4 Stuart Street, Greenmount WA 6056
4 Stuart Street, Greenmount WA 6056
3 bed, 1 bath, 1 car house | 647 mยฒ block | bedroom count inconsistent across sources | last sale $468,000 in Sep 2024 | estimated value $755,000
A detached house on a 647 mยฒ block in Greenmount represents a mid-sized offering in an established suburban setting, which is competitively strong for buyers seeking space without a premium footprint. The three-bedroom configuration, though inconsistently reported, serves the broad detached-house market well, particularly first-home buyers or small families. This property sits in a format that is common in the area, meaning it is unlikely to be rare but should attract steady interest from a typical buyer pool. The substantial gap between the recent sale price and the estimated value may signal strong market movement or a valuation anomaly, which could work in a buyer’s favour if the property is re-entering the market soon.
The inconsistent bedroom count across sources may materially affect how the property is perceived and valued, as a two-bedroom house on a 647 mยฒ block could be seen as under-configured for the land size, potentially limiting buyer appeal. The lack of stated building age, internal condition, or amenity details means the property’s true condition is unknown, which might introduce risk if renovations are needed. The single car space may be a constraint for families or those requiring additional parking. Buyers should weigh these factors against the land size and location when forming a view on price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4 Stuart Street, Greenmount WA 6056
Market Insight:
Greenmount presents as a stable, established suburb with a mature demographic profile. Demand is underpinned by owner-occupiers, evidenced by a high rate of mortgage holders and consistent sales activity. The market exhibits strong capital appreciation, supported by very low rental vacancy indicating tight supply. Future growth is linked to this supply constraint, though the stable population and limited new listings present a key risk to transaction volume and affordability pressures.