11 Principal Cres, Coolbellup WA 6163

11 Principal Cres, Coolbellup WA 6163
Modern 3×2 on ~300sqm | Built mid-2010s | Low-maintenance infill | Near hospital/university corridor | Small-land trade-off This is a modern three-bedroom, two-bathroom house on a green-titled lot of roughly 300 square metres, built around 2015 within a planned estate. It stands apart from Coolbellup’s older 1960s stock through its high ceilings, contemporary kitchen-living layout, ducted reverse-cycle air-conditioning, double garage and low-maintenance gardens. The compact footprint is practical rather than expansive, and the property is well placed for buyers who want a newer home near Murdoch University, Fiona Stanley Hospital and Fremantle transport corridors. It serves first-home buyers, downsizers and investors seeking strong rental appeal, though owner-occupiers will likely appreciate the lock-and-leave convenience. The limited land area is expected to influence price formation, as subdivision options and backyard potential are reduced compared with older Coolbellup blocks. Particular importance is likely to be placed on the present condition, internal layout, and orientation of the rear garden. Rental demand from hospital and university workers might support resale, though the small lot and modest internal size should be measured against the asking price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Principal Cres, Coolbellup WA 6163
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✓
Execution Risk ✓
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Market Insight

Coolbellup is a well-located family suburb with strong owner-occupier appeal, driven by young professionals and couples seeking a connected, green lifestyle near key amenities. The house market is characterised by rapid sales and robust capital growth, reflecting high demand. Future prospects are supported by its demographic profile and lifestyle appeal, though an oversupply of listings presents a key constraint, requiring realistic vendor pricing to sustain momentum.
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PropCred Estimated Value

Comparable Sales: 4 Principal Cres sold $850k | Listed Price Band: $0.9M-$1.0M | Value Indicator: condition, land size, layout orientation

Bedrooms

4

Bathroom

2

Parking

2

Land

356m²

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