14 Johnson Street, Wembley WA 6014

14 Johnson Street, Wembley WA 6014
Character Wembley home | north-facing pool | dual-street access | 670m² block | flexible floor plan This 1948 house on a 670m² block offers a rare combination of character architecture and practical modern extension, with the north-facing alfresco and pool creating a genuinely usable outdoor room. The dual-street access via Johnson Street and Yates Lane provides four off-street parking spaces, a significant advantage in this established suburb where off-street parking is often constrained. The property sits within the catchment for Lake Monger Primary School and Bob Hawke College, which anchors demand from family buyers. The study with French doors offers flexibility as a fourth bedroom or home office, and the separation between bedroom wings suits households needing privacy. This property is best suited to buyers seeking a move-in-ready family home with strong lifestyle amenity and room to add further value through cosmetic updates. The primary risk is the 1948 build date, which may require attention to wiring, plumbing, or insulation beyond the reported roof insulation and solar panels. The manual garage accessed via Yates Lane may have limited clearance for larger vehicles, and the swimming pool introduces ongoing maintenance costs. The estimated value range of $2.24m to $2.55m reflects a premium for the block size and location, so buyers should confirm recent comparable sales to avoid overpaying. The opportunity lies in the potential to convert the study into a fourth bedroom, which could increase rental yield or resale appeal without structural work. The north-facing orientation of the alfresco and pool is a genuine differentiator in this market, and the quiet side street positioning reduces traffic noise while maintaining proximity to village amenities.
Detailed Independent Property Report prepared  by PropCred Analyst team for 14 Johnson Street, Wembley WA 6014
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk 2
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Insight: Wembley WA 6014

Wembley is an established, well-located suburb experiencing strong demand driven by its proximity to key transport corridors and a mix of established and newer housing. The market is characterised by exceptionally tight conditions, with houses selling rapidly and a critically low rental vacancy rate indicating significant supply pressure. While this fuels robust price growth, particularly for units, the high entry point for houses presents a key affordability constraint for future buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

4

Land

670m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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