110 Piazza Link, Alkimos WA 6038

110 Piazza Link, Alkimos WA 6038
3-bed house in Alkimos | Near top-tier schools | 160mΒ² living | 8 days on market This house presents a competitively priced entry into the Alkimos primary and college catchment zones, a key driver for family demand. Its 160mΒ² building size offers above-average internal space for a three-bedroom home in this area, positioning it as a practical, modern family residence. The brief eight-day market exposure suggests immediate buyer interest, likely anchored by its proximity to sought-after government schools within 0.8km. The primary risk is the lack of recent, direct comparable sales to firmly anchor its value against the $729,000 asking price. Nearby villa and land value estimates show a wide band, introducing pricing ambiguity. For a buyer, the opportunity lies in securing a catchment-sure property with scale; treat it as a long-term hold for family use or a rental targeting the school-driven tenant market. Proceed with a conditional offer, benchmarking against the $729,000 recent sale on the same street. Nearby sales context: – 109 Piazza Link: 3 bed, 2 bath, sold last 12 months at $729,000. – 95A Piazza Link: 3 bed villa, 2017 build, estimated value $788,000. This indicates the subject property’s asking price aligns with the latest sale, but sits below the estimated value of a newer, similar-sized villa, suggesting its price reflects a potentially older build or standard finishes.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Alkimos is a developing coastal suburb experiencing robust property growth, driven by strong demand from owner-occupiers and investors. This is evidenced by exceptionally quick sales times and rising rental returns. Recent price trends show significant annual growth, supported by high sales volumes and ongoing infrastructure projects which serve as key future drivers. The market’s primary constraint is its sensitivity to broader economic conditions, given the high proportion of mortgaged owners.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

160mΒ²

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