16 Melnik Street, Caversham WA 6055

Modern 4-bed on 420m² | heritage overlay | strong owner-occupied street | Caversham’s tight market The property sits on a compact 420sqm lot with 204sqm of building, achieving 49% site coverage which is efficient for its category. The 5m roof height and 14m ground elevation give it a solid presence while the 5G coverage adds practical appeal. Its position on Melnik Street matters because 90% of the 33 properties are owner-occupied and 83% have long-term residents, signalling low turnover and stable neighbours. For a buyer seeking a modern four-bedroom house in a street with strong ownership character, this property competes well against the Caversham median of $911k for four-bed homes. The heritage overlay is the primary constraint here it may limit certain exterior modifications but often preserves streetscape value and can deter speculative development which keeps the character intact. No bushfire or flood overlays remove two common risks in this region. The property has only been on market for 6-8 days with no inspections scheduled yet, suggesting the seller may be testing price rather than under pressure. For a buyer prepared to negotiate privately through the agent, the heritage condition and short market exposure present an opportunity to secure a modern home on a stable street before broader buyer awareness builds.