1 Wonyill Street, Wanneroo WA 6065
1 Wonyill Street, Wanneroo WA 6065
Corner block 665m² | R20 zoning flexibility | 1984 build | workshop garage | 119m² living
The property is positioned with a genuine competitive edge as a 665 m² corner block in an R20 pocket, where more future flexibility is allowed than on a standard lot. A solid single-level format is provided by the 1984 build, with 119 m² of living, including formal lounge/dining and an open-plan kitchen/living area. New curtains, new carpets, and new air-conditioning have been added for immediate comfort, and the wood burner and lock-up garage/workshop with bench space are presented as practical bonuses. With low-maintenance established gardens and a corner orientation, the house is well suited to first-home buyers, downsizers, or purchasers seeking future land flexibility in a tranquil, established part of Wanneroo.
The 1984 build and original bathroom may be viewed as drawbacks by those preferring a modern finish, and the single bathroom could be a limitation for growing families. R20 zoning may be weighed as repositioning potential or as preserving a lower-density feel. The corner block might be seen as extra street exposure, accepted by some and avoided by others. The smaller floor area and dated bathroom may need price weight.
>> Comparable Sales: 31 Wonyill St (3/1/1, 715m²) offer accepted near $900k | Property Price Band: $800K-$900K | Value Drivers: 665m² corner block, R20 zoning, workshop garage
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Wonyill Street, Wanneroo WA 6065
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Market Insight
Wanneroo, a 20 sq km suburb with established eastern sections and undeveloped land, sits 22 km from Perth. Demand is led by 30-39 year old trades households with upper-middle incomes, attracted by the suburb’s established areas and infill potential. Median house prices range from $750k to $828k, with annual growth of 13.5-14.2% and sales volume of 186-228 in the past year. Houses rent for $650-680 weekly, and properties sell within 7-10 days, indicating tight supply. The 1970s-era development and new builds since the mid-1990s point to infill as the main future growth driver, while recent inventory of 6 rentals and 13 sales underscores scarcity. Key risks include affordability strain after double-digit growth and thin rental availability.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
665m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst