1 Bingarra Close, Port Kennedy WA 6172

1 Bingarra Close, Port Kennedy WA 6172
4×2 family layout | 600-700sqm block | late 1990s build | near schools and coast | solid investor demand This property is understood as a dependable family house in an established coastal suburb. A likely four-bedroom, two-bathroom, double-garage configuration on a mid-600sqm block is well matched to families needing room for children, vehicles and outdoor living. The single-level layout, separate lounge and open-plan kitchen/meals area are seen as practical rather than showy, which is valued by owner-occupiers. Convenience is reinforced by the short drive to primary and secondary schools, local shops, the boat ramp and coastal open space. The same profile is also considered attractive to investors, as the area shows consistent demand for straightforward four-bedroom homes with predictable tenancy appeal. Value may be influenced most strongly by the condition of the kitchen, bathrooms and windows, as these are the main cost items in an older standard build. A higher price might be achieved if updating has been done recently, or added features such as a patio, solar or workshop are present. Conversely, a dated interior or tired landscaping could limit how much is offered relative to improved stock. The flat block and street position are expected to support value, but which segment of the family market this property reaches is likely determined by presentation. >> Comparable Sales: 1 Melbourne Close (4×2, 607sqm) sold at $800k; 16 Galley Close (4×2, 690sqm) sold at $820k | Property Price Band: $800k-$900k | Value Drivers: condition, land size, layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Bingarra Close, Port Kennedy WA 6172
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Port Kennedy is a tightly held Greater Perth coastal suburb with strong owner-occupier demand, reflected in a high share of mortgaged owners and constrained rental supply. House prices grew 7.35–11.5% annually across sources, with medians from $715,000 to $772,500; units grew 25.36% to $613,000. Annual sales hit 256, and houses sell in as few as 8–11 days, though one source reports 43. Gross house yields are 3.7–4.69%. Rental pressure persists: vacancy is 0.70%, median house rent is $650, and rents rose 6.6%. Supply remains the key constraint-only 13 properties were for sale last month, after 75 house listings the prior month-while high mortgaged ownership leaves the market sensitive to rates. Low stock and a tight rental market should continue to underpin prices.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

770m²

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