23 Hossack Avenue, Parkwood WA 6147

23 Hossack Avenue, Parkwood WA 6147
large 724sqm block | renovated wet areas | pool and workshop | strong owner-occupier street | across from reserve This property presents a compelling buying proposition for a family seeking a turnkey home with genuine lifestyle and functional advantages. The 724sqm block, with a modest 48% building coverage, offers rare future flexibility in an established pocket where most comparable homes are built out. The renovated bathrooms, solar panels, and powered workshop reduce immediate post-purchase expenditure, while the pool and outdoor entertaining area directly support family use. Positioned across from Hossack Reserve and within catchment for Parkwood Primary and Lynwood Senior High, the location serves a core demographic of owner-occupiers, reflected in the streetโ€™s 85% owner-occupier mix. For a buyer who values space, school proximity, and minimal renovation work, this property is competitively positioned near the top of its local market. The primary risk is that the asking price sits at the upper bound of available value estimates, meaning the buyer must be comfortable paying for the upgrades rather than the land alone. The 1978 construction and manual roller shutter on the main bedroom suggest some elements may require attention sooner than the cosmetic finishes imply. However, the FTTP NBN connection, double-glazed windows, and gas bayonet add genuine utility that reduces ongoing costs. The strongest opportunity lies in holding this property as a long-term family home, where the block size and building coverage ratio offer latent subdivision or extension potential should zoning or personal circumstances change. Buy this property for its immediate livability and the land buffer it provides against future infill.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 23 Hossack Avenue, Parkwood WA 6147
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Market Insight:

Parkwood presents as a high-performing, established residential suburb with robust demand for houses, evidenced by rapid sales and strong capital growth. This dynamic is driven by a mix of owner-occupiers and investors, attracted by solid rental yields and a family-oriented demographic profile. The market is characterised by tight supply and swift turnover, indicating sustained buyer competition. Future performance will hinge on broader economic conditions and the suburb’s ability to maintain its appeal to this core demographic.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

724mยฒ

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