63 Mindarie Drive, Quinns Rocks WA 6030
63 Mindarie Drive, Quinns Rocks WA 6030
Two-storey 1970s beach house | elevated 990m² block | subdivision potential | direct proximity to Quinns Beach
This property presents a rare combination of immediate coastal amenity and future development optionality. The elevated 990m² block, now subdivided with a separate 509m² battle-axe lot, allows a buyer to hold the existing two-bedroom house while extracting value from the rear parcel. The 1970s dwelling is modest but functional, with ocean views and multiple living areas that support a beachside lifestyle. This configuration suits an investor seeking land banking with rental income, or a buyer wanting to live near the beach while retaining the ability to develop later. The location in Old Quinns Rocks, a tightly held enclave, reinforces long-term demand.
The primary risk is the age and condition of the existing house, which may require updating to achieve market rent or comfortable living. The subdivision is already completed, so the buyer must assess whether the rear lot’s access and dimensions align with intended use. The property’s appeal is strongest for those who value land position over immediate dwelling quality. The opportunity lies in holding a prime coastal block with a separate development lot, offering flexibility to build, sell, or hold as the area matures.
Detailed Independent Property Report prepared by PropCred Analyst team for 63 Mindarie Drive, Quinns Rocks WA 6030
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Quinns Rocks is a sought-after coastal suburb where the premium lifestyle and community appeal drive strong demand, particularly from buyers seeking a beachside setting. This has created a highly competitive market with houses selling exceptionally quickly, reflecting robust buyer urgency. Recent price growth has been notably strong, supported by tight rental conditions and very low vacancy rates. Future prospects are underpinned by its coastal appeal, though the premium pricing relative to neighbouring areas and a virtually non-existent unit market highlight constraints on affordability and diversity of housing supply.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
990m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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