22 Woodloes Street, Piara Waters WA 6112

Property condition unknown | no bushfire, flood or heritage overlays | Piara Waters primary and high school within 0.6 km | 62% building coverage may limit future changes. The 2018 build sits on a 375m² lot with solar panels and a swimming pool, but the 62% building coverage restricts any future extension or subdivision without council variation, which could cost time and money. Rental income of $830 per week is solid for the area, though valuation estimates swing from $770,000 to $1,135,000, creating a wide price range that demands careful market comparison. This property holds as a family home rather than a development play. The house is competitively rare for Piara Waters because 90% of Woodloes Street is owner-occupied, implying stable neighbourhood quality. Features like solar panels and FTTP broadband are secondary perks, but the proximity to two public schools and the Catholic college within 2.4 km strengthens its appeal for families. This property serves best as a long-term hold for buyers prioritising school catchment and low natural hazard risk. Comparable sales in Piara Waters show four-bedroom houses around $995,000 median, so the $1,050,000 estimate aligns with area trends but the $770,000 figure suggests possible overpricing risk. To confirm true market value book a full comparable sales report from PropCred before any offer decision.