7 Ferrier Street, Swan View WA 6056
7 Ferrier Street, Swan View WA 6056
4 bed, 2 bath on ~835m² | detached older house | land-rich, low-density pocket | tight rental demand | established suburb appeal
This property’s competitive edge lies in its combination of four bedrooms and two bathrooms on a substantial block, which is not typical of the older, smaller homes that dominate the immediate street. The land itself is the primary driver of value here—it offers genuine scope for future extension, landscaping, or even subdivision potential, subject to council approval. In a suburb where detached houses on large lots are the norm but often with only one bathroom, this configuration serves family buyers and investors alike, offering both immediate livability and long-term flexibility. The tight rental market in the area further supports its appeal to buyers seeking income security, while the established, quiet residential character suits owner-occupiers wanting space without paying inner-city premiums.
The house’s age may mean dated interiors, older building fabric, and potentially higher upkeep costs than a modern build. Its value may be more heavily influenced by land utility than by the dwelling itself, and any renovation could be required to unlock the full potential of the layout. Buyers should consider the cost of updating bathrooms, kitchen, or roofing, as these may affect both immediate comfort and resale appeal. The broad block size might also invite comparison with newer developments nearby, but the older structure could limit financing options for some purchasers.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Ferrier Street, Swan View WA 6056
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Swan View, an established 6 sq km suburb roughly 25 km from Perth, sits between the Railway Reserves Heritage Trail and the rail line. House prices have risen 14.05% annually to a $685,300 median, while unit prices are up 24.22% to $397,500. Houses trade in a median 12 days, with 163 sales over the past year confirming a liquid market. Gross yields are high: 5.22% for houses and 5.54% for units, with weekly rents at $650 and $580. That combination of rental return and turnover points to investor and owner-occupier demand. However, development has remained stable since the early 1990s, implying limited new supply, which could support prices but also constrain future growth.
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PropCred Estimated Value
Comparable Sales: 6 Ferrier Street, 2 bed/1 bath, sold around $792k; 9 Ferrier Street, sold early 2026 | Property Price Band: $750K–$850K | Value Drivers: land size, bedroom count, condition of existing dwelling
Bedrooms
4
Bathroom
1
Parking
2
Land
835m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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