1 Hammond Road, Success WA 6164
1 Hammond Road, Success WA 6164
Large acreage | 5 bedrooms | Off-market | Success WA
This property offers something genuinely rare in the Success market โ a five-bedroom home on 1.74 acres within commuting distance of Perth. For buyers seeking space without sacrificing suburban access, the land-to-dwelling ratio here is the primary competitive edge. The off-market status suggests a motivated seller, which can work in a buyer’s favour if terms are negotiated directly. It best suits a multigenerational household, a buyer with livestock or horticultural interests, or someone looking to hold land in a growth corridor where the suburb has seen 13.5% annual growth and a median house price of $820,000.
The main risk is that the house itself may not match modern expectations โ off-market listings often signal deferred maintenance or dated finishes, and without recent transaction data, the true condition is unknown. Renovation or demolition costs must be factored into any offer. On the opportunity side, the Cockburn district’s infrastructure and school access support long-term value, and the block size alone creates subdivision potential if zoning permits. Hold this property as a land bank with rental income potential, or improve and sell into a market with strong buyer demand.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Success is positioned as a high-growth outer suburb, attracting young families with its strong transport links and parkland amenities. Demand is driven by this demographic, seeking modern housing amid broader state population growth, resulting in rapid price appreciation and exceptionally tight market conditions with swift sales. Future growth is underpinned by sustained migration and limited new supply, though affordability pressures and interest rate sensitivity present notable constraints for mortgaged households.