12 Parkway, Swan View WA 6056

12 Parkway, Swan View WA 6056
Large elevated block with sweeping views | recently renovated with pool and workshop | strong lifestyle appeal in a bushfire-prone escarpment setting This is an unusually large hills property that has been substantially upgraded, offering a rare combination of a 2,206 mยฒ block, a 507 mยฒ internal footprint, and a recent renovation. The four bedrooms, two bathrooms, six car spaces, in-ground pool, and outdoor entertainment area create a self-contained lifestyle proposition that is uncommon in Swan View. For a buyer seeking space, privacy, and views on the escarpment, this property provides a competitive edge in a market where such configurations are scarce. It is best suited to a family or downsizer who values a large block and is prepared to manage the associated maintenance and planning constraints. The bushfire overlay is a material risk that will affect insurance costs, landscaping choices, and any future development or subdivision potential. The heritage overlay also imposes restrictions on external alterations. The flood overlay discrepancy must be resolved through title searches before proceeding, as it could affect both use and resale. The recent sale at $600,000 followed by a listing at $1.25 million signals a significant value uplift, likely reflecting the renovation and current market conditions. The opportunity lies in securing a rare large property with strong lifestyle features in a location that may see further demand as Perthโ€™s hills market tightens.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 12 Parkway, Swan View WA 6056
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Market Insight:

Swan View is an established suburb offering relative affordability within proximity to Perth. Demand is supported by strong investor activity, evidenced by high rental yields and rapid sales, particularly for units which are experiencing exceptional capital growth. The market is characterised by high buyer urgency with houses selling swiftly. Future growth is underpinned by its stable, mature housing stock, though its evolution beyond major development phases decades ago suggests a steady rather than transformational trajectory.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

2206mยฒ

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