23 Meander Way, Treeby WA 6164
23 Meander Way, Treeby WA 6164
Detached family house | 5-bed, 3-bath, 2-car format | Modern estate setting | Strong rental demand | Compact lot likely
This property sits in a newer residential estate where the dominant stock is contemporary family housing, and the 5-bedroom, 3-bathroom configuration places it above the more common 4x2x2 format found throughout the suburb. That extra bedroom and bathroom gives it genuine appeal for larger families or buyers wanting a dedicated study, guest room, or multigenerational flexibility. The house is ground-level, which suits families with young children or older buyers avoiding stairs, and the local market shows consistent demand for modern, low-maintenance homes with open-plan living, alfresco entertaining, and double garages. It serves best an owner-occupier family seeking room to grow, though investors would also find the rental profile attractive given the area’s consistent leasing activity for similar houses.
The land size is likely to be modest, typical of newer estates where lots fall in the low-to-mid 300 square metre range, so outdoor space may be limited compared to older suburbs. That said, the trade-off is a newer build with contemporary finishes, which often means lower immediate maintenance costs. The property’s value may be influenced by how the internal layout flows, whether it includes extras like solar panels or ducted air conditioning, and how it compares to other 5-bedroom homes in the immediate precinct. Buyers should weigh the convenience of a modern, move-in-ready house against the tighter block and limited scope for future extension.
|| Comparable Sales: 23 Cedarleaf Entrance sold around $1.2M; 23 Lican Street sold near $1.2M | Property Price Band: $1.1M–$1.2M | Value Drivers: bedroom count, build quality, land size, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Meander Way, Treeby WA 6164
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Treeby is a high-growth, family-oriented suburb attracting young professionals seeking modern housing within a commutable distance to Perth. Demand is driven by this demographic’s strong purchasing power, fueling rapid price appreciation and a competitive sales environment with properties transacting swiftly. Future growth is underpinned by exceptional population expansion, though its reliance on mortgaged owners suggests sensitivity to economic conditions.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 23 Cedarleaf Entrance sold around $1.2M; 23 Lican Street sold near $1.2M | Property Price Band: $1.1M–$1.2M | Value Drivers: bedroom count, build quality, land size, presentation
Bedrooms
5
Bathroom
3
Parking
2
Land
443m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!