89/510 Marmion Street, Booragoon WA 6154
89/510 Marmion Street, Booragoon WA 6154
retirement villa | shared amenities | east-facing and light | downsizer appeal | mid-$700k value
This property sits within a master-planned retirement village on a large 5.27-hectare site, offering a lifestyle configuration rare in Booragoon’s standard housing stock. The three-bedroom, one-bathroom villa with a second toilet and ducted air conditioning is competitively positioned for downsizers seeking low-maintenance living without leaving established suburb convenience. The east-facing layout, updated kitchen with integrated appliances, and high-quality flooring make the interior feel current and easy to live in. On-site amenities including a heated pool, spa, gym, mini golf, clubhouse, and bowling green add genuine daily value that a standalone house cannot match. This property serves best buyers who prioritise community, security, and convenience over private land.
The value of this villa may be influenced by its tenure within a retirement village, which can affect resale buyer pool and financing options compared to standard freehold property. The single bathroom and one car space may limit appeal for anyone needing more flexibility. Ducted air conditioning and the second powder room are positive features that support comfort and practicality. Buyers should weigh the ongoing village fees and governance rules against the lifestyle benefits, as these may affect long-term affordability and exit strategy. The estimated value around mid-$700,000 reflects the premium for amenity-rich, low-maintenance living in a sought-after location near shops, transport, parks, and medical services.
Detailed Independent Property Report prepared by PropCred Analyst team for 89/510 Marmion Street, Booragoon WA 6154
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Renowned for its excellent connectivity and vibrant lifestyle, Booragoon delivers a premium residential experience that fiercely attracts established professionals and affluent upgraders. Properties here have seen robust, sustained price compounding recently, functioning as a highly resilient market perfectly suited for buyers seeking a forever home or a blue-chip investment. While it offers an elite everyday lifestyle, buyers should watch out for premium entry price points and closely assess the strata limits on older apartment complexes.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
5.27 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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