18 Stewart Way, Kardinya WA 6163
18 Stewart Way, Kardinya WA 6163
4-bedroom family home | 699sqm block | Kardinya south-of-river | strong comparables nearby | currently listed for sale
This property at 18 Stewart Way presents a compelling opportunity for a family buyer seeking a solid four-bedroom home on a substantial 699sqm block in Kardinya. The configuration is competitively positioned against larger nearby properties, such as the six-bedroom at 21 Stewart Way, meaning this home offers a more accessible entry point into a desirable pocket without sacrificing land size. The two-car accommodation and dual bathroom layout serve a family well, and the suburb’s established residential character supports stable long-term demand. It is best suited to buyers who value space over cosmetic perfection and are prepared to act in a market where comparable three-bedroom properties have recently transacted near the million-dollar mark.
The primary risk here is the premium implied by the asking guidance relative to recent sales evidence, particularly against the $960,000 achieved for a three-bedroom home on Cameron Way. That gap must be justified by the additional bedroom and larger land component, which it may be, but buyers should anchor their negotiation to that transaction. The commercial logic lies in the land-to-improvement ratio; a 699sqm block in this location offers future subdivision potential or a renovation pathway that smaller sites cannot match. Hold this property as a family home with an eye on medium-term land value appreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Stewart Way, Kardinya WA 6163
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Kardinya is a high-demand, family-oriented suburb in Perth’s southern corridor, driven by a young professional demographic seeking established infrastructure and quality schools. Recent house price growth has been exceptionally strong, with a highly competitive sales environment reflected in rapid market turnover. Future growth is underpinned by sustained population increases and a tight supply of family homes, though affordability constraints may emerge as a key risk given the elevated price point.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
699m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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