3A Edward Street, Perth TAS 7300
3A Edward Street, Perth TAS 7300
4 bed house on 838m² | Established gardens and privacy | Central Perth location | Strong value growth since 2015
This is a notably large block for a detached house in a central suburban setting, and the four-bedroom two-bathroom configuration with two parking spaces gives it genuine family appeal. The established gardens and indoor-outdoor flow described in the listing suggest a property that has been cared for and offers private entertaining space, which is increasingly sought after. Its position in the heart of Perth within walking distance of local amenities adds practical convenience. The buyer best served here is likely an owner-occupier family looking for room to grow, or someone who values land size and garden setting over a newer build. The recorded 2015 sale price of $348,000 and the current asking range indicate substantial capital growth, reinforcing the suburb’s upward trajectory for this type of property.
The absence of a confirmed build date means the buyer should factor in potential renovation needs, particularly around insulation, glazing, and modern finishes. The large block may offer future subdivision or development potential, but this is not confirmed and would require local council inquiry. The property’s orientation and aspect are unknown, which could affect natural light and passive heating. While the garden setting is a strength, ongoing maintenance costs should be considered. The 2022 sale of the neighbouring property at 3 Edward Street for $520,000 is not directly comparable but may provide a rough price anchor for the street.
Detailed Independent Property Report prepared by PropCred Analyst team for 3A Edward Street, Perth TAS 7300
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Perth’s market is defined by a severe and persistent supply shortage, with listings critically low against strong demand. This imbalance is driven by robust population growth, significant income gains, and targeted first-home buyer support, creating intense competition. The resulting conditions have delivered sustained and substantial capital growth, particularly for units, while rental yields remain compelling amid near-zero vacancy rates. Future performance hinges on the ongoing supply deficit, with affordability pressures and construction costs acting as key constraints on new stock.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
838m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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