5 Hazlett Way, Canning Vale WA 6155

5 Hazlett Way, Canning Vale WA 6155
4 bed family house|590m²|school catchment|separate living zones|large backyard A spacious family house is defined by its four-bedroom layout, with a separate master suite and three oversized bedrooms. The semi-open living zone is arranged to provide excellent separation between sleeping and living areas, a feature that is valued by families. A 590 square metre block is offered, including a large backyard and paved alfresco space. Ducted evaporative cooling is installed, and new carpets are fitted in all bedrooms. The property is positioned within the Caladenia Primary School and Canning Vale College catchments, being particularly suited to owner-occupiers with children seeking a low-density suburban environment. The final value may be influenced by the build year and the home’s orientation, with the cooling system’s performance being affected by the latter. Finish quality outside the bedrooms might be examined more closely. Demand is likely to be supported by the large block and school catchment, but the overall condition is expected to weigh heavily on price. >> Comparable Sales: 16/11 Hazlett Way villa sold for $730,000; 36/11 Hazlett Way villa sold for $1,265,000 | Property Price Band: $1.2M-$1.3M | Value Drivers: land size, school catchment, layout separation
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Hazlett Way, Canning Vale WA 6155
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Canning Vale sits as an established southern Perth suburb with strong buyer appeal, anchored by high household incomes and solid transport connectivity. Demand is driven by owner-occupiers and investors attracted to its balanced market: houses average $1,020,000 with 13.97% annual growth, while units at $668,250 grew faster at 15.71%. Market conditions are tight-houses sell in a median 14 days, with 467 annual sales reflecting healthy turnover. Rental fundamentals support investor interest: houses yield 4.22% at $800 weekly, units yield 5.21% at $675 weekly. Future growth is underpinned by persistent demand and quick absorption of stock, though affordability is now a constraint, with house prices above $1 million and recent rapid appreciation raising rate sensitivity risks. Supply-side pressure remains a watchpoint.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

590m²

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