113 Broadway Boulevard, Piara Waters WA 6112
113 Broadway Boulevard, Piara Waters WA 6112
3×2 low-maintenance house | 2016 build, compact 220sqm lot | park-facing position, walkable amenities | suited to first-home buyers and investors
This is a well-configured 2016-built house on a compact lot in a growth corridor, positioned directly opposite parklands and within walking distance of shops, cafes, medical services, and public transport. The 146sqm floorplan with three bedrooms, two bathrooms, and two car spaces is efficient and low-maintenance, which suits first-home buyers, downsizers, and investors seeking a turnkey proposition. Being in the Piara Waters Primary and Senior High School catchments adds family appeal, while the NBN FTTP and 5G coverage ensure modern connectivity. The 66% site coverage is typical of newer infill product in this corridor, and the absence of bushfire, flood, or heritage overlays reduces planning risk.
The compact 220sqm land size may limit future extension potential and outdoor space compared to larger-lot stock, which could affect resale appeal for buyers seeking a bigger yard. Orientation and internal finish quality are not verified from available data, so a physical inspection is needed to confirm natural light, floorplan flow, and material standards. The estimated rent of $765 per week implies a gross yield around 4.7 to 4.8 percent, which is reasonable for this product type, but vacancy rates and tenant demand in the immediate pocket should be checked. Without confirmed recent comparable sales nearby, the asking price should be tested against settled transactions in the same street or similar lot configurations.
Detailed Independent Property Report prepared by PropCred Analyst team for 113 Broadway Boulevard, Piara Waters WA 6112
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Piara Waters is a high-demand suburb characterised by rapid turnover and strong price appreciation, driven by its appeal to affluent families. This demand is supported by robust sales activity and a consistently tight supply of listings. While the market demonstrates significant momentum, its high price point relative to local rents presents an affordability consideration for future growth.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
220m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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