76 Mary Street, Halls Head WA 6210
76 Mary Street, Halls Head WA 6210
3 bed 2 bath | 615mΒ² lagoon-facing lot | heritage & flood overlays | 1965 build with jarrah floors
This property presents a strong positional play in a sought-after pocket, directly opposite a lagoon, which creates immediate streetscape appeal and lifestyle value. Its three-bedroom, two-bathroom configuration on a 615mΒ² block is the dominant and most desirable format for family buyers in this area, further strengthened by rich original jarrah floors. The heritage overlay suggests established neighbourhood character, while the reliable fibre internet supports modern work-from-home needs. This house best serves a buyer seeking a long-term family home with space and a premium outlook, not an investor chasing high yield.
Proceed with acute due diligence on the noted flood overlay, as this directly impacts insurance costs and future capital risk. The withdrawn 2014 sale and current listing after a long hold since 2010 suggest motivated vendors, creating a negotiation opportunity. The estimated ~2.8% gross yield is weak; this is a capital growth proposition, not a cash flow purchase. Acquire only for permanent occupation, leveraging its scarcity value as a large, well-located block, and budget for inevitable updates to the 1965 build.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Halls Head is a coastal suburb experiencing robust demand, primarily driven by local trades-based households seeking established homes. This has fueled strong price growth and a rapid sales environment, with properties transacting swiftly. The market is characterised by tight listing levels, supporting continued upward pressure on values. Future performance will be influenced by sustained demand against constrained supply, though affordability pressures present a key constraint given the significant price appreciation observed.