12 Bourke Way, Broadwater WA 6280
12 Bourke Way, Broadwater WA 6280
Modern family home | 2015 build | 272sqm total under roof | 6-car accommodation | Primary school within 2km | No overlay risk
This property presents a strong buying case for a family seeking a modern, low-maintenance home with generous accommodation and parking. The 2015 build eliminates deferred maintenance concerns typical of older stock, while the 272sqm total building footprintโincluding a 2.4m-high garage and substantial carportโoffers rare utility for a 506sqm lot. The dual living areas and outdoor entertainment zone serve a family-oriented buyer well, and the absence of bushfire, flood, or heritage overlays simplifies insurance and future renovation. Proximity to both primary and senior high schools within 3km reinforces its appeal to families prioritising school catchment stability.
The primary risk is the high site coverage at 54%, which limits future extension potential and reduces private open space relative to comparable lots in Broadwater. The street profile shows 90% owner-occupation, indicating low turnover and limited recent sales evidence, which may constrain valuation comparables. However, this also suggests a stable, low-rental neighbourhood with minimal transient traffic. The propertyโs 2023 sale history provides a recent price anchor, and the current listingโs short market time suggests motivated sellingโan opportunity for a buyer to negotiate on terms rather than price. Broadwaterโs 16 sales year-to-date with zero auction clearance indicates a buyer-favourable market.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 12 Bourke Way, Broadwater WA 6280
Market Insight:
This suburb is positioned as a mature, established community with a demographic skew towards older, outright owners and childless couples. Demand is driven by this settled demographic, with a strong trades and professional base, supporting a stable owner-occupied market. Recent house price growth has been robust, with houses transacting relatively quickly, particularly larger family homes. Future growth is underpinned by this solid demand, though the market faces a clear divergence, with the unit segment experiencing significant price declines and extended selling periods, indicating a potential risk for investors in that asset class.