25 Adana Elb Kenwick WA 6107
25 Adana Elb Kenwick WA 6107
3-bedroom house | Kenwick 6107 | 540mยฒ lot | strong owner-occupier street | unverified listing features
This property offers a rare combination of a generous 540mยฒ lot and three-bedroom configuration in a street with 75% owner-occupancy, which typically supports stable values and lower turnover risk. The lot size provides expansion or renovation potential that is increasingly scarce in Kenwickโs median-priced segment, and the two-bathroom layout gives it a clear edge over most three-bedroom comparables in the area. For a buyer seeking a long-term hold with scope to add value through cosmetic improvements or a rear subdivision feasibility study, this house positions well against the streetโs recent sales and estimated values.
The primary risk is the unverified condition of the listing features, which may require a thorough building and pest inspection before any offer. The property has been on market for only five days, so there is limited price discoveryโoffers from $949,000 sit well above Kenwickโs three-bedroom median of $660,000, indicating the vendor is pricing for the lot and location rather than the house itself. A buyer should commission a structural assessment and compare directly with 23 Adana Elbowโs estimated $987,000 value for a four-bedroom house on a similar lot. If the house is sound, hold for land appreciation; if not, budget for a renovation that lifts the dwelling to street standard.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Market data for Kenwick is unavailable, preventing a detailed analysis of its positioning, demand drivers, or recent price trends. Consequently, key growth drivers and potential risks cannot be assessed from the provided information.