10 Chataway Road, Girrawheen WA 6064
10 Chataway Road, Girrawheen WA 6064
3×1 on 692sqm R40-zoned | 18m frontage | triplex potential | bushfire overlay present
The propertyโs primary buying case rests on its land-to-zoning combination. A 692sqm block with R40 density and 18 metres of frontage is uncommon in Girrawheen, and it positions the buyer to pursue a triplex or multi-dwelling development subject to council approval. The flat block and absence of flood overlay reduce site preparation costs, while the existing 3×1 house provides immediate rental income at an estimated $660 per week. This property is best suited to an investor or developer who can hold through the approval process and capture the uplift from re-zoning potential.
The bushfire overlay is a material risk that may increase compliance costs and delay approvals, and the zoning discrepancy between R40 and R20/40 must be confirmed with the Wanneroo council before any offer is made. The 1973 build and single bathroom limit the existing home’s appeal to owner-occupiers, but the strong rental yield and 18.8% suburb growth suggest demand is not soft. The buyer should treat this as a land play with a holding income, not a renovation project. Secure the zoning confirmation first, then model a triplex feasibility at current construction costs.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 10 Chataway Road, Girrawheen WA 6064
Market Insight:
Girrawheen is a family-oriented suburb with strong owner-occupier demand, evidenced by high sales activity and rapid turnover. Recent price growth has been exceptionally robust, supported by a tight rental market and low vacancy rates. Future performance is underpinned by sustained buyer interest, though the market’s sensitivity to broader economic conditions and a lack of established unit data present notable considerations for investors.