11 Prosperity Drive, Maddington WA 6109
11 Prosperity Drive, Maddington WA 6109
4 bedrooms | 2 bathrooms | 420 square metre lot | heritage and flood overlays noted
This property is competitively positioned as a larger-format detached house on a 420 square metre lot, offering generous internal space at 243 square metres. In Maddington, such a configuration is uncommon among newer stock, which tends toward smaller townhouse formats. It is best suited to a family buyer seeking a standalone house with room to grow, as the four-bedroom layout and double garage provide practical family accommodation. The property sits within a residential setting with good digital connectivity, which supports both owner-occupier and investor interest, though the latter may be tempered by the yield implications of its higher price point relative to surrounding stock.
The presence of flood and heritage overlays may materially affect the property’s value by constraining future development or renovation options, potentially limiting buyer pool to those comfortable with existing approvals. The land size and house footprint are strong, but the overlays suggest a buyer should weigh any intended modifications carefully, as approval processes may add time and cost. This property’s value is likely supported by its size and configuration, yet the overlays may introduce a discount compared to unencumbered lots in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Prosperity Drive, Maddington WA 6109
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Maddington WA 6109
Maddington is a suburb with strong demand from working professionals, particularly tradespeople, underpinning its market. This demographic is driving robust price growth, with recent sales activity reflecting a fast-moving and competitive environment for houses. Future prospects are supported by this solid demand base, though the limited current supply of both rental and sale listings presents a key constraint on market fluidity.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
420m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst