19 River Fig Place, Alexander Heights WA 6064
19 River Fig Place, Alexander Heights WA 6064
3 bed 2 bath on 517m² | family config in established suburb | moderate block not oversized | quiet residential character | rental demand tight
This property holds a straightforward, practical appeal for the family buyer. The three-bedroom, two-bathroom layout on a 517m² lot is a common and well-liked configuration in Perth’s middle-ring suburbs, offering enough room for a growing household without the upkeep of a larger block. Alexander Heights presents as a settled, family-oriented area where detached houses dominate and the market leans toward owner-occupiers and long-term renters. For a buyer seeking a functional home in a quiet street with reasonable proximity to schools and shops, this house fits the brief neatly. Its strength lies in its simplicity—nothing flashy, but nothing that should deter a practical purchaser.
The land size is moderate for the suburb, where older stock often sits on larger parcels, so the price may reflect that difference. The house’s condition and internal finishes remain unknown, and those factors could shift the final figure meaningfully. Orientation and outdoor space might also influence how the property feels in person, though neither appears problematic from the available detail. A buyer should weigh the balance between the modernised convenience of a 3×2 and the potential upside of a bigger block elsewhere, keeping in mind that renovation potential often carries a premium in this area.
|| Comparable Sales: 25 Park Lane sold $836k, 3×1 on 778m² | Property Price Band: $800K–$900K | Value Drivers: land size, internal condition, layout practicality
Detailed Independent Property Report prepared by PropCred Analyst team for 19 River Fig Place, Alexander Heights WA 6064
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Alexander Heights, a northeastern Perth suburb 14km from the CBD, is family-dominated, with 80% of households families and 60% of owners holding mortgages. Houses show strong momentum: median price $781,000, up 12.37% annually (REIWA, March 2026), while alternative sources report $770,000–$807,750 and growth near 11–12%. Stock turns quickly—median 12 days on market—and 82 houses sold over the past year. Rental conditions are firm: house yields average 4.75% gross, with the median weekly rent at $710. Growth is supported by rapid absorption and solid owner-occupier demand, but constraints are visible in the suburb’s compact 3.2 square kilometres, which limits new supply, and a mortgage-heavy buyer base that raises sensitivity to any rate increases.
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PropCred Estimated Value
Comparable Sales: 25 Park Lane sold $836k, 3×1 on 778m² | Property Price Band: $800K–$900K | Value Drivers: land size, internal condition, layout practicality
Bedrooms
3
Bathroom
2
Parking
1
Land
517m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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