108 Bellingham Parade, Wellard WA 6170

382m² lot | 3-bed house | Wellard | 11-day median market | 80% owner-occupied street This property is priced below its estimated value in a suburb where three-bedroom houses sell in under two weeks, indicating strong demand and limited supply. The 382m² lot is a competitive edge in a market dominated by families, and the 80% owner-occupied street profile suggests stable neighbourhood character and lower turnover risk. The property is best suited to a buyer seeking a well-positioned family home with immediate school catchment access, particularly for primary-aged children. The primary risk is the asking price relative to the suburb median, which may reflect vendor expectation above current market evidence, though the gap narrows when considering the estimated value. The property has only been listed for one day, so there is limited negotiation leverage at this stage. However, the fast average days on market and low rental turnover in the street create an opportunity for a buyer who can act decisively, as competition is likely to be high and waiting may result in losing the property to another purchaser.