13 Third Street, Harvey WA 6220
13 Third Street, Harvey WA 6220
Spacious block | architect-designed brick home | high-value land component | dual-living layout
This propertyโs primary strength is its rare combination of a substantial 3862mยฒ block with urban zoning potential, paired with a well-built 1993 brick home offering 350-521mยฒ of living space. The low 13% building coverage signals significant land value, while the raked ceilings, dual living areas, and large entertaining patio make it immediately livable for a family. It best suits a buyer seeking a long-term hold with future subdivision or development optionality, given the R15-R50 zoning and absence of overlay constraints.
The main risk is that the homeโs 1993 construction and current configuration may not appeal to buyers wanting a turn-key modern finish, and the NBN Fibre to the Node connection is a minor limitation. However, the 17-panel solar system with battery-ready infrastructure reduces ongoing costs, and the recent irrigation system and large shed add practical value. The location near Harvey Hospital and within the senior high school intake zone supports steady family demand, while the off-market status may allow for more patient negotiation.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 13 Third Street, Harvey WA 6220
Market Insight:
Harvey presents as an affordable entry point for families, with its market characterised by strong recent price appreciation and remarkably swift sales. Demand is primarily driven by family households seeking value, capitalising on prices well below the state average. This momentum, however, faces a key constraint as current supply conditions outweigh demand, suggesting limited scope for organic growth and requiring seller realism to secure transactions.