102 Palfrey Street, Brabham WA 6055

102 Palfrey Street, Brabham WA 6055
Newer family house | multiple living zones | high-spec kitchen | strong school and park proximity | growth suburb appeal This property sits at the upper end of Brabham’s typical housing stock, offering more than the standard four-bedroom family layout. With multiple living areas, a study or fifth bedroom, high ceilings and a gourmet kitchen, it is built for households that want room to spread out without stepping into a larger or older home. The configuration suits growing families, particularly those prioritising school access, parks and everyday convenience. In a suburb defined by newer detached housing, this house stands out for its specification and internal flexibility, which should hold strong appeal among owner-occupiers seeking a long-term family property. The value picture may be shaped by how the property compares to similar modern houses in the immediate area, particularly those with equivalent living space and finish quality. Its position within the estate, proximity to schools and the train station, and the overall presentation could influence buyer perception more than any single feature. Market conditions in newer growth suburbs can shift with supply levels, so the final price may depend on how many comparable houses are available at the time of sale. Buyers should weigh the premium for upgraded finishes against what is typical in the suburb. || Comparable Sales: 4 bed 2 bath house sold Jul 2024 around $650k–$780k | Property Price Band: $700k–$800k | Value Drivers: multiple living zones, kitchen specification, proximity to schools and transport
Detailed Independent Property Report prepared  by PropCred Analyst team for 102 Palfrey Street, Brabham WA 6055
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

Brabham, a newer suburb in Perth’s north-east corridor, is a high-growth family market. Demand is driven mainly by young couples and families aged 20–39; 83% are purchasers, with many trades workers and professionals drawn to new housing and proximity to north Perth employment hubs. The median house price is about $745,000, with annual growth between 10.8% and 13.4%. Houses sell quickly, typically within 6–12 days, and gross rental yields near 5% point to robust investor interest. Ongoing regional infrastructure and Swan Valley development support future demand, while the population surged 162% over five years. Key constraints are stretched affordability above $700k, high rate sensitivity among younger buyers, and limited unit supply, which narrows entry-level options.
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PropCred Estimated Value

Comparable Sales: 4 bed 2 bath house sold Jul 2024 around $650k–$780k | Property Price Band: $700k–$800k | Value Drivers: multiple living zones, kitchen specification, proximity to schools and transport

Bedrooms

4

Bathroom

2

Parking

2

Land

504m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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