167 Hare Street, Piccadilly WA 6430
167 Hare Street, Piccadilly WA 6430
Large 1,012m2 block | 4 bed 2 bath | 3 car parking | established suburb | family focus
The property is positioned on a rare 1,012 sqm block in a well-established suburb. A four-bedroom, two-bathroom layout is offered, along with three-car parking capacity, which is considered a practical advantage for families with multiple vehicles or hobby needs. This house is best suited to owner-occupiers seeking generous outdoor space, including families or downsizers who value a substantial block without losing access to daily amenities. The configuration is family-friendly, and the landholding itself is a competitive edge in a market where larger parcels are increasingly uncommon.
Value might be influenced by the dwelling’s age and finish, which are not fully confirmed, though the land size may support a premium. A material effect on the sale price could be exerted by the condition of the home and any potential for future development or subdivision, so these are best investigated before a decision is made. The buyer should weigh the balance between house quality and land value.
Detailed Independent Property Report prepared by PropCred Analyst team for 167 Hare Street, Piccadilly WA 6430
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Piccadilly presents a tight, trade-oriented market. Its 2,263 residents, predominantly 30-39 year-old trades earning $78k-$130k, anchor demand for entry-level housing. House prices show a fragmented median, ranging $408k-$439.5k, with annual growth between 4.3% and 10.4% across sources, indicating momentum but inconsistent recording. Units have surged 50.8% annually to a $399k median, with rental yields at a strong 9.3%, reflecting acute investor interest. Houses rent for $585-$850 weekly, and units at $500, yet house rental yields are unavailable. Days on market vary sharply: 39, 10, or 4 days for houses; that dispersion suggests micro-market volatility or data lag. Sales volume of 63-81 per year supports a thin, competitive market. Future growth rests on continued trade employment and tight supply; the principal constraint is limited transaction depth and price discovery risk, given divergent metrics across providers.
PropCred Estimated Value
Comparable Sales: 177 Hare Street sold $450,000, 147 Hare Street sold $350,000 | Property Price Band: $700,000 – $800,000 | Value Drivers: land size, dwelling condition, functional layout
Bedrooms
4
Bathroom
2
Parking
3
Land
1012m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst