111 Meadow Springs Drive, Meadow Springs WA 6210
111 Meadow Springs Drive, Meadow Springs WA 6210
4 bed family home | 600m² established lot | 2007 build | Mandurah council area
This property presents a competitively priced, modern family home on a full-sized lot in an established street. Its 200-square-metre layout and 2007 construction date offer a low-maintenance entry into a settled neighbourhood, best serving owner-occupiers seeking space without the premium for a new build. The recent sale provides a clear, contemporary valuation anchor, suggesting the current listing may offer a margin for negotiation against the estimated value.
The primary risk is the absence of granular data on local buyer profiles and rental demand, which obscures its income potential or resale audience. The circa-19-year-old building requires a diligent inspection for deferred maintenance. Proceed with a building and pest report; this property is a hold for long-term capital growth, not short-term gain, given the suburb’s maturity.
Recent comparable sale:
111 Meadow Springs Drive: Sold 28 November 2024 for $775,000 (4 bed, 2 bath, 601m²).
This direct comparison establishes a strong recent market price for the identical property, making any premium in the current listing immediately apparent and providing a solid basis for offer strategy.
Detailed Independent Property Report prepared by PropCred Analyst team for 111 Meadow Springs Drive, Meadow Springs WA 6210
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Meadow Springs is a family-oriented suburb experiencing robust demand, driven by its appeal to established households. This has resulted in sustained price growth, supported by tight stock levels and competitive market conditions. Future momentum is anticipated if limited listings persist, though a recent uptick in available properties suggests a potential moderation in the current high-velocity sales environment.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
601m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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