32 Henry Lawson Walk, East Perth WA 6004
32 Henry Lawson Walk, East Perth WA 6004
Waterfront house form on Claisebrook Cove | tri-level layout with river views | scarce house product in an apartment-heavy precinct | built 1999 with high-end finishes | suited to executive owner-occupiers
This is a genuinely rare configuration for East Perth. Most of the suburb’s stock is apartment product, so a street-front house with three levels, a secure double garage, and direct cove frontage sits in a category of its own. The timber-lined ceilings, cathedral-style master, and quality kitchen finishes give it a timeless feel rather than a dated one, which matters for resale appeal. The layout works well for downsizers who want space without land maintenance, or for professional couples who value proximity to the CBD and a quiet waterfront setting. The rear laneway access and separate laundry in the garage add practical depth that many comparable houses lack.
The price point reflects scarcity more than size. With only three bedrooms and no confirmed lot dimensions, the property’s value rests heavily on its position and form rather than land area. The north-facing orientation, if confirmed, would strengthen its appeal, but the sources do not verify this directly. Buyers should weigh the trade-off between paying a premium for waterfront house form and the limited land component, which may constrain future capital growth compared to larger lots elsewhere. The top-floor attic flexibility adds functional value, but the overall floor area may feel compact for families expecting more square footage at this price level.
|| Comparable Sales: 54 Henry Lawson Walk sold around $2.68M (4 bed, 3 bath, 1998 build) and 6/1 Henry Lawson Walk sold near $960K (apartment, 3 bed, 2 bath) | Property Price Band: $2.4M–$2.5M | Value Drivers: waterfront position, house form rarity, internal finish quality
Detailed Independent Property Report prepared by PropCred Analyst team for 32 Henry Lawson Walk, East Perth WA 6004
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
East Perth’s proximity to the CBD and transport infrastructure underpins its desirability. Demand is driven by investors and first-home buyers competing for limited stock, particularly at the market’s lower end, supported by strong population growth. This competition, amid a severe shortage of listings, has accelerated price growth and compressed selling times. Future momentum relies on the persistent supply-demand imbalance, though the primary constraint remains the acute shortage of quality housing stock.
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PropCred Estimated Value
Comparable Sales: 54 Henry Lawson Walk sold around $2.68M (4 bed, 3 bath, 1998 build) and 6/1 Henry Lawson Walk sold near $960K (apartment, 3 bed, 2 bath) | Property Price Band: $2.4M–$2.5M | Value Drivers: waterfront position, house form rarity, internal finish quality
Bedrooms
3
Bathroom
2
Parking
2
Land
165m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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