20 Cheviot Street, Dianella WA 6059

20 Cheviot Street, Dianella WA 6059
4 bed 2 bath on 728m² | established Dianella block | family-oriented layout | renovation potential likely | broad buyer appeal This house holds a clear competitive edge through its combination of four bedrooms and a substantial 728m² block, which places it above typical entry-level stock in Dianella. The suburb is defined by older, larger-lot homes, and this property fits comfortably within that established character rather than the newer infill developments appearing nearby. It serves family buyers and upsizers best, particularly those who value land size and the flexibility to renovate or extend over time. The three-car accommodation adds practical appeal for households with multiple vehicles or workshop needs, a feature that strengthens its position among owner-occupiers seeking long-term utility. The value of this house may be shaped significantly by its internal condition and the extent of any prior updates, since the listing record does not confirm renovation history or finish quality. A well-presented interior could position it strongly against comparable family homes, while an original layout might require budget for improvements, which could temper buyer enthusiasm. The block’s shape and orientation may also influence how usable the outdoor space feels, and any potential for subdivision or redevelopment would depend on zoning rules that remain unconfirmed. Buyers should weigh these factors carefully when forming a view on price, as the land component likely carries more weight than the dwelling itself. || Comparable Sales: 36 Cheviot Street sold nearby, 4 Cheviot Street listed mid-$900,000s | Property Price Band: $900K–$1.0M | Value Drivers: land size, internal condition, layout efficiency
Detailed Independent Property Report prepared  by PropCred Analyst team for 20 Cheviot Street, Dianella WA 6059
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk
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Market Insight

Dianella, an established northern Perth suburb, sees demand driven by 30-39 year-olds on middle-to-upper incomes, with 75% owner occupancy. House prices have risen 18.75% annually to a $970,000 median, while units are up 23.72% to $665,000. Houses average 12 days on market, vacancy is 0.54%, and unit yields at 5.49% outpace house yields (3.89%). With 367 sales in the past year, liquidity is solid. The tight rental market underpins future growth, but rapid price appreciation and critically low vacancy present affordability and supply risks.
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PropCred Estimated Value

Comparable Sales: 36 Cheviot Street sold nearby, 4 Cheviot Street listed mid-$900,000s | Property Price Band: $900K–$1.0M | Value Drivers: land size, internal condition, layout efficiency

Bedrooms

4

Bathroom

2

Parking

3

Land

728m²

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