73 Girrawheen Avenue, Girrawheen WA 6064
73 Girrawheen Avenue, Girrawheen WA 6064
1973 build on 692m² | 3×1 detached house | 98m² original footprint | large-block potential in established suburb
This house offers what many buyers in Girrawheen are actually chasing: a solid 1970s shell on a genuinely usable 692m² block, positioned in a street where similar properties have been extended or improved over time. The single-storey layout is straightforward and practical, and the land-to-floor-area ratio leaves real room for a future renovation, rear addition, or simply a generous backyard. It suits first-home buyers wanting to enter a well-serviced northern suburb, renovators looking for a blank canvas, and investors drawn to steady rental demand for older three-bedroom homes on large lots. The configuration is ordinary, but the land is the quiet strength here.
The value picture may hinge on how the house presents internally, since the verified data shows no confirmed upgrades, solar, or modern finishes. A dated kitchen or bathroom might require immediate attention, while a freshly painted interior could lift appeal considerably. The original 98m² footprint is modest compared to some extended neighbours, so buyers should weigh whether they would want more space or accept the current size. Zoning for this specific lot is unverified, though nearby streets show subdivision interest; that possibility might add a layer of strategic value for patient buyers.
|| Comparable Sales: 37 Girrawheen Ave sold around $905K; 44 Girrawheen Ave listed near $742K | Property Price Band: $700K–$800K | Value Drivers: land size, original condition, renovation upside
Detailed Independent Property Report prepared by PropCred Analyst team for 73 Girrawheen Avenue, Girrawheen WA 6064
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Girrawheen is a family-dominated suburb where trades workers and mortgage-holding owners drive demand, aided by tight vacancy of 0.6–0.8%. House prices have risen sharply, with annual growth ranging from 15.6% to 33.9% depending on the index, and the median sits between $688,000 and $715,000. Market conditions favour sellers: houses sell in as few as 8–13 days on some measures, and annual sales reached 190. House rents range from $575 to $630 weekly, supporting a 4.74% gross yield. The near-term growth outlook is supported by constrained supply, with stock on market down 10.9% year-on-year, but risks include rate sensitivity given the high share of mortgaged owners and limited unit sales data, which offers no diversification signal.
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PropCred Estimated Value
Comparable Sales: 37 Girrawheen Ave sold around $905K; 44 Girrawheen Ave listed near $742K | Property Price Band: $700K–$800K | Value Drivers: land size, original condition, renovation upside
Bedrooms
2
Bathroom
1
Parking
1
Land
692m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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