429 Lambeth Circle, Wellard WA 6170

429 Lambeth Circle, Wellard WA 6170
3×2 house on ~389mยฒ | 174โ€“181mยฒ internal | rear-loaded parking | solar and ducted cooling | build-year discrepancy This property occupies a practical position in Wellardโ€™s newer estate market, where detached houses on compact lots are the norm. The internal area is notably generous for a 3-bedroom house on a sub-400mยฒ block, giving it an edge over many similar floorplans in the area. The combination of rear-loaded double garage, low-maintenance yard, and established features like solar and evaporative cooling makes it a strong fit for small families or owner-occupiers who want detached living without the upkeep of a larger block. Its proximity to train and freeway access also supports ongoing appeal for commuters, while the estateโ€™s surrounding nature and nearby cafes add to its liveability. The build-year inconsistency between 2005 and 2008 is worth noting, as it may affect depreciation schedules for investors or perceived construction quality for buyers. The rental estimate dispersion โ€” roughly $600 to $675 per week โ€” suggests the propertyโ€™s income potential is not yet tightly defined, and actual returns may depend on final condition and tenancy demand. The lack of a premium land size or standout aspect means price growth will likely track suburb trends rather than outperform. Buyers should verify the floor area and build date through independent inspection or council records before forming a final view on value.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 429 Lambeth Circle, Wellard WA 6170
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Market Insight:

Wellard is a high-growth southern corridor suburb attracting young families and first-home buyers with its relative affordability and established commuter rail link. Strong demand from this demographic, alongside investor interest in a tight rental market, has driven robust house price appreciation. Recent sales activity remains brisk, reflecting sustained market momentum. Future growth is underpinned by ongoing population expansion from new estates and proximity to southern employment hubs, though affordability constraints and the potential for increased development supply present moderating influences.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

386mยฒ

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