76 Penguin RoadSafety Bay WA 6169
Property Details for 76 Penguin Rd, Safety Bay
Last Listing description (January 2024)
Developer's dream, bathed in golden Western Australian sunshine, one street back from the shoreline and occupying a perfect 1012sqm rectangle with 20.1m frontage, this prime beachside allotment is zoned for multiple dwellings.R40 zoning and subject to council approval, the high-value site can accommodate up to eight, two bedroom units (see agent for plans).Stroll to Safety Bay Foreshore Reserve, supermarkets, retail offerings, cafes, well-serviced bus routes, Safety Bay Primary School plus moments from Safety Bay Senior High School and Rockingham Centre. In good working order, the current three-bedroom, one bathroom dwelling could be rented out quickly while you wait for approvals.Ripe for development and part of a rapidly expanding Safety Bay, the sky's the limit for this premium coastal opportunity.
Property History for 76 Penguin Rd, Safety Bay, WA 6169
- 26 Jul 2023Sold for $725,000
- 08 Jun 2023Listed for Sale UNDER OFFER
- 02 Nov 2020Listed for Rent - Price not available
Recent sales nearby
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0About Safety Bay 6169
The size of Safety Bay is approximately 4.7 square kilometres. There are 28 parks, covering nearly 18.8% of the total area. The population of Safety Bay in 2016 was 7407 people. By 2021 the population was 7662 showing a population growth of 3.4% in the area during that time. The predominant age group in Safety Bay is 60-69 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 2021, 78.30% of the homes in Safety Bay were owner-occupied compared with 75.60% in 2016.
Safety Bay has 3,815 properties. Over the last 5 years, Houses in Safety Bay have seen a 128.66% increase in median value, while Units have seen a 156.78% increase. As at 31 May 2026:
- The median value for Houses in Safety Bay is $1,009,830 while the median value for Units is $647,888.
- Houses have a median rent of $615 while Units have a median rent of $550.
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