1/42 Merrifield Avenue, Kelmscott WA 6111

1/42 Merrifield Avenue, Kelmscott WA 6111
Compact 3-bed unit | walk to Kelmscott rail and retail | investor and downsizer demand | modern low-maintenance infill | small strata lot Positioned within a newer compact infill development on Merrifield Avenue, this three-bedroom, two-bathroom unit is configured for practical, low-maintenance living. A combination of a smaller lot, modern finishes, and close rail and retail access is offered at a price point that is rarely found in Kelmscott, where detached houses on larger land remain the dominant stock. The property is best suited to investors seeking steady tenant demand, downsizers wanting to simplify, and buyers who prefer a newer dwelling without gardening or maintenance burdens. The layout is seen as straightforward and functional, with no wasted space. Value may be influenced by the compact strata lot, which is seen as limiting expansion but supporting low-maintenance appeal. Modern build quality and newer construction might be weighed against the smaller footprint, and floor level and aspect should be confirmed. Demand may be supported by rail and retail access; presentation and condition are key price drivers. >> Comparable Sales: 4/42 Merrifield Avenue sold $536,000 | Property Price Band: $500K-$600K | Value Drivers: compact 3-bed layout, 201m² lot, rail and retail access
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/42 Merrifield Avenue, Kelmscott WA 6111
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Kelmscott, in Perth’s southeastern corridor, is a family-oriented market where middle-income trades workers drive demand. Houses sell in 11–12 days, reflecting tight conditions, and median prices have climbed 17–19% annually, ranging from $621,500 to $756,000 across sources. Rental yields sit at 4.7–5.8%, with houses leasing around $610–$620 weekly. Growth is underpinned by Kwinana Freeway access, Armadale line proximity, and wider Perth metro expansion. Key risks include affordability pressure for lower-income buyers, inconsistent sales volumes signalling supply fluctuations, and interest-rate sensitivity given 56% of owners hold mortgages.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

245m²

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