40B Harrisdale Drive, Harrisdale WA 6112
40B Harrisdale Drive, Harrisdale WA 6112
4 bed family house | 498m² block | school catchment corridor | strong rental yield | settled suburb
This is a competitively positioned family house in a suburb where detached stock dominates and owner-occupiers stay long-term. The four-bedroom layout sits above the local average, making it suited to families or upgraders who want room to grow without moving into a larger, harder-to-maintain block. Its mid-sized land area offers practical outdoor space while keeping upkeep manageable, and the two-car accommodation adds everyday convenience that family buyers consistently prioritise. The rental return is notably solid for the area, which broadens its appeal to buyers wanting future flexibility—either as a long-term home or as a property that could be leased with minimal disruption. The school catchment proximity is a genuine demand driver, reinforcing the family-oriented character of the street and the suburb as a whole.
The price point may reflect a premium over earlier transaction levels, so the condition and presentation of the interior will likely carry significant weight in justifying that gap. Any modern updates, quality of finishes, or recent renovations could support a higher value, while dated or worn features might pull it back toward more conservative expectations. The lack of confirmed build year or floor-level details means buyers should verify these during inspection, as newer construction typically commands more. The ongoing development in the surrounding area may also influence future desirability, either positively through improved infrastructure or negatively if construction continues nearby. Buyers should weigh these factors against the property’s core strengths of size, location, and rental capacity.
Detailed Independent Property Report prepared by PropCred Analyst team for 40B Harrisdale Drive, Harrisdale WA 6112
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Harrisdale, in Perth’s south-east, is positioned as a family-focused growth corridor. Demand is driven by couples with children, who make up 66% of households, and a high 67% purchaser share. House values have risen sharply, with median prices reported between $850,000 and $985,400 and annual growth ranging from 12.6% to 18.6% across data providers. Market conditions are competitive: houses sell in a median of 12 days, and rental demand is firm at $750–$760 weekly with gross yields around 4.6%. Forward supply is anchored by the Harrisdale Green joint venture between the WA government and Cedar Woods, adding up to 500 homes, and population is projected to climb from 9,076 in 2016 to over 10,000 by 2031. These fundamentals underpin a tight market with sustained buyer interest.
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PropCred Estimated Value
Comparable Sales: 86 Harrisdale Drive sold at $954,000 for a 3x2x2 on 346m² | Property Price Band: $1.0M–$1.1M | Value Drivers: four-bedroom layout, land size, school catchment proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
498m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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