3/21 Fennager Way, Calista WA 6167

3/21 Fennager Way, Calista WA 6167
This two-bedroom, one-bathroom end unit spans 66 square metres on a 93-square-metre lot within a secure, gated complex built in 1970. It is positioned on the first floor of a four-unit block and includes a single car space and a large balcony. What distinguishes this unit is its end-of-terrace configuration within a mature, low-density complex, offering greater privacy and natural light than typical mid-terrace units. Its secure, gated setting and low-maintenance footprint make it a rare find in Calista, where newer detached housing dominates. The property is best suited for an investor seeking stable long-term tenancy or an entry-level buyer wanting a quiet, manageable home with private outdoor space, as the complex’s established landscaping and solid construction suggest enduring appeal. The 1970 construction may involve higher ongoing maintenance compared to newer builds, and the compact floor area could limit appeal for families. A significant price differential from a recent same-complex sale should be weighed carefully, as it may reflect condition or feature premiums rather than market movement. The unit’s first-floor position and end-wall exposure might influence heating and cooling costs, though no specific issues are apparent. Prospective buyers may wish to verify current rental yields and confirm school catchment boundaries.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/21 Fennager Way, Calista WA 6167
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Calista presents as an affordable, established suburb with a demographic skew towards mature households and trades-based occupations, driving stable family-oriented demand. The market has demonstrated robust capital appreciation recently, supported by healthy sales activity and competitive days on market. Future growth appears linked to its relative affordability, though its trajectory may be tempered by a limited unit market and a demographic profile suggesting lower turnover potential.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

93m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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