22 Liddell Street, Girrawheen WA 6064
22 Liddell Street, Girrawheen WA 6064
Established house | 784 m² land record vs 241 m² listing | 3 bed core layout | inconsistent bath/car counts | suburban family/investor stock
This house presents a genuinely competitive position for buyers seeking established suburban space in a tightly settled area. The strongest signal is the recorded 784 m² land size from a sold record, which, if accurate, offers rare parcel depth and potential for future reconfiguration or subdivision in a suburb dominated by mid-sized blocks. Even with the conflicting 241 m² figure in the current listing, the property’s core 3-bedroom layout suits first-home buyers and budget-conscious families who prioritise land over finish. The suburb’s steady turnover and active rental demand reinforce its appeal to investors looking for yield-oriented stock, though the house itself does not carry premium presentation or standout amenity. It serves best as a practical, value-driven entry point for owner-occupiers who can tolerate older finishes and investors comfortable with standard suburban rental profiles.
The value picture may be shaped by the unresolved land size discrepancy, which could materially affect price expectations if the larger parcel is confirmed. Renovation potential and subdivision feasibility might also influence buyer appetite, as the area shows pockets of reinvestment and duplex development. The inconsistent bathroom and parking records across portals suggest the house may have been altered or marketed differently over time, so a title search and physical inspection should clarify the true configuration. Rental income potential appears solid given local demand, but that strength may already be reflected in the asking level. Buyers should weigh the cost of upgrading an older dwelling against the land’s long-term flexibility.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Liddell Street, Girrawheen WA 6064
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Girrawheen is a family-dominated suburb where trades workers and mortgage-holding owners drive demand, aided by tight vacancy of 0.6–0.8%. House prices have risen sharply, with annual growth ranging from 15.6% to 33.9% depending on the index, and the median sits between $688,000 and $715,000. Market conditions favour sellers: houses sell in as few as 8–13 days on some measures, and annual sales reached 190. House rents range from $575 to $630 weekly, supporting a 4.74% gross yield. The near-term growth outlook is supported by constrained supply, with stock on market down 10.9% year-on-year, but risks include rate sensitivity given the high share of mortgaged owners and limited unit sales data, which offers no diversification signal.
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PropCred Estimated Value
Comparable Sales: nearby renovated 3×1 house marketed from $579,000; subject property sold records at $415,500 and $345,000 | Property Price Band: $300,000–$400,000 | Value Drivers: land size confirmation, renovation condition, subdivision potential
Bedrooms
3
Bathroom
1
Parking
1
Land
241m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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