10 Rheingold Place, Mirrabooka WA 6061

10 Rheingold Place, Mirrabooka WA 6061
3 bed, 1 bath, 718m² block | renovated kitchen and bathroom | quiet street in established Mirrabooka | family oriented demand profile This is a well presented single level house on a substantial block in a quiet pocket of Mirrabooka, a suburb that still offers older, larger lot sizes compared to newer infill developments. The renovated kitchen and updated bathroom, combined with quality timber flooring, lift this property above much of the unrenovated stock in the area. It is best suited to owner occupier families who want move in condition, yard space, and a low traffic street, or to investors targeting stable family rental demand on a land backed holding. The configuration is straightforward and functional, with no wasted space. The 718 square metre block is the strongest value driver here, as it offers future flexibility for extension, subdivision, or simply holding land in a suburb where larger lots are becoming less common. The single bathroom may be a constraint for some family buyers, particularly those with older children or dual occupancy needs, and could limit the pool of willing purchasers at the top end of the price range. The quiet street is a genuine advantage, but it also means the property may not benefit from the same visibility or convenience as those closer to main roads or amenities. A buyer should weigh the trade off between space and configuration when forming their view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 10 Rheingold Place, Mirrabooka WA 6061
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Market Insight:

Mirrabooka is a tightly held suburb with strong owner-occupier presence, where demand is driven by affordability and high rental yields. The market is characterised by rapid price appreciation and exceptionally fast sales, particularly for houses, indicating intense competition among buyers. Future growth is underpinned by its relative value, though its sensitivity to mortgage costs and limited stock turnover present inherent market constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

718m²

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