7B Coppercups Place Halls Head WA 6210
7B Coppercups Place Halls Head WA 6210
Elevated coastal block | Bay views | 1960s character home | 1012mΒ² with development scope | Tightly held location
This property presents a rare coastal holding on a substantial, elevated block with direct bay views, a combination scarce in this market. Its 1960s construction offers functional living space with renovation potential, while the large land parcel and workshop cater specifically to buyers seeking a lifestyle asset with future extension or subdivision scope. It best serves an owner-occupier valuing views and space over modern finishes, or a strategic investor targeting long-term land banking in a premium, tightly held pocket.
Primary risk lies in the significant data discrepancies on floor area and the 1990 last sale, obscuring true value and complicating finance. The bushfire overlay necessitates specific insurance assessments and may impact build costs. Proceed by commissioning a measured survey and pre-purchase bushfire report to quantify these liabilities. The commercial logic is anchored in the irreplaceable land position; this is a hold-and-adapt property, not a short-term trade. For a precise valuation benchmark and to clarify locality risks like bushfire insurance premiums, a PropCred report would provide critical, property-specific due diligence.
* **26 Cooranga Road:** Listed from $735,000 for a 2-bedroom house on a similar 1012mΒ² lot. This underscores the value premium for this property’s third bedroom and noted bay views.
* **Falcon 3-bedroom median:** $720,000. This property’s asking range sits notably above the suburb median, justified by its direct coastal positioning and larger, view-oriented block.
The comparable data confirms this home commands a premium for its location and land size, though precise valuation requires reconciling its unique attributes against the limited recent sales.
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.