9 Indiana Way, Hocking WA 6065

9 Indiana Way, Hocking WA 6065
4 bed 2 bath 2 car on 596m² | close to primary and secondary schools | larger block than newer infill | family-oriented suburb | strong owner-occupier demand A 596m² block is the standout feature, placing this house among the larger lots in a suburb where newer product tends to be more compact. The 4×2 layout with double garage offers functional family accommodation, and the internal area of 170m² is workable for a growing household. Its closeness to both a government primary and secondary college, along with a Catholic primary school, is a genuine convenience for family buyers. The property is likely to appeal most to owner-occupiers seeking an established location with good schooling and a landholding that allows for future changes. The owner-renter split in the area, with three-quarters owner-occupied, supports a stable neighbourhood character and consistent demand. The build year and original condition may be considered by lenders and insurers, and any need for updating kitchens, bathrooms, or energy efficiency could become a negotiation point. The larger landholding is expected to support a premium, but this may be offset by the presentation of the house relative to similar properties. Value is likely to be influenced by how well the interior has been maintained, as well as the practical layout of the internal space.
Detailed Independent Property Report prepared  by PropCred Analyst team for 9 Indiana Way, Hocking WA 6065
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk ! 1
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Market Insight

Hocking, 20km from Perth’s CBD, is a fast-growing middle-ring suburb where demand is led by trade-qualified households in the 30-39 age bracket; its population rose 18.1% from 2011 to 2016. The median house price is $816,000, up 11.61% annually, with a median selling time of just 11 days across 95 annual sales, pointing to limited stock and strong buyer competition. Weekly rents average $722, with four-bedroom homes at $750, supporting investor interest. Future growth is underpinned by bus access to the CBD and Edgewater train station. The main constraint is supply: a thin sales pipeline and very low turnover keep pressure on prices.
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PropCred Estimated Value

Comparable Sales: A 3 bed house on 244m² sold for $695,000; a 4 bed house on 624m² sold for $550,000 in 2019 | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, layout, presentation

Bedrooms

4

Bathroom

2

Parking

2

Land

596m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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