19 Bindak Brace, Greenfields WA 6210
19 Bindak Brace, Greenfields WA 6210
4-bedroom family home on a corner block | Built 2011 with 178 sqm of living | Tenanted at $620 per week until mid-2026 | Study, theatre, and alfresco included
This property is competitively positioned within Greenfields as a modern family home that offers more than the typical entry-level stock found in parts of the suburb. The 2011 build, combined with 178 square metres of internal space and multiple living zones including a study and home theatre, gives it an edge for buyers who want separation between adult and childrens spaces. The corner block adds a sense of openness and natural light, while the double garage and low-maintenance yard suit busy families. It also works well for investors, given the existing tenant and lease in place until August 2026, which provides immediate income and reduces vacancy risk.
The gross rental yield sits around 4.2 percent based on the current rent and asking range, which is reasonable for a modern house in this segment but not exceptional. The evaporative cooling and carpeted floors throughout may be functional rather than premium, so a buyer intending to owner-occupy might factor in upgrades over time. The corner block position could also mean slightly higher exposure to street noise or less private outdoor space, though this is common in newer subdivisions. These factors may influence how the property is priced relative to similar homes with better finishes or more private positioning.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 19 Bindak Brace, Greenfields WA 6210
Market Insight:
Greenfields is a well-established residential suburb experiencing strong buyer demand, with houses selling significantly faster than the broader Mandurah region. This momentum is driven by owner-occupiers, evidenced by a high proportion of mortgaged properties, seeking value in its diverse community pockets. The market demonstrates robust capital appreciation, particularly for houses, supported by tight rental conditions and rising yields. Future growth is underpinned by this sustained demand, though the minimal unit sales volume indicates a market preference for houses, which presents a supply constraint for that segment.