3/20 Angus Avenue, Spearwood WA 6163

3/20 Angus Avenue, Spearwood WA 6163
Compact 2-bed unit in Spearwood | 69mยฒ low-maintenance floorplan | Sold January 2025 at $580k | Now re-listed | Strong owner-occupier suburb. This property presents a clear buying case for those seeking a low-maintenance foothold in an established suburb where owner-occupier rates are high and turnover is moderate. The compact 69mยฒ layout and duplex configuration mean lower ongoing costs and reduced upkeep, which suits first-home buyers and downsizers alike. Its proximity to Spearwood Primary School and Fremantle College adds practical family appeal, while the recent January 2025 sale at $580k provides a concrete recent benchmark for assessing the current asking price. The property’s re-listing so soon after that sale warrants attentionโ€”it may indicate a motivated vendor or a prior buyer who withdrew, both of which can create negotiating room. The primary risk here is the data inconsistency across listing platforms, particularly around parking allocation and whether the property is a unit, duplex, or quadraplex. This ambiguity can affect lender valuation and future resale clarity, so a strata plan and title search are essential before proceeding. The 69mยฒ internal area is small by current standards, which may limit appeal to owner-occupiers seeking space, but conversely, it strengthens the rental yield case for investors. The shared land component of 1537mยฒ is a potential opportunity if the site has redevelopment potential, though this requires confirmation. FTTP or FTTB connectivity would be a supporting value-add for remote workers, but is not a prime driver.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/20 Angus Avenue, Spearwood WA 6163
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Market Insight:

Spearwood is a high-growth suburb experiencing exceptional capital appreciation, significantly outperforming neighbouring areas in both house and unit price growth. Demand is driven by a robust local workforce and strong rental returns, particularly for units, which are attracting investor interest. The market is characterised by rapid sales and rising rents, indicating sustained buyer competition. Future growth is underpinned by this momentum, though the pace of recent gains suggests a market approaching peak affordability for some segments.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1537mยฒ

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