95 Sicklemore Road, Parmelia WA 6167

95 Sicklemore Road, Parmelia WA 6167
Land size smaller than typical | Bushfire overlay active | 35% building coverage limits extension | School and rent demand uncertain The 130sqm footprint on 369sqm land restricts expansion options for a family buyer, and the bushfire overlay on a 2019 build adds compliance cost if you intend to modify the property later. Rental yield is below 4.5% even at the upper estimate, which makes this a hold-for-occupancy proposition rather than an investment flip. The lack of comparable sales within 60 days weakens price certainty, but the absence of flood or heritage overlays reduces insurance risk. If you plan to live here five years or longer, the modern construction and FTTP connectivity support capital preservation, not rapid growth. The 1,399 sq ft interior with two living areas and built-in robes is competitive against older stock in Parmelia, where 57% owner occupancy signals stable streets. The 85% owner rate on Sicklemore Road itself hints at low turnover risk, and the 5G coverage adds resale breadth for remote workers. This house suits a first-time buyer or small family seeking a lock-and-leave property with little maintenance liability, while a pure investor should target a higher-yielding zone in the same council area. For a buyer focused on long-term hold, the bushfire overlay and land constraint demand a professional building and pest inspection before proceeding to offer.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Parmelia presents as an affordable entry point within its region, attracting a younger demographic of predominantly working households. Demand is driven by strong sales activity and rapid turnover, reflecting a competitive market for houses. Recent price growth has been robust, supported by solid rental increases. Future momentum hinges on sustained demand for its established housing stock, though the market’s narrow focus on houses and slower turnover compared to adjacent suburbs presents a key constraint on liquidity and breadth.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

369mΒ²

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