OFF MARKET

31/436 Safety Bay Road
Safety Bay WA 6169

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 115m2
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Last updated 16 Dec 2024
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Property Details for 31/436 Safety Bay Rd, Safety Bay

31/436 Safety Bay Rd, Safety Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 115m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1986
Floor Size
88m2
Land Size
115m2
Local Government
Rockingham
Lot/Plan
31/S013605

Last Listing description (April 2023)

About the location:Just a few lucky apartments at 436 Safety Bay Road are ocean facing and this is one! The sun setting in the west giving daily beautiful ocean sunsets from almost any room so you can bask in the afternoon glow. Ocean front means cool summer breeze to be taken advantage of. Safety Bay Beach (across the road) is renowned for water sport activities such as paddle boarding, kite surfing, snorkelling, kayaking and swimming. Penguin & Seal Islands are just minutes away and you have the very popular Barco cafe an easy stroll down the road. The apartment and complex:This well presented first floor (not ground floor) property has the WOW factor with wood floors, huge windows, and ocean views from most rooms. There are 3 bedrooms which is quite rare, meaning this apartment would also suit a family, not just singles and couples. The complex is secure and maintained with easy care gardens and a pool for residents use without having to do the hard work. There is also one undercover parking bay for the resident, with plenty of visitor bays and street parking locally so two cars wont be an issue.Features Include;* Ocean views!* Three spacious bedrooms * Over-sized living space in comparison to other units* Walk through kitchen with pantry* Double glazed windows on front to cut out any traffic noise* Enclosed sunroom area* Open air balcony adds to the living space* Split system reverse cycle air-conditioning* Internal laundry* Enclosed pool area* Pets allowed in the complex* Walk to the beach* Strata fees $1362.60 per quarter which includes building insurance* Council rates $1748.62* Water rates $877.98Investors: The property is tenanted with a long term tenant, current lease ending 9/2/2024 @ $350 per week. Current market value estimate $450 per week (based on other units currently up for rent also 3x1 ocean facing). This home is in a beautiful location which would be ideal for someone looking for a Airbnb suitable spot. There is at least one, 2 bedroom Airbnb is successfully operating from this complex. Feel free to give me a call for more information or just a chat on the current market. Appraisal requests are always welcome and this location is my specialty. Jade Shani 0401522584. This advertisement has been written to the best of our ability based upon the Sellers information provided to us. Whilst we use our best endeavours to ensure all information is correct, Buyers should make their own enquiries and investigations to conduct personal due diligence of the property.

Property History for 31/436 Safety Bay Rd, Safety Bay, WA 6169

A timeline of how this property has performed in the market
Last Sold
$340,000
27 Feb 2023
Listed for Rent
$340/w
17 Dec 2021
  • 27 Feb 2023
    Sold for $340,000
  • 09 Feb 2023
    Listed for Sale UNDER OFFER
  • 06 Dec 2021
    Listed for Rent $340 / week
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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 3,810 properties. Over the last 5 years, Houses in Safety Bay have seen a 103.88% increase in median value, while Units have seen a 109.69% increase. As at 30 November 2024:

  • The median value for Houses in Safety Bay is $774,400 while the median value for Units is $447,903.
  • Houses have a median rent of $570 while Units have a median rent of $493.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Safety bay on OnTheHouse. According to CoreLogic's data, 184 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.