116A Barbican Street E, Shelley WA 6148

116A Barbican Street E, Shelley WA 6148
3×2 compact house | 249m² block | Rossmoyne High zone | Low-maintenance build | School-driven demand This house competes on location and efficiency rather than space. Inside, the 121 m² floor plan is typical of early-2000s stock, and the three bedrooms, two bathrooms, and single garage are practical for a small family or downsizer. Its real edge is zoning: being in the Rossmoyne Senior High catchment is the primary demand driver, making this a rare, relatively affordable entry point into that school zone without the price tag of a larger Shelley property. The small land parcel limits scope for extension or outdoor living, but it also keeps upkeep minimal. It serves best a buyer prioritising school access over land area, likely a family or an investor targeting stable tenant demand. Value may be influenced by the mismatch between the compact footprint and surrounding houses on larger lots, which might narrow buyer appeal. The external condition, internal finishes, and any recent renovations are not documented here, and these could meaningfully shift what a buyer is willing to offer. Its 2009 sale price is an anchor only historically; current value depends on how scarcity of school-zone properties under $1.1M is priced. Rental income appears modest against purchase cost, so yield may not be the primary motivator. Consider whether the lack of a front garden or alfresco space reduces comparison to other Rossmoyne-zoned homes. >> Comparable Sales: Similar compact 3×2 houses in Canning’s school zones have recently sold around $950k–$1.05M | Property Price Band: $1.0M–$1.1M | Value Drivers: Rossmoyne zoning, compact land, low-maintenance condition
Detailed Independent Property Report prepared  by PropCred Analyst team for 116A Barbican Street E, Shelley WA 6148
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Shelley WA, 10km from Perth, is family-oriented: 78% of households are families, average size 2.7, 44% of owners mortgaged. Median house price is $1.46m (10.88% growth) but another source shows $1.6475m and -2.5% compound growth over 12 months. Units median $660k, down 3.37%. Houses average 13 days on market; 76 sales in 12 months. Median rents: houses $898/week, units $675/week. Gross yields: houses 3.20%, units 4.46%. Price growth is inconsistent, and unit values are falling.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

249m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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