8/25 Gicha Close, Lake Coogee WA 6166

8/25 Gicha Close, Lake Coogee WA 6166
| Lake Coogee townhouse | quiet cul-de-sac | no overlays | built 2014 | minor size variance across records | This property presents a low-risk purchase. The primary risk is the lack of comparable sales data currently available, which makes precise valuation difficult. The buyer pays for that uncertainty, but the established 2014 build and absence of flood, bushfire, or heritage overlays remove major structural risk. The lot size of 227mΒ² and internal 158mΒ² offer a rare balance of space for a townhouse. The property is best held for stable owner-occupation. It is not suited for high-yield speculation without rental data. The competitive advantage here is the rare combination of a quiet cul-de-sac position with direct access to Lake Coogee walking trails and Albion Park. For a downsizer or small family, the master ensuite with dual showerheads and the private timber-decked courtyard provide genuine lifestyle utility in a low-maintenance format. The double garage with extra storage is a practical differentiator. This property serves a buyer who prioritises immediate livability and coastal proximity over rental arbitrage. Given the absence of comparable sales, a building and pest inspection is the single non-negotiable next step before submitting an offer.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Lake Coogee is a tightly held coastal suburb positioned for family-oriented purchasers, with demand driven predominantly by leveraged couples with children seeking established housing. The market exhibits strong price momentum and competitive conditions, evidenced by rapid sales turnover and constrained listing volumes. Future growth is underpinned by sustained buyer interest in a low-supply environment, though affordability pressures and a reliance on mortgaged buyers present sensitivity to economic conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

227mΒ²

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