alcock build, estuary views, cul-de-sac positioning.
The four-bedroom, two-bathroom residence occupies 579 square metres with a building footprint of 285 square metres across two car spaces. The home overlooks the estuary inlet from its quiet cul-de-sac location, a positioning that typically commands premium pricing in this market segment.
Configuration and layout: The property offers standard family accommodation with dual bathrooms and two open car spaces. Building coverage sits at 49 percent of the lot, indicating retained outdoor space. Ground elevation is 3 metres with a roof height of 5 metres, suggesting moderate flood risk exposure, which aligns with the detected flood overlay on the title.
Market positioning and buyer profile: This property targets established families and downsizers seeking waterfront proximity without full waterfront pricing. The Dale Alcock construction quality appeals to buyers prioritising build integrity over renovation potential. The cul-de-sac setting attracts those valuing privacy and reduced through-traffic, particularly relevant for families with school-aged children.
School catchment and demographics: The property falls within Eaton Primary School and Eaton Community College intake areas. Pelican Point demographics skew toward families and retirees, with 30 percent of residents aged 40-59 and 29 percent aged 60 and above. The 27 percent under-20 demographic indicates established family communities rather than young professional concentration.
Risk factors and overlays: Bushfire and flood management overlays present material considerations. These overlays trigger specific planning controls for any future development applications and may impact insurance premiums and borrowing capacity. The property was last sold previously, indicating a holding period for the current owner, suggesting either strong capital appreciation or limited market activity at this price point.
Infrastructure and connectivity: NBN Fibre to the Node and 4G mobile coverage provide reliable connectivity. Proximity to Bunbury’s city centre offers urban amenities while maintaining suburban character. The location sits approximately 1.4-3 kilometres from comparable recent sales activity.
Demand and listing trajectory: The property entered the market during autumn with an asking price above estimated value ranges, suggesting either vendor expectations above current market consensus or positioning for negotiation. The nine-day listing window at the time of data capture indicates moderate initial market interest.
Growth drivers and opportunities: Estuary views provide differentiation within the broader Pelican Point supply. The cul-de-sac positioning and school proximity support stable demand from family buyers. However, the bushfire and flood overlays may limit appeal to investors and buyers seeking development potential. Rental yield prospects remain constrained by the overlay restrictions and family-oriented positioning, which typically commands owner-occupier premiums over investment returns.
Summary: The property represents a mid-to-premium positioning within Pelican Point’s market, suited to established households prioritising location amenity and build quality over development upside or aggressive capital growth expectations.
Detailed Independent Property Report prepared by PropCred Analyst team for 61 Pickworth Retreat, Pelican Point WA 6230
Market Insight:
Combining stunning natural landscapes with a relaxed community atmosphere, Pelican Point offers an unparalleled lifestyle that strongly appeals to sea-changers, local operators, and lifestyle upgraders. Driven by a structural undersupply of new housing and high lifestyle desirability, the local market has experienced strong recent price appreciation alongside exceptionally tight rental vacancies. Despite its undeniable lifestyle appeal, buyers should watch out for distinct seasonal rental cycles and carefully assess local zoning limits if planning to run short-stay accommodation.