1/39 Sherwood Street, Maylands WA 6051

1/39 Sherwood Street, Maylands WA 6051
3 bed villa | 79m² on 165m² lot | compact strata hold | school 400m | single-level likely This is a compact, established villa in a mixed Maylands pocket where older strata stock sits alongside newer family homes. The 3×1 configuration on a manageable footprint makes it a practical entry point for first-home buyers or downsizers wanting single-level living near the river and train. Its strength lies in the balance of location and simplicity—nothing flashy, but the fundamentals are sound. The 165m² land component, while modest, offers more private outdoor space than an apartment, which broadens its appeal to buyers who want a small yard without the upkeep of a larger house. It serves best as a low-maintenance owner-occupier property or a steady rental holding, given the area’s consistent demand for compact dwellings close to the city. The value picture may hinge on condition and presentation more than anything else. A dated interior might cap its price against renovated comparables, while a fresh kitchen or bathroom could lift it noticeably. The strata arrangement, including fees and any shared walls, might also shape buyer perception—some will prefer the privacy of a standalone house, others will accept the trade-off for location. The lack of a confirmed storey count or aspect means the actual layout and light quality could shift its appeal either way. Buyers should weigh what a modest renovation would cost against what the finished result might return in this market. || Comparable Sales: 2/39 Sherwood St townhouse, 97m², est. $705K; 35 Sherwood St 1 bed unit sold $435K Sep 2025 | Property Price Band: $700K–$800K | Value Drivers: condition, land size relative to unit stock, single-level layout appeal
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/39 Sherwood Street, Maylands WA 6051
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk 2
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Market Insight

Maylands, an inner-Perth suburb, draws demand from young professionals aged 30-39; population rose 4.95% from 2016 and household incomes are high. House prices have climbed 23.8-31.4% annually to $1.09M-$1.27M, while units grew 18.3-22.3% to $550k-$600k. Market conditions are tight: houses sell in 10-13 days. Rents are firm at $750/week for houses and $595/week for units, with yields of 3.4-3.6% and 5.4-5.6% respectively. Transport connectivity underpins future demand, as does continued population growth. Constraints remain: affordability is stretched, with median monthly mortgage payments of $2,410 in Perth’s top 26%, and 30.1% of stock is rentals, leaving the suburb exposed if tenant demand weakens.
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PropCred Estimated Value

Comparable Sales: 2/39 Sherwood St townhouse, 97m², est. $705K; 35 Sherwood St 1 bed unit sold $435K Sep 2025 | Property Price Band: $700K–$800K | Value Drivers: condition, land size relative to unit stock, single-level layout appeal

Bedrooms

3

Bathroom

1

Parking

-

Land

1012m²

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