OFF MARKET

3 Caribbean Drive
Safety Bay WA 6169

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 691m2
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Property Details for 3 Caribbean Dr, Safety Bay

3 Caribbean Dr, Safety Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1979. The property has a land size of 691m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1979
Floor Size
121m2
Land Size
691m2
Local Government
Rockingham
Lot/Plan
51/P011769

Last Listing description (November 2022)

Situated on a 691 block in the sought-after Caribbean Drive, is arguably the very best opportunity Safety Bay has to offer for those looking FLIP or invest and ADD instant value with a total cosmetic makeover. Location is always the most important element to consider when qualifying any possible investment.
According to Domain, Caribbean Drive is 95% owner-occupied with an average holding period of over 13 years. This is a stable community. 3 Caribbean has been lovingly owner-occupied since 1986.

3 Caribbean is centrally and very conveniently located within only a few minutes of all the local services and amenities including schools, shops, recreational destinations and of course the sandy white beaches and sparkling waters of the Indian Ocean. (examples listed below)

The home is a solid brick and tile construction and is mostly in its original state. It will be sold in an "AS IS / WHERE IS" condition and a Safety Certificate with respect to the RCD's and smoke alarms will be supplied prior to settlement.
3 Caribbean Drive represents a golden opportunity for the prudent investor to add instant value by upgrading the property with a make-over and either Flip the property, Rent the property or Live very comfortably in the modernised property - either way it is a rare Win/Win opportunity. There is even room to make additions to the property if required or even add a pool.

Property Features:
Entrance Hall with security door
Lounge/Dining - Is an expansive L-shaped area with views of both the front and rear gardens. There is a gas point, split RC air conditioner and ceiling fan
Kitchen - is galley style and is open to both the dining and family areas. There is an electric upright stove, fridge and microwave recesses and both overhead and under bench cupboards
Family/Meals - is open plan to the kitchen and overlooks and opens to the patio and back garden
Master Bedroom - is king size and includes a 4 door built in robe, ceiling fan and semi ensuite
Bedroom 2 - is queen-sized with a robe recess
Bedroom 3 - Is a king single size and access to enclosed patio
Bathroom - is spacious with a separate shower, bath and vanity with storage. Separate WC
Laundry - opens to the side

Outdoor Features:
Garage - is under the main roof and has personal rear access to the patio and rear garden
Patio - paved colour bond patio overlooks rear gardens
Enclosed Patio - accessed via 3rd bedroom
Garden Shed - includes a colour bond shed with window.

Locations:
Malibu School - 2 minute drive
Charthouse Primary School - 2 minute drive
Cooloongup Primary School - 4 minute drive
South Baptist College - 4 minute drive
Safety Bay Senior High School - 2 minute drive
Rockingham Senior High School - 3 minute drive
Waikiki Foreshore Beach - 3 minute drive
Waikiki Neighbourhood Shopping Centre + IGA - 2 minute drive
Waikiki Village Shopping Centre - 3 minute drive
Rockingham City Shopping Centre - 4 minute drive
Enclosed Dog Park - 2 minute drive
Fantasy + Dinosaur Park - 4 minute drive
Train Station Rockingham or Warnbro - 7 minute drive

3 Caribbean Drive represents a rare opportunity for the prudent purchaser to invest in a centrally and very conveniently located property and be able to add instant value and make $$$$$'s.
You are always welcome to contact Peter Padovan "0414 985 256" if you would like further information regarding this property. I am always happy to assist and look forward to your call.
"Flip, Nest Or Invest + Win-Win-Win"

Property History for 3 Caribbean Dr, Safety Bay, WA 6169

A timeline of how this property has performed in the market
Last Sold
$384,000
08 Aug 2022
  • 08 Aug 2022
    Sold for $384,000
  • 05 Aug 2022
    Listed for Sale From $369,000
  • 14 Mar 1986
    Sold for $54,000

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About Safety Bay 6169

The size of Safety Bay is approximately 4.7 square kilometres. It has 28 parks covering nearly 18.8% of total area. The population of Safety Bay in 2011 was 7,395 people. By 2016 the population was 7,414 showing a population growth of 0.3% in the area during that time. The predominant age group in Safety Bay is 50-59 years. Households in Safety Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Bay work in a trades occupation. In 2011, 74% of the homes in Safety Bay were owner-occupied compared with 75.6% in 2016.

Safety Bay has 3,809 properties. Over the last 5 years, Houses in Safety Bay have seen a 108.00% increase in median value, while Units have seen a 115.90% increase. As at 30 September 2024:

  • The median value for Houses in Safety Bay is $765,307 while the median value for Units is $464,128.
  • Houses have a median rent of $563 while Units have a median rent of $485.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Safety bay on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Safety bay.

Suburb Insights for Safety Bay 6169

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.