197 Station Street, East Cannington WA 6107
197 Station Street, East Cannington WA 6107
Subdivided 424m² lot | 1946 house with dual living potential | R20 zoning | Gibbs Street Primary catchment | No overlays
The property’s key competitive advantage lies in its recent subdivision from a larger 2,782m² holding, creating a 424m² lot with a 1946 house that offers immediate occupancy while retaining development optionality. The 43% building coverage and R20 zoning provide a rare combination of established dwelling and future subdivision or extension potential, which positions this house well for buyers seeking both current use and medium-term value uplift. The location within the Gibbs Street Primary intake area and absence of flood or bushfire overlays reduces acquisition risk for families or investors targeting stable demand.
The primary risk is the discrepancy in bedroom and bathroom counts across sources, which may indicate the house has been reconfigured or requires verification of its current layout. The subdivided lot at 424m² is relatively compact, limiting extensive future development without council approval. However, the adjacent 197a lots being marketed as green title land suggests the area supports further subdivision activity, and the property’s position near schools and parks strengthens its appeal to owner-occupiers who value school catchments and low-risk land.
Detailed Independent Property Report prepared by PropCred Analyst team for 197 Station Street, East Cannington WA 6107
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
East Cannington is an established residential suburb characterised by strong recent capital growth, particularly for units, and a notably fast-moving market for houses. This demand is supported by its relative affordability and proximity to Perth, appealing to owner-occupiers and investors seeking solid rental yields. Future growth will likely be anchored by its established nature and limited new supply, though its reliance on neighbouring areas for amenities presents a key constraint.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
424m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!