10 Walden Street, Wellard WA 6170

10 Walden Street, Wellard WA 6170
Compact 3×2 on 228m² lot | 169m² internal, high coverage | No overlays, standard residential use | Wellard Village and Gilmore catchment | Investor-friendly rental profile The property is presented as a compact modern-lot house with a notably efficient use of its 228m² land. The 169m² internal area is generously proportioned relative to the site, resulting in a low-maintenance floor plan that is suited to buyers seeking minimal upkeep without sacrificing living space. Its residential zoning and absence of planning overlays are seen as providing straightforward owner-occupier or investor use. The location within Wellard is placed within established school catchments, while the suburb’s master-planned character and ongoing estate development reinforce a practical, transport-linked lifestyle. This house is best suited to first-home buyers, young families, or investors aiming for consistent rental demand in a well-serviced outer-metro corridor. The high building coverage, while efficient, may limit future redevelopment or significant extension opportunities. Condition and internal finish will likely be the primary drivers of value, as comparable stock in the area tends to be standardised. Proximity to schools and estate amenities might support price resilience, but the lack of a large land component could cap upside compared to broader suburban blocks. Buyers should weigh these factors when forming a view on price. >> Comparable Sales: 18 Walden Street (3×2, 2013) and Sunrise Estate dual-occupancy (3+2 bed) | Property Price Band: $700k–$800k | Value Drivers: condition, layout efficiency, school catchment
Detailed Independent Property Report prepared  by PropCred Analyst team for 10 Walden Street, Wellard WA 6170
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✓
Execution Risk ✕ 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Wellard, in Perth’s southern corridor, is an affordable growth suburb. Demand is driven by young families, first-home owners, and investors attracted to commuter rail access and improving amenities. House prices have risen 8.7-12.4% annually, with medians ranging from $587,500 to $735,000; units grew 7.4-12.4%, with medians around $475,000-$495,000. Market conditions are tight: houses sell in 13-16 days, with weekly rents of $660-$680 for houses and $550-$570 for units. Gross yields are 4.4-4.9% for houses and 5.3-6.2% for units. Population growth from new estates and infrastructure upgrades support future demand. Key risks include affordability pressure above $700,000, new supply, and interest-rate sensitivity.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

228m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat