10 Cosin Street, Piara Waters WA 6112

10 Cosin Street, Piara Waters WA 6112
Modern 3×2 on compact 313sqm | Built 2015 with 116sqm internal | 90% owner-occupier street | Strong suburb growth profile. This property presents a compelling buying case for those seeking a low-maintenance, modern house in a high-demand, family-oriented suburb. The 90% owner-occupier rate on Cosin Street signals a stable, well-cared-for neighbourhood, which directly supports long-term value retention. The 2015 build and efficient 116sqm internal layout offer a turnkey proposition, eliminating immediate renovation needs and appealing to time-poor professionals or young families. The compact 313sqm block, while small, positions the house as an affordable entry point into a suburb where median prices have risen significantly, providing a clear configuration edge over older, larger homes that may require more upkeep. A key consideration is the compact land size, which limits future subdivision potential and may feel constrained for buyers seeking a large backyard. However, this is offset by the property’s positioning within a strong growth corridor and its proximity to quality schools, which underpins consistent demand. The 2016 purchase price of $417,000 highlights the suburb’s substantial capital growth, and while past performance does not guarantee future results, the area’s demographic profile of young families suggests ongoing demand. The opportunity lies in securing a modern, low-risk house in a street with high owner-occupier stability, where the primary risk is a potential market slowdown rather than any specific property defect.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 10 Cosin Street, Piara Waters WA 6112
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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

3

Bathroom

2

Parking

2

Land

312mยฒ

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