11 Mckenna Drive, Cardup WA 6122
11 Mckenna Drive, Cardup WA 6122
Large rural-residential lot | dual-living granny flat | pool & extensive outbuildings | bushfire & flood overlays present
This property presents a rare, configured offering for a specific buyer. Its scale and self-contained granny flat create immediate utility for extended families or a home business, a functional edge over standard homes. The substantial sheds and workshop support a self-sufficient lifestyle, positioning it as a operational base rather than just a residence. It best serves those seeking space and functional versatility, not merely bedroom count.
Your decision hinges on managing its inherent risks. The bushfire and flood overlays will directly impact insurance premiums and may necessitate costly mitigation works, eroding the value of the large lot. The price premium over newer, smaller lots pays for established infrastructure and space, but the commercial logic requires you to fully utilise the auxiliary buildings to justify the hold. Treat this as a lifestyle purchase with operational overheads; a Propcred report would quantify the overlay impacts on valuation and insurability, and pressure-test the locality’s growth against these risks.
Nearby sales indicate its marketed position: 159 Bournbrook Avenue (4 bed, 11,003m²) at $1,850,000 suggests a premium for this property’s extra bedroom, granny flat, and pool. The new house/land packages on 375m² lots around $800,000 highlight the vast price differential for established, large-scale rural living, framing this property’s ask within the premium segment for land and configuration.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Mckenna Drive, Cardup WA 6122
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Cardup is a tightly held, high-ownership suburb experiencing exceptional capital growth, with houses selling rapidly. This intense demand is driven by a high-income demographic seeking secure, established housing. The market is characterised by very strong price appreciation and extremely low turnover, indicating deep-seated owner-occupier commitment. Future growth is underpinned by this affluence and scarcity, though the primary constraint remains significant affordability pressure for new entrants.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
10
Land
1.29 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!