3 Lister Street, Swan View WA 6056
3 Lister Street, Swan View WA 6056
3 bed 1 bath detached house | large suburban block | family-oriented pocket | established low-rise street | school catchment area
This is a straightforward family house in a suburb where detached homes on generous lots are the norm, not the exception. The configuration is simple and practical—three bedrooms, one bathroom, two car spaces—which suits first-home buyers or young families wanting space without paying for extras they do not need. The street context suggests a quiet, established pocket with mature housing, and the large block size gives this property a competitive edge over newer, smaller infill builds. It serves best as an owner-occupied family home, though its traditional layout also holds appeal for investors seeking steady rental demand in a low-density suburb.
The value here is closely tied to the land and the property’s condition, both of which are not fully confirmed. The block size likely aligns with surrounding lots, which may support future extensions or redevelopment, but that depends on local planning controls and overlays that could limit changes. The single bathroom may feel dated to some buyers, and the absence of modern finishes could mean renovation costs are factored into any offer. Buyers should weigh the potential for improvement against the property’s current presentation, as the final price may hinge on how much work they are willing to take on.
|| Comparable Sales: 15 Lister Street sold for $661,000; 3 The Close sold for $418,000 in 2022 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, street location
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Lister Street, Swan View WA 6056
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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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: 15 Lister Street sold for $661,000; 3 The Close sold for $418,000 in 2022 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, street location
Bedrooms
2
Bathroom
1
Parking
2
Land
850m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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