105 Lycaste Parade, Treeby WA 6164
105 Lycaste Parade, Treeby WA 6164
4x2x2 house | 359 m² lot | family-commuter mix | larger than typical Treeby | finishes unverified
A 4-bedroom house with two bathrooms and double parking is offered on a 359 m² lot, placing it above the typical compact holdings in Treeby. The configuration is seen as well-suited for family buyers seeking a detached house with room to grow. The property’s position within a recent master-planned suburb is supported by commuter access and modern infrastructure. The larger-than-standard land area is considered a genuine advantage, allowing for future extension or outdoor living. This property is best matched to first-upgraders and young families who need proximity to employment nodes yet prefer a quieter residential street.
Price perception might be affected by the absence of a confirmed building year and internal floor area, as finishes and layout efficiency remain unverified. Future value might be influenced by how the property compares with newer house-and-land stock, though its larger lot offers a buffer. Market conditions and family-home demand in this corridor might also shift the final outcome. A cautious approach is advised, with attention given to building inspection and title details.
>>Comparable Sales: 93 Lycaste Parade sold for $611,000; 27 Lycaste Parade sold for $835,000 | Property Price Band: $1.3M-$1.4M | Value Drivers: land size, 4x2x2 layout, family location
Detailed Independent Property Report prepared by PropCred Analyst team for 105 Lycaste Parade, Treeby WA 6164
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Market Insight
Treeby, 20km from Perth, is a fast-maturing market underpinned by young professional households with high incomes and a mortgage-heavy base-81% of owners carry debt, a structural rate sensitivity. Median house prices range from $865,000 to $917,000 across sources, with annual growth of 6.9% to 19.3%; momentum is intact despite measurement differences. Turnover is generally brisk: median days on market range from 7 to 38, with four-bedroom homes at 27 days; annual sales sit around 80 to 120. Rental conditions support the market, with gross house yields of 4.8% and weekly rents near $780-$798. Growth drivers include rapid population expansion and earnings well above the metropolitan average; the key constraint is affordability pressure on a leveraged buyer base, leaving prices exposed to rising rates.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
359m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst