12 Coachwood Way, Maddington WA 6109
12 Coachwood Way, Maddington WA 6109
R30 zoning | 20-metre frontage | flat rectangular block | East Maddington Primary catchment | 1974 build with redevelopment flexibility
This propertyโs competitive edge lies in its zoning and dimensions, not its current dwelling. The R30 designation on a flat, rectangular 532โ737mยฒ lot with a 20-metre frontage is uncommon in Maddington and positions the buyer to either hold for land appreciation or pursue a future subdivision or duplex development. The existing three-bedroom, one-bathroom house, while modest and dated, is fully fenced with a shed and ducted air conditioning, making it immediately rentable at an estimated $640 per week. This property best serves a buyer with medium-term horizonโsomeone who can absorb the current house as a holding income stream while the landโs redevelopment potential matures. The school catchment and absence of bushfire or flood overlays further reduce buyer risk.
The primary risk is the discrepancy in reported land and building sizesโ532mยฒ versus 737mยฒ and 97mยฒ versus 112mยฒโwhich may indicate survey inaccuracies or platform errors; a formal survey is advised before any development costing. The 1974 build will require updating for modern rental expectations, though the ducted air conditioning and built-in robes partially mitigate this. Opportunity lies in the R30 zoningโs flexibility: a retain-and-build strategy or future subdivision could unlock significant value above the current mid-$700k valuation range. Hold this property for rental yield and land banking, or redevelop when zoning permits higher density.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 12 Coachwood Way, Maddington WA 6109
Market Insight:
Maddington is a suburb with strong demand from working professionals, particularly tradespeople, underpinning its market. This demographic is driving robust price growth, with recent sales activity reflecting a fast-moving and competitive environment for houses. Future prospects are supported by this solid demand base, though the limited current supply of both rental and sale listings presents a key constraint on market fluidity.