21 Katrine Way, Hamersley WA 6022

4-bed family home in an established suburb with 11% annual growth and strong rental demand in WA; buyer segments: upgraders and investors. The property at 21 Katrine Way represents a mid-range family offering in Hamersley’s established residential market. As a 4-bedroom home, it sits within the suburb’s core demographic profile where 77% of households are family-oriented and average 2.6 people per dwelling. Market positioning shows this property type commands a median price around $1.09 million for 4-bedroom homes in the suburb, with the listing aimed at families seeking established neighborhood attributes rather than new construction, and a 728 square metre lot size typical of Hamersley’s housing stock. Buyer segments likely to pursue this property include upgrading families moving from smaller homes, investors targeting rental yields in a strong demand environment, and owner-occupiers seeking mortgage-friendly pricing in a growth corridor. Rental demand in Hamersley remains robust within Western Australia’s market context, with weekly rents for 4-bedroom homes around $800, indicating steady tenant interest. Growth drivers include Hamersley’s 11.2% annual compound growth rate for houses, supported by population growth and limited new housing supply in coastal Western Australia. The suburb’s proximity to job centers and established infrastructure supports sustained demand. Location advantages center on established amenities, a family-oriented character, and accessibility to employment areas, while potential disadvantages relate to the property’s age relative to newer developments in outer suburbs and competition from newer housing stock with modern features. Risks include exposure to broader WA economic cycles tied to the resource sector and potential interest-rate sensitivity affecting affordability, with mortgage holders comprising about half of owners in the suburb.