112 Wellington Road, Dianella WA 6059
112 Wellington Road, Dianella WA 6059
Large 728sqm block | R25 zoning | near 20m frontage | strong owner-occupied street
This property presents a rare combination of a substantial 728 square metre block with nearly 20 metres of frontage and R25 zoning, which together offer genuine future development optionality. The older brick-and-tile home, while modest with three bedrooms and one bathroom, sits on a site that commands a premium for its land-to-improvement ratio. The street profile, with 85% owner-occupiers and long-term residents, signals low turnover and stable demand, making this a strong candidate for a buyer seeking a hold-and-develop strategy or a high-yielding rental in a well-connected pocket close to schools and shops.
The primary risk lies in the home’s age and condition, as the 1968 build with single bathroom may require immediate or near-term capital expenditure to achieve top rental returns or comfortable owner-occupancy. However, the large backyard and shed provide scope for value-adding improvements, and the FTTP connection supports modern living needs. For a buyer prepared to look past the dated interior, the opportunity is to secure a development-ready site in a growth suburb without paying a premium for a renovated dwelling, effectively buying land at a discount.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 112 Wellington Road, Dianella WA 6059
Market Insight:
Dianella is a high-demand, owner-occupied suburb experiencing exceptional capital growth, driven by a young, established demographic. This demand is reflected in remarkably swift sales and a critically tight rental market. Recent price trends show robust and accelerating growth across both houses and units, indicating strong buyer competition. Future performance will hinge on sustained demand from this core demographic against the inherent constraint of limited available supply.