Back 122 Safety Bay Rd
Off Market

122 Safety Bay Rd

Shoalwater WA 6169

3
1
3
1164 m²
House
Last sold for $520,000
Sharon DaveySharon Davey, last sold this property on 25 November 2021 after 28 days on market.

Overview

Under offer by Sharon Davey

This substantial brick and tile home is set on a one thousand, one hundred and sixty four square metre block with development potential in one of the areas most sought after suburbs and offers the astute buyer several options. You could choose to live in the home as is and enjoy the space with plenty of parking for your vehicles, boat, caravan or what have you. Alternatively, you may choose to rent the property out (remember the Perth rental market at the moment is HOT!) and 'land bank' the property while you consider your development options. Currently, the block is zoned R40 which would allow for three to four units to be developed on the block. In addition, there is the option to apply for an 'over 55's' development which would allow for a higher density code allowing additional dwellings to be constructed. You can fully preview this property by clicking the video link above where Sharon will walk you through the features of the property from front to back. Features: * Substantial brick & tile home * 1164m2 block zoned R40 * Current zoning offers option to develop 3 to 4 units * Further option available to apply for 'Over 55's' development zoning * 3 bedrooms * Study * 2 living areas * Split system air conditioning to living area * Side access * Workshop/garage in rear yard * Sewage connection available to front, south west corner of block * Please note: storm damaged fencing to be replaced prior to settlement * All development options subject to approvals from relevant authorities. * Current rental appraisal expected $370 - $390 per week Location Considered by many to be the jewel in the crown in the region, Shoalwater is a suburb in demand - and for good reason. Surrounded by ocean on three sides, a choice of any number of beaches, boat ramps, kayaking, windsurfing, fishing - Shoalwater residents get to enjoy a holiday lifestyle every day. And it's only a short drive to local and major shopping centres, Rockingham's famous restaurant and cafe strip and major transport links including the freeway and Perth to Mandurah train line are just a short drive away. For more information or to arrange a private viewing please contact Sharon Davey

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
1164 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Shoalwater over the last 12 months, the estimated median property value of 122 Safety Bay Rd is $905k.

Median value
$905k
Estimated value range
$630k - $2.3m
Median days on market
14
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Shoalwater. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 122 Safety Bay Rd

2024
Rented
Undisclosed
Leased on 10 Jun 2024 by Turner Estate Agents
2021
Sold
$520,000
25 Nov 2021 by Sharon Davey, of Chalk Property

Happy sellers in Shoalwater

92%
92% of sellers in Shoalwater reported that their sale price either exceeded or met their price expectations.

Shoalwater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Shoalwater over the last 12 months.

Local market activity for 3 bedroom houses in Shoalwater

In the last 12 months, 33 three-bedroom houses similar to 122 Safety Bay Rd, have been sold.

This represents a 20% increase in three-bedroom houses sales when compared to the previous 12 months.

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