124 Clarke Street, South Bunbury WA 6230

124 Clarke Street, South Bunbury WA 6230
Character cottage | Central South Bunbury | 413sqm manageable block | Strong rental demand The buying case rests on a rare combination of period character and high-convenience positioning in a suburb where most stock is either modern or larger. The 86sqm footprint suits downsizers and first-home buyers prioritising location over space, and the 4.7% gross yield at the lower end of the asking band is competitive for a central WA property. The absence of overlay constraints and the 80% owner-occupier street profile reinforce stability for an owner-occupier or a buy-and-hold investor. The principal risk is the 1933 construction age, which demands a thorough building inspection for wiring, plumbing, and termite history. The single bathroom and unconfirmed off-street parking narrow the buyer pool and may cap future capital growth relative to the suburb median. The opportunity lies in the gap between the asking price and automated estimates, which suggests room for negotiation if condition issues emerge, and in the property’s suitability as a low-maintenance rental with consistent tenant demand from the central location.
Detailed Independent Property Report prepared  by PropCred Analyst team for 124 Clarke Street, South Bunbury WA 6230
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

South Bunbury is a family and professional-focused suburb benefiting from Bunbury’s infrastructure upgrades, offering relative affordability and a manageable commute. Demand is driven by families drawn to schools and green spaces, professionals seeking regional connectivity, and investors attracted by strong rental growth and tight vacancy rates. The market has experienced significant price appreciation, with houses selling quickly in a low-supply environment. Future growth is underpinned by ongoing development and population inflow, though risks include the market’s recent rapid price acceleration and the potential for a supply response to rebalance the tight rental conditions.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

413m²

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