7 Port Royal Drive Safety Bay WA 6169

Renovated 4-bedroom Safety Bay house | 680sqm block with 333sqm building | Convertible bar-to-bedroom layout | 85% owner-occupied street with low turnover This property offers a rare combination of generous internal space and a large, usable lot in a street where most residents are long-term owners—supply on Port Royal Drive is effectively nil, with only this house for sale. The 333sqm building footprint, including a formal lounge, separate family room, and a large dining area with outdoor access, provides a layout that suits families who need distinct zones for living and entertaining. The bar area convertible to a fifth bedroom adds flexibility that competing houses in this price bracket typically lack. The renovated kitchen and main bathroom, combined with built-in robes and an ensuite, mean the buyer avoids immediate capital outlay on updates. This house serves best for a family seeking a move-in-ready home in a stable pocket of Safety Bay, where owner-occupier dominance supports price resilience. The key risk is the property’s position within a 1989-built stock that, while renovated, may carry deferred maintenance in areas not yet touched—roof, plumbing, or electrical systems of that vintage should be inspected. The lack of recent comparable sales on the street means valuation relies on broader Safety Bay data, which shows 118 houses for sale, indicating ample choice for buyers and potential negotiation room. The opportunity lies in the lot size: at 680sqm with 49% site coverage, there is scope for future subdivision or a granny flat, subject to council approval, which could improve holding returns. The estimated weekly rental of $740 offers a solid yield if the buyer later decides to lease rather than occupy. Hold this property for the street’s low turnover and long-term capital growth trajectory, not for short-term flipping.