FOR SALE
Offers Above $359,000

3/171-173 Safety Bay Road
Shoalwater WA 6169

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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ADORABLE UNIT IN BEACHSIDE LOCATION! INVESTORS DREAM!!

Ray White The Ialacci Group are pleased to present to market, unit 3, 171-173 Safety Bay Road Shoalwater! This 3 bedroom, 1 bathroom ground floor unit represents an incredible long term investment opportunity! Currently tenanted until late October 2025 at $430 per week.
Features of your new investment include:
- 3 bedrooms and a renovated bathroom
- New flooring throughout
- Recently painted
- Sought after beachside location
- Low maintenance unit
- Strata complex of 8
- Close to schools, shops and minutes from sparkling beaches
- Fantastic long term investment opportunity
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Property Details for 3/171-173 Safety Bay Rd, Shoalwater

3/171-173 Safety Bay Rd, Shoalwater is a 3 bedroom, 1 bathroom Unit. The place is currently for sale with Ray White The Ialacci Group.

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About Shoalwater 6169

The size of Shoalwater is approximately 2.5 square kilometres. It has 14 parks covering nearly 19% of total area. The population of Shoalwater in 2011 was 3,846 people. By 2016 the population was 4,103 showing a population growth of 6.7% in the area during that time. The predominant age group in Shoalwater is 50-59 years. Households in Shoalwater are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shoalwater work in a trades occupation. In 2011, 56.9% of the homes in Shoalwater were owner-occupied compared with 60.7% in 2016.

Shoalwater has 2,603 properties. Over the last 5 years, Houses in Shoalwater have seen a 96.99% increase in median value, while Units have seen a 87.36% increase. As at 30 November 2024:

  • The median value for Houses in Shoalwater is $792,149 while the median value for Units is $403,967.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Shoalwater on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Shoalwater.

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Taryn Ciraulo
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Ray White The Ialacci Group
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