29 Wallarah Circuit, Baldivis WA 6171
29 Wallarah Circuit, Baldivis WA 6171
Compact 3-bed family house | modern estate setting | 2-car parking | school catchments | flood overlay caution
This property sits squarely in Baldivis’s mainstream family segment, offering a low-maintenance, modern detached format that suits first‑time buyers and small families well. The compact land area keeps upkeep light, while the 3‑bedroom, 2‑bathroom, 2‑car configuration matches what most local owner‑occupiers are seeking. Strong internet and mobile coverage, combined with confirmed school intakes, reinforce its appeal as a practical turn‑key family home rather than a lifestyle or prestige purchase. For investors, the rental demand around $630‑$690 per week reflects steady household interest, making it a credible option for balanced returns in an active but not overheated suburb.
The property’s value may be influenced by the flood overlay detected on a nearby comparable, so site‑specific drainage mapping should be checked before committing. Its modest land size might limit upside compared to larger blocks, and the current stock levels in Baldivis suggest buyers have alternatives, which could soften negotiation power. Build quality, orientation, and internal presentation are likely to drive perceived value more than scarcity, so a thorough inspection of finishes and outdoor space matters. The broader market shows moderate days on market, meaning a well‑priced property should transact without prolonged delay.
>> Comparable Sales: 1168 Baldivis Road sold $885,000 (larger rural lot, not direct) | Property Price Band: $700K–$800K | Value Drivers: condition, land size, flood risk, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Wallarah Circuit, Baldivis WA 6171
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
Baldivis, in the City of Rockingham, has moved from semi-rural to sought-after south-of-river suburb, with growth centred in the north and continued expansion expected. Owner-occupiers make up 76% of households and 77% hold mortgages, pointing to middle-income families earning $78k-$130k. Houses sell in 15-17 days, with 1,018 annual sales and median prices around $720k-$820k. Annual value growth runs 10.6%-16.8%, while units appreciate 11%-26.2% but trade a mere 2-21 times annually, underscoring scarce supply. Gross yields are 4.62% for houses and 5.49% for units, with weekly house rents at $650. Future growth is supported by ongoing corridor development, but affordability is the primary risk: median house prices sit well above typical incomes, which could temper demand.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst