10 Compton Court, Hannans WA 6430
10 Compton Court, Hannans WA 6430
This is a three-bedroom, one-bathroom single-story house built in 1988, with 101 square metres of living space on a 784 square metre lot. It offers one parking space and is tenanted at $570 per week until mid-2027.
The property’s competitive strength lies in its large, well-proportioned lot and existing long-term tenancy, which provides immediate and predictable rental income. As a single-story 1980s build, it represents a straightforward entry point into the Hannans market, a rural locality where larger blocks are standard but modernised homes are less common. This property is best suited to an investor seeking a stable, low-management holding with scope to add value through future renovation or reconfiguration, rather than an owner-occupier looking for a turnkey home.
The sale price is positioned above the property’s estimated value, which may reflect a premium for the secure tenancy or optimism about future capital growth. The modest living area and single bathroom may limit appeal to families, while the single garage and absence of modern finishes or amenities suggest the building itself is not a standout. A buyer should weigh the value of the long-term lease against the cost of eventual upgrades, and consider whether the lot size offers development potential that could justify the current asking price.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Compton Court, Hannans WA 6430
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Hannans is positioned as a high-demand residential market, driven by young professional families seeking established housing. This demographic is fueling a market characterised by exceptionally strong capital growth and rapid sales, with houses transacting in a matter of days. The sustained low vacancy rate and robust rental yields underscore a fundamental supply-demand imbalance. Future growth is underpinned by this persistent undersupply, though the high proportion of mortgaged owners suggests potential sensitivity to economic shifts.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
784m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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