1 Benedick Road, Coolbellup WA 6163
1 Benedick Road, Coolbellup WA 6163
6 bedrooms, 2 bathrooms, 2 car spaces on an 802m² corner block with R60 zoning and a granny flat. Built 1967.
This property is competitively positioned as one of the largest residential offerings in Coolbellup, both in bedroom count and land size. The corner block configuration with R60 zoning is genuinely rare in this suburb, where most homes sit on smaller lots with lower density allowances. The granny flat adds a layer of versatility that standard family homes cannot match, making this house suitable for multi-generational households or investors seeking dual-income potential. It serves best a buyer who values space and future flexibility over turnkey perfection, as the older construction requires some attention but offers significant upside.
The 1967 build age may affect value through ongoing maintenance requirements, particularly for plumbing, electrical, and roofing systems that are nearing end-of-life. The corner block location, while offering better light and access, might introduce more street noise than a mid-block position. Market duration of 57 days could indicate price expectations have not yet aligned with buyer sentiment, though this may also reflect the niche nature of a 6-bedroom property in a suburb where 3-bedroom homes are typical. Buyers should weigh the cost of any necessary updates against the potential from the R60 zoning, which allows for future subdivision or redevelopment.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Benedick Road, Coolbellup WA 6163
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Coolbellup is a well-located family suburb with strong owner-occupier appeal, driven by young professionals and couples seeking a connected, green lifestyle near key amenities. The house market is characterised by rapid sales and robust capital growth, reflecting high demand. Future prospects are supported by its demographic profile and lifestyle appeal, though an oversupply of listings presents a key constraint, requiring realistic vendor pricing to sustain momentum.
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PropCred Estimated Value
Bedrooms
6
Bathroom
2
Parking
2
Land
802m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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