1 Vichy Close Piara Waters WA 6112

1 Vichy Close Piara Waters WA 6112
Riva Estate | Cul-de-sac | 480sqm | 2012 build | No overlays | Evaporative cooling only. The property presents moderate risk from its single-car access lane and evaporative cooling system, which reduces appeal for premium buyers and may cost $8,000Β–$12,000 to upgrade to ducted reverse-cycle if desired. The 205sqm living area on a 480sqm lot offers above-average internal space for the estate, but the 57% building coverage leaves a modest backyard-limiting extension potential without sacrificing outdoor amenity. This house works best as a long-term family hold rather than a short-term flip, given the established Riva Estate and stable owner-occupier mix. Competitively, this is one of the larger floor plans in Piara Waters under $1.1m, with the separate theatre room and oversized patio creating genuine separation for multi-generational or home-office use. The cul-de-sac position adjacent to Riva Primary School provides a walk-to-school advantage that underpins consistent demand from families with young children, while the absence of bushfire or heritage overlays simplifies insurance and future renovations. This property suits a buyer prioritising school proximity and internal size over a modern kitchen or premium finishes. To proceed, request a pest and building inspection focused on the evaporative system and roof condition from 2012, then compare recent settled sales of similar Homestart Mayfair designs within the Riva Estate to confirm your negotiating range before the next open home.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Piara Waters is a high-demand suburb characterised by rapid turnover and strong price appreciation, driven by its appeal to affluent families. This demand is supported by robust sales activity and a consistently tight supply of listings. While the market demonstrates significant momentum, its high price point relative to local rents presents an affordability consideration for future growth.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

480mΒ²

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