178 Ulster Road, Spencer Park WA 6330
178 Ulster Road, Spencer Park WA 6330
**Elevated large-lot house | 2006 build, 354mยฒ floorplan | Sunny aspect, rural outlook | Bushfire and flood overlays | 4-car garage**
This property is competitively positioned within Spencer Park as a newer, larger house on a generous 900mยฒ lot, offering a level of internal space and parking capacity that is uncommon in the suburb’s older housing stock. The 2006 build, combined with an elevated site and a deliberately highlighted sunny aspect overlooking rural landscape, gives it a clear amenity advantage over more standard suburban lots. It is best suited to owner-occupier families or downsizers seeking a spacious, low-maintenance home with strong natural light and a semi-rural feel, rather than investors targeting compact entry-level stock.
The detected bushfire and flood overlays are the primary factors that may influence buyer perception and should be investigated for insurance implications and any compliance requirements. The property’s large building footprint and elevated position could also mean higher ongoing maintenance costs for external surfaces and landscaping. While the orientation and outlook are genuine strengths, the absence of a heritage overlay is neutral, and the overall value will depend on how these environmental risks compare with similar-sized homes in less exposed pockets of the suburb.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 178 Ulster Road, Spencer Park WA 6330
Market Insight:
Spencer Park is a tightly held residential suburb experiencing exceptional capital growth, driven by strong buyer demand and constrained housing stock. The market is characterised by rapid sales, reflecting a competitive environment where family-sized homes are particularly sought after. This demand is supported by a professional demographic and a very low vacancy rate, indicating sustained rental pressure. Future growth is underpinned by these supply constraints, though the limited diversity in property types presents a concentration risk should market conditions shift.