17 Francis St, Waikiki, WA 6169 | Property Value & History | OnTheHouse
FOR SALE

17 Francis St
Waikiki WA 6169

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 141m2
Land area: 350m2
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Property Details for 17 Francis St, Waikiki

17 Francis St, Waikiki is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 350m2 and floor size of 141m2.This Property is currently listed for sale with Ray White The Ialacci Group

Building Type
House
Year Built
2024
Floor Size
141m2
Land Size
350m2
Local Government
Rockingham
Lot/Plan
10/P420770

Last Listing description (July 2026)

Team Young, Ray White | The Ialacci Group, invite you to discover this exceptional coastal investment - an outstanding opportunity secured with a long-term Defence Housing Australia (DHA) lease in place until February 2029, plus a renewal option. Offering guaranteed income and minimal management, this is the definition of a set-and-forget investment in a high-demand coastal market.

With the growing Navy presence in the Rockingham region, demand for quality housing continues to strengthen, making now an excellent time to secure a property with proven performance and future upside.

Offering modern finishes, a practical layout and low-maintenance living, this well-presented three-bedroom home delivers the perfect blend of comfort, style and convenience.

Set on a 350sqm block with approximately 140sqm of internal living, this contemporary home is ideal for investors seeking a secure, easy-care asset in a sought-after location.

At the heart of the home is a light-filled open plan kitchen, living and dining area, creating a welcoming central hub for everyday living and entertaining. The modern kitchen is well-appointed with generous bench space, quality appliances and a fantastic walk-in pantry, offering excellent storage and functionality while overlooking the main living zones.

The master bedroom provides a comfortable retreat, complete with a walk-in robe and stylish modern ensuite featuring excellent storage. The remaining bedrooms are well-sized with built-in robes and are serviced by a central bathroom.

Adding further versatility to the floorplan is a dedicated study - an increasingly sought-after feature, ideal for those working from home, running a business, or easily adaptable as a potential fourth bedroom or additional living space depending on your needs.

A separate laundry with bench space and direct outdoor access adds further practicality to the home.

Step outside to the private, fully fenced front yard, complete with an undercover alfresco area - the perfect space to relax or entertain in a secure, low-maintenance setting suited to a busy lifestyle.

Complete with reverse-cycle air conditioning, a double garage and a functional single-level design, this home is designed for effortless, long-term performance as an investment.

Ideally located just moments from the stunning Waikiki coastline, as well as local schools, parks, shopping centres and transport links, this home offers a fantastic opportunity in a prime coastal position.

Currently leased through DHA at $710 per week, the property benefits from guaranteed rental income paid on time every time, regardless of vacancy. The lease includes annual independent rent reviews, with most non-structural maintenance covered by DHA, zero re-letting fees, and potential lease-end make-good provisions (refer to the DHA Lease Agreement), delivering a truly hands-off investment experience.
House plan available on request.

This DHA leased property is available for immediate sale on behalf of a DHA lessor and is subject to a DHA Lease Agreement. To learn more about investing with DHA, visit dha.gov.au. In accordance with DHA regulations, the property address cannot be publicly advertised.

Proudly marketed by Team Young - two dedicated agents working together to achieve the best possible result for our clients.

Disclaimer:
This information is provided for general purposes only and is based on details supplied by the Seller. While every effort has been made to ensure accuracy, interested parties should make their own independent enquiries.

Property History for 17 Francis St, Waikiki, WA 6169

A timeline of how this property has performed in the market
Last Sold
$285,000
07 Aug 2022
  • 06 May 2026
    Listed for Sale Offers Over $865,000
  • 11 Jan 2024
    Listed for Sale Not Disclosed
  • 01 Aug 2023
    Listed for Sale Not Disclosed
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About Waikiki 6169

The size of Waikiki is approximately 10.3 square kilometres. There are 25 parks, covering nearly 48.4% of the total area. The population of Waikiki in 2016 was 12396 people. By 2021 the population was 12453 showing a population growth of 0.5% in the area during that time. The predominant age group in Waikiki is 50-59 years. Households in Waikiki are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waikiki work in a trades occupation.In 2021, 75.00% of the homes in Waikiki were owner-occupied compared with 72.90% in 2016.

Waikiki has 5,270 properties. Over the last 5 years, Houses in Waikiki have seen a 129.78% increase in median value, while Units have seen a 164.34% increase. As at 30 June 2026:

  • The median value for Houses in Waikiki is $939,469 while the median value for Units is $722,255.
  • Houses have a median rent of $630 while Units have a median rent of $580.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Waikiki on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Waikiki.

Suburb Insights for Waikiki 6169

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.