247 Third Street, Wonthella WA 6530

247 Third Street, Wonthella WA 6530
4-bedroom character house | Wonthella central position | 2 bathrooms | strong suburb growth This property presents a rare buying opportunity in a suburb with 13.7% annual median growth, where the 4-bedroom configuration exceeds the typical local stock. The central positioning in Wonthella adds convenience appeal for families or investors seeking tenants, while the character features differentiate it from newer builds in the area. The property serves buyers who prioritise space and location over modern finishes, particularly those looking to capture ongoing capital appreciation in a market where comparable sales at 243 Third Street confirm strong demand. The absence of garage space and unspecified land size introduces valuation uncertainty, requiring buyers to verify these details before committing. The 2010 sales history without further data limits trend analysis, though the offers above $649,000 guidance sits well above the $410,000 median, reflecting the premium for larger homes. Buyers should negotiate based on confirmed land area and condition, holding this property for medium-term growth rather than immediate flipping, given the steady but not explosive market activity.

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

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Market Insight:

Wonthella is a compact, established suburb with a diverse demographic base, including younger singles and established trades workers. Demand is driven by strong capital growth, with the market experiencing robust price appreciation and low days on market, indicating high buyer urgency. Recent conditions show a constrained supply of listings, creating competitive pressure. Future growth is underpinned by steady population increases, while a key constraint remains the limited availability of properties for sale, which could sustain price momentum but also presents a challenge for new buyers entering the market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

-

Land

1012mยฒ

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