55 Oval Vsta, Ellenbrook WA 6069

55 Oval Vsta, Ellenbrook WA 6069
3×2 house | 184sqm block | Ellenbrook secondary college 300m | sold $410k in 2022 The propertyโ€™s primary competitive strength is its location within walking distance of Ellenbrook Secondary College and Ellenbrook Christian College, which narrows the buyer pool to families seeking school proximity without a long commute. The 184-square-metre block and 101-square-metre floor area are compact but efficient, and the 75% owner-occupier rate in the street signals stable neighbourhood character. This house is best suited to owner-occupier families or investors targeting the family rental demographic, as the school catchment delivers consistent demand. The principal risk is the 2022 purchase price of $410,000 against the current guide, which implies either substantial renovation or a market position that may be difficult to justify against the suburb median for three-bedroom houses. The small land size limits future subdivision or extension potential, and the propertyโ€™s classification as a house versus unit in older records suggests a data inconsistency that should be verified during due diligence. The opportunity lies in the quick average days on market for Ellenbrook, indicating that well-priced stock moves fast, and the FTTP NBN connection adds a minor convenience edge for remote workers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 55 Oval Vsta, Ellenbrook WA 6069
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Market Insight:

Ellenbrook is a developing suburb with robust sales activity and properties moving quickly, indicating strong demand. This demand is driven by a high proportion of mortgaged owners, suggesting a market of aspirational buyers. Recent price trends show significant growth in both house and unit values, supported by tight rental conditions with a low vacancy rate and solid yields. Future growth is underpinned by ongoing infrastructure projects, while the market’s sensitivity to interest rates, given the high mortgage ownership, presents a key constraint.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

184mยฒ

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