3 Tallerack Way, Forrestfield WA 6058
3 Tallerack Way, Forrestfield WA 6058
Large 700sqm R20/30 zoned block | Existing tenancy until 2026 | Quiet cul-de-sac position | walk to schools and shops
This propertyโs primary strength is the combination of a 700 mยฒ block with zoning that supports future subdivision, making it rare in a family-friendly cul-de-sac setting. The existing tenancy provides immediate income security and the layout with two living areas and a powered workshop offers practical utility for an investor or eventual owner-occupier. It is best suited to those prioritising land value and rental stability over immediate personal occupancy.
The fixed tenancy until 2026 limits vacancy but locks in cash flow, a risk that is offset by the low-supply location. Subdivision feasibility requires early council checks, though the block size and rear access are promising. The single bathroom may deter some families, while proximity to schools, transport, and the airport supports long-term demand. Overall, the house presents a stable acquisition with clear upside driven by land and zoning rather than finishes.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3 Tallerack Way, Forrestfield WA 6058
Market Insight:
Forrestfield is a well-connected eastern suburb with a solid, trade-oriented demographic driving strong owner-occupier demand. This is reflected in a robust and fast-moving detached housing market, evidenced by rapid sales and significant annual price growth. Future prospects are supported by consistent buyer activity and infrastructure links, though affordability pressures and a notably weaker unit market present clear constraints on broader growth.