21 Emerald Place, Mount Richon WA 6112

21 Emerald Place, Mount Richon WA 6112
3 bed on 1,937sqm | elevated cul-de-sac | city and hills views | land-driven value | owner-occupier focus This property is competitively defined by its land and setting rather than its internal size. The 1,937sqm block positions it at the larger end of what is available in Mount Richon, and the elevated cul-de-sac location with panoramic views is a combination that is genuinely rare in the area. The house itself is moderate in configuration, but the value proposition here is land and outlook, not floor area. This property best serves a buyer who prioritises space, privacy, and a hillside lifestyle over a modern or expansive interior. It is likely to appeal most strongly to owner-occupiers looking for a long-term family home or a retreat-style property, rather than investors seeking yield. Several factors may influence the final sale price and should be weighed carefully. The absence of stated build year and finishes means the condition and quality of the house are unknowns, and the cost of updating or maintaining a property on a large sloping block can be material. The large land component may offer future subdivision potential, but this is not confirmed and would depend on zoning, slope, and servicing constraints. The limited number of directly comparable sales in the immediate area may also make pricing less straightforward, so a buyer should form their own view on what the land and views are worth to them, rather than relying solely on market data.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 21 Emerald Place, Mount Richon WA 6112
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Market Insight:

Mount Richon offers a highly accessible lifestyle defined by modern family infrastructure, expanding retail hubs, and extensive parklands, making it a magnet for first-home buyers and growing families seeking space and value. This strong demographic demand has driven consistent, volume-led price growth over the past year, cementing its appeal for both owner-occupiers and long-term investors. While the suburb provides excellent community amenities, buyers should watch out for the ongoing pipeline of new land releases nearby, which can occasionally moderate rapid short-term capital gains.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

1937mยฒ

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