12 Mahoney Street, Success WA 6164
12 Mahoney Street, Success WA 6164
Contemporary 4×2 family house | 2021 build on compact lot | School catchment linked demand | Bushfire and heritage overlays noted
This property presents as a modern detached family house built in 2021, sitting on a 375 square metre lot with a 220 square metre building footprint. Its configuration as a four bedroom, two bathroom, two car home on a manageable block aligns well with what families in this part of Success typically seek. The house is relatively new, which means lower immediate maintenance requirements and modern energy and connectivity standards. Its position within the Jandakot Primary School and Atwell College intake areas strengthens its appeal for owner-occupiers with school-aged children. The property suits buyers who want a contemporary home without the compromises of an older build or the space constraints of a townhouse.
The smaller lot size at 375 square metres may influence how the property compares to neighbouring houses on larger blocks, though this is partly offset by the efficient 59 percent building coverage. The presence of both bushfire and heritage overlays could introduce additional planning considerations for any future alterations or extensions, which a buyer should investigate before committing. The 2020 sale price of $315,000 reflects land value before construction, so the current pricing incorporates the full cost of the completed home and subsequent market movement. A buyer should satisfy themselves that the finished quality and specification justify the premium over older stock in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Mahoney Street, Success WA 6164
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Success is positioned as a high-growth outer suburb, attracting young families with its strong transport links and parkland amenities. Demand is driven by this demographic, seeking modern housing amid broader state population growth, resulting in rapid price appreciation and exceptionally tight market conditions with swift sales. Future growth is underpinned by sustained migration and limited new supply, though affordability pressures and interest rate sensitivity present notable constraints for mortgaged households.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
375m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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