51 Camfield Loop, Parmelia WA 6167
51 Camfield Loop, Parmelia WA 6167
4-bed family layout | 686m² with workshop and shed | renovated wet areas and kitchen | solar and ducted cooling | larger-lot value in Parmelia
A four-bedroom configuration is genuinely uncommon in Parmelia’s older housing stock, where three-bedroom homes dominate, and the combination of a renovated kitchen, updated bathroom and laundry, and solar panels places this house above the typical condition level in the area. The 686m² block supports a workshop, garden shed, and extensive paving, giving the property practical utility that many nearby homes lack. The three-car accommodation, split between a carport and off-street spaces, adds further flexibility for a family with multiple vehicles or someone needing secure parking. This house is best suited to a family buyer seeking move-in condition without paying a premium for a newer estate, and its presentation suggests it was updated with owner-occupiers in mind rather than investors.
The single bathroom may limit appeal for larger families, and evaporative cooling might prove less effective in humid conditions. The working-family suburb character may cap price growth compared with premium locations, though demand for upgraded homes on large blocks could support resale. The build year is not confirmed, so structural age remains a question a building inspection would resolve, and the quality of the renovation may determine how close the final price lands to the asking level.
>> Comparable Sales: 23 Camfield Loop sold $626,500; 11 Camfield Loop sold $600,000 | Property Price Band: $650K-$750K | Value Drivers: condition, land size, parking flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 51 Camfield Loop, Parmelia WA 6167
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Market Insight
Parmelia, a trade-dominated suburb in WA’s outer south, is seeing steady owner-occupier demand. The typical buyer is a mortgaged household-65% of owners hold a mortgage-and the 20-39 age cohort forms the core demographic. House prices have risen 7.8% over the year to $626,500, with 50 transactions and a median 30 days on market. Rental growth hit 8.5% to $575 weekly. The main constraint is the thin unit market: just three sales and no recorded median. Parmelia’s houses are also 15.5% cheaper than nearby Wellard, which sells faster, limiting near-term upside. Elevated mortgage exposure raises rate sensitivity.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
686m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst