10B Aachen Cres, Gwelup WA 6018

10B Aachen Cres, Gwelup WA 6018
Modern compact house | Gwelup premium pocket | Family demand strong | Lake school close | Small lot trade-off The property is positioned within a quiet suburban pocket where modern three-to-four-bedroom houses on compact lots are the norm. Its configuration suits owner-occupier families and downsizers seeking low-maintenance living close to Lake Gwelup Primary School. The street has a premium rental character, indicating steady interest from executive tenants and family renters. The house is expected to appeal to buyers prioritising newer finishes, efficient layouts, and a well-connected northern suburbs address. Value may be influenced by the small land area and the absence of a large outdoor space, which could limit appeal for buyers seeking traditional gardens. The exact floor level and internal finishes might also shape price expectations, as could the level of modern presentation. Proximity to the school and the street’s positive demand profile may provide support, but any orientation or aspect constraints could have a moderating effect.
Detailed Independent Property Report prepared  by PropCred Analyst team for 10B Aachen Cres, Gwelup WA 6018
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

Gwelup, 15km from Perth, sits between Balcatta, Carine, Innaloo and Karrinyup. Demand is driven by professional families, with a high proportion of couples with children and a very high family household share. The median house price is $1.52–1.6 million, with growth between 3.7% (12 months) and 9.0% annually. Houses sell in 8–9 days for four-bedroom stock and 26 days overall, indicating tight supply. Gross rental yield is 3.8%, low relative to prices. Future growth is supported by family-oriented demand and a limited annual sales volume (43–59 houses). Key risks are affordability and rate sensitivity at this price point. Unit data is thin, but two-bedroom units average $872,000.
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PropCred Estimated Value

Comparable Sales: 29 Aachen Crescent (2020) – $1.45M; 33 Aachen Crescent (2025) – $1.57M | Property Price Band: $1.4M–$1.5M | Value Drivers: condition, land size, layout

Bedrooms

3

Bathroom

2

Parking

1

Land

900m²

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