224A Orrong Road Carlisle WA 6101
224A Orrong Road Carlisle WA 6101
1952 villa-style house | 3 bed, 1 bath | Lathlain Primary catchment | NBN FTTP | 5G coverage
This property presents a competitively priced entry into the Carlisle market, positioned below the suburb median for three-bedroom houses. Its strongest attributes are the villa-style character and the confirmed school catchment, which typically sustains demand from young families. The configuration suits an owner-occupier seeking a renovatable home on a standard block, or an investor targeting the primary school demographic with a straightforward rental proposition.
Significant data discrepancies on land size and internal area represent a material due diligence cost, requiring immediate council record verification to validate the true development potential and avoid overpayment. The recent 2023 sale suggests a potential quick turnaround by the vendor; proceed only with a precise, independent valuation to anchor your offer. A prudent buyer would commission a full property inspection and title review to quantify renovation scope, then hold as a long-term rental given the calculated yield.
A direct comparable at 204 Orrong Road sold for $795,000. It offered a larger land area but one less bedroom, providing a benchmark that supports the subject property’s valuation range when adjusting for the bedroom count and smaller land size.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Carlisle presents as a dynamic, high-growth suburb driven by young, professional owner-occupiers. Demand is robust, evidenced by exceptionally fast sales and significant recent capital appreciation. This momentum is anchored in a demographic of mortgage-holding singles and couples, creating a competitive and tightly held market. Future growth will hinge on sustaining this demographic appeal, though typical constraints of affordability and interest rate sensitivity apply in such an active segment.