38B Burroughs Road Karrinyup WA 6018
38B Burroughs Road Karrinyup WA 6018
3-bed villa | 2000 build | 413m² strata lot | no overlays | Karrinyup schools
This property presents a competitively priced, low-maintenance entry into the Karrinyup market, suited specifically to downsizers or first home buyers seeking convenience. Its rear position offers privacy, and the absence of overlays simplifies due diligence. The configuration is modest against newer stock, but the price point reflects its smaller land size and single bathroom, positioning it below suburb median.
The primary risk is the strata title on a duplex lot, which may limit future land value appreciation compared to free-standing houses. Rental demand appears stable, supporting an investment hold. Proceed if the lifestyle fit outweighs the growth trade-off, targeting a purchase price that acknowledges its dated features. Our property report validates this valuation and details locality-specific risks for informed acquisition.
Independent, Unbiased Research Report for this property by PropCred Analyst team
URL has been copied successfully!
Market Insight:
Karrinyup is positioned as a well-established coastal suburb, attracting a professional demographic and families. Demand is driven by buyers and tenants seeking modern homes, supported by ongoing infrastructure upgrades and proximity to key amenities. The housing market demonstrates robust growth, while the unit segment has experienced recent price adjustments. Future growth is anchored to its coastal appeal and consistent infrastructure investment, though affordability constraints may emerge as a key consideration.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
413m²
Assessments Delivered Today
URL has been copied successfully!