8/176 Elliott Road, Scarborough WA 6019

8/176 Elliott Road, Scarborough WA 6019
compact 2×1 unit | 49mยฒ coastal footprint | strong value growth pattern | first-home and investor appeal This property occupies a niche in Scarboroughโ€™s apartment market where low-maintenance coastal living and entry-level pricing converge. The 49mยฒ floor area is compact but functional for a two-bedroom configuration, and the buildingโ€™s recent comparable sale at unit 4/176 Elliott Road shows a price trajectory from $228,000 in 2017 to $575,000 in 2025, indicating sustained demand for this address. The unit is best suited to first-home buyers seeking a foothold in the coastal strip, downsizers trading garden maintenance for beach proximity, or investors targeting a low-entry strata property with demonstrated capital growth. Its position in Scarborough places it within walking distance of the beach and local amenities, which supports ongoing buyer interest. The main factor a buyer should weigh is the buildingโ€™s age and condition, as no construction year or renovation history has been confirmed, and older strata properties may carry higher ongoing levies or require special levies for common-area upgrades. The 49mยฒ floor area may also limit access to some lendersโ€™ minimum size requirements for standard mortgages, which could narrow the buyer pool. While the building-level growth is encouraging, the lack of direct comparable sales for this specific unit means the asking price should be tested against a formal building inspection and a review of the strataโ€™s financial health and sinking fund.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 8/176 Elliott Road, Scarborough WA 6019
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Market Insight:

Scarborough is a premier coastal suburb experiencing robust demand, driven by its appealing lifestyle and proximity to the city. The market is characterised by strong price growth across both houses and units, with houses transacting swiftly, indicating a competitive environment. Future demand is underpinned by its enduring coastal appeal and ongoing development, though its established premium pricing presents a natural constraint on affordability for some segments.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

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