13 Elliott Place, Willetton WA 6155
13 Elliott Place, Willetton WA 6155
3/1/2 house | 707m² corner block | Willetton SHS catchment | R20 subdivision potential | large established backyard
The property is positioned as a land-and-catchment play rather than a finish-driven purchase. Its 707m² corner allotment is a genuine differentiator in Willetton, where school-zone demand is sustained by family buyers. R20 zoning is noted, with subdivision potential referenced by the agent, giving the site more long-term optionality than the modest 3/1/2 layout suggests. The dual catchments, Willetton Senior High School and Rostrata Primary School, anchor the profile. A separate formal lounge, open-plan kitchen/living, and a massive backyard are offered. The property is best suited to a school-zone family or a value-add buyer comfortable with an older home.
Value may be materially affected by age and condition, with finish quality and maintenance history influencing price more than layout. A land-based premium could be supported by the corner position and subdivision potential, but council feasibility is not confirmed. Appeal to turnkey buyers may be limited by the modest layout, while yard and school zone may offset that.
>> Comparable Sales: 13 The Parapet, Willetton (3/2/2, 689m²) sold around $1.5M; similar 3-bed houses sold around $1.4M | Property Price Band: $1.4M – $1.5M | Value Drivers: land size, subdivision potential, condition
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Elliott Place, Willetton WA 6155
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Dominated by families and childless couples, Willetton sits 13km from Perth, an established residential market with strong turnover: houses spend 14–15 days on the market and annual sales volume reached 229. Median house prices span $1.24m–$1.375m, supported by annual growth of roughly 9.5–14.9%, while units sit at $851,000. Rental demand is firm-house rents average $780–$810 weekly, units $745-but yields remain modest at 3.2–3.3% for houses and 4.5% for units. Future growth hinges on continued tight supply: only 22 rental properties were available last month and unit sales are scarce. The key constraint is affordability; entry costs are high, leaving the suburb sensitive to rate shifts and buyer sentiment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
707m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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