79 Lesueur Drive, Jurien Bay WA 6516
79 Lesueur Drive, Jurien Bay WA 6516
Ocean views | dual-living setup | 800mยฒ coastal lot | Airbnb/multi-gen ready
This property presents a rare, operationally flexible coastal holding. Its dual-living configuration with full kitchens on separate floors is atypical and creates a distinct competitive edge, serving either a large multi-generational household or a commercial short-term rental operation. The 800mยฒ lot in a sought-after pocket provides scarcity value and expansion potential not found in standard Jurien Bay offerings. The house is positioned for a buyer seeking utility over a standard residence.
The primary risk is demand concentration; the pool of buyers needing eight bedrooms is narrow, potentially impacting liquidity and capital growth pace. The commercial opportunity lies in actively managing the property for tourism, where the dual setup can generate revenue to offset holding costs. Acquire this as a hybrid lifestyle-investment, commit to active management if pursuing yield, otherwise hold as a long-term family compound where its configuration pays dividends in utility.
Recent comparable sales data is limited, with the property’s own last sale at $885,000 in June 2021. The absence of recent, direct local comparisons for a house of this scale necessitates a valuation derived from its functional attributes and land component rather than direct market evidence. This underscores the importance of a bespoke appraisal to anchor your offer.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 79 Lesueur Drive, Jurien Bay WA 6516
Market Insight:
Jurien Bay is a coastal market exhibiting strong momentum, with house and unit prices experiencing significant annual growth. Demand is driven by a mix of owner-occupiers and investors, attracted by the lifestyle appeal and supported by solid rental yields. The market is active, with properties transacting relatively quickly, indicating sustained buyer interest. Future performance will hinge on maintaining its appeal to both demographics, though its growth trajectory suggests a currently robust position within the regional landscape.