20 Hydrangea Place, Alexander Heights WA 6064

20 Hydrangea Place, Alexander Heights WA 6064
3 bed 1 bath 1991 build | 110sqm on 450sqm lot | 24% coverage is low | 85% owner-occupied street This house offers a rare configuration edge in Alexander Heights: a 110sqm single-bathroom floorplan on a 450sqm lot with only 24% building coverage. That low coverage signals genuine redevelopment or extension potential, which most nearby comparables lack. The 85% owner-occupied street reduces turnover noise and supports stable long-term value. For a buyer seeking a solid entry into a well-located suburb with scope to add a second bathroom or rear extension, this property provides a stronger base than typical 3-bed stock. The main risk is the single bathroom, which limits appeal to families and may slow resale in a market where two bathrooms are now standard. That constraint is also the opportunity: it keeps the purchase price below the suburb median and allows the buyer to add value through a targeted renovation. The 2001 purchase history suggests minimal recent capital growth, but the low coverage and 450sqm lot give you control over future uplift. Hold for three to five years and consider a bathroom addition before selling.

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

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Market Insight:

Alexander Heights is a well-established family suburb positioned for growth, with demand driven predominantly by owner-occupier families. The market demonstrates robust momentum, evidenced by strong recent price appreciation and houses selling rapidly. Future prospects are supported by this sustained family-oriented demand, though its sensitivity to broader economic conditions remains a key consideration for prospective buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

450mยฒ

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