12 Cassidy Road, Thornlie WA 6108

12 Cassidy Road, Thornlie WA 6108
substantial 809m2 land | 1968 three-one house | redevelopment potential | Thornlie The competitive strength is the land-to-improvement ratio. An 809-square-metre site in a settled suburb makes this a land-driven proposition. For a buyer, the house functions as a holding; value rests in the dirt. The 1968 build and three-one layout suit a renovation or redevelopment trajectory, best for a buyer with a longer horizon. The generous block anchors value against market swings. The principal risk is the dwelling’s condition. A 1968 house typically requires significant capital for updates, and buyers must budget for structural or compliance issues. Yet the age creates an opportunity: the site may support dual-occupancy or subdivision, contingent on council policy. This property works best as a land bank with a rental hold or staged renovation before a strategic sale. For the right buyer, it is a patient play on land scarcity.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 12 Cassidy Road, Thornlie WA 6108
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Market Insight:

Thornlie is an established, family-oriented suburb with strong transport links. Demand is driven by owner-occupiers and investors, attracted by its affordability relative to Perth’s rapid price growth. The market is characterised by exceptionally fast sales and robust capital appreciation, supported by rising rents. Future growth is underpinned by its established appeal, though affordability pressures and limited unit supply present constraints on broader market accessibility.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

809mยฒ

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