27 Rhine Cres, Beechboro WA 6063
27 Rhine Cres, Beechboro WA 6063
Established family house on a large lot | Late-1980s build in a settled street | Quiet suburban pocket with parks and schools nearby | Strong owner-occupier demand | Scope for renovation or extension
This property sits in a well-established part of Beechboro where the dominant housing form is detached family homes on generous blocks, typically 700 square metres or more. The street itself is fully built out with mature housing, which gives it a settled, predictable character that appeals strongly to families and long-term owner-occupiers. A house here serves best as a solid family purchase, offering space for outdoor living, room for a shed or workshop, and the potential to add value through updating the original 1980s finishes. The local school catchment and nearby parks add practical everyday appeal, and the broader area has seen steady demand from buyers looking for more land than inner suburbs offer at a comparable price.
The main factors that might shape the final price are the condition of the original building, the exact land size, and how much updating has already been done. A well-presented home with modern kitchen and bathrooms could command a noticeable premium, while a more dated interior might leave room for a buyer to negotiate based on renovation costs. The lot configuration and whether there is side access for a trailer or boat also matters to family buyers. The heritage overlay on some nearby lots is worth checking, as it may affect future development plans, though it does not appear to be a street-wide constraint.
|| Comparable Sales: 21 Rhine Cres sold at a similar level for a 3-bed, 1-bath on 804m²; 127 Sacramento Ave sold in late 2024 on a 730m² block | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, condition of improvements, and layout flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Rhine Cres, Beechboro WA 6063
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Beechboro is a compact Perth suburb of 9,061 people, with a house market defined by acute scarcity. Median house prices vary between $725,000 and $785,000 depending on the source, having risen 13.8–15.2% annually. Houses spend just 9–10 days on market, with around 130 sales per year, indicating excess demand. Rents sit at $680–$700 per week, delivering a gross yield of 4.96% on houses and 5.54% on units (though unit sale prices are unpublished). Local shopping centres and access to Bassendean station support the suburb’s commuter appeal. Future growth catalysts are not enumerated in the available research; the rapid absorption rate alone suggests ongoing pressure. Key constraints are the thin sales volume, absent vacancy data, and unquantified buyer demographics, all of which temper the precision of a forward outlook.
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PropCred Estimated Value
Comparable Sales: 21 Rhine Cres sold at a similar level for a 3-bed, 1-bath on 804m²; 127 Sacramento Ave sold in late 2024 on a 730m² block | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, condition of improvements, and layout flexibility
Bedrooms
4
Bathroom
3
Parking
2
Land
715m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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