125 Eglinton Cres, Hamersley WA 6022

125 Eglinton Cres, Hamersley WA 6022
4-bed 1972 house on 709mΒ² lot | 46% building coverage | No overlays | Fibre NBN & 5G | Warwick SHS intake This property presents a strong foundation for a long-term hold, particularly for a family seeking land content and renovation potential within a stable suburban setting. Its 709 square metre lot with low coverage rules offers clear expansion potential, while the absence of overlays simplifies future development. The four-bedroom configuration and catchment for Warwick Senior High School directly target the owner-occupier segment, providing a durable demand base. Reliable connectivity is a supporting utility. The primary cost is the dated 1972 build, requiring capital to modernise finishes and possibly increase the single bathroom count to meet contemporary standards. Its value is intrinsically tied to the land, making it vulnerable to shifts in the broader Stirling market. Proceed with a renovation budget in mind; this house is a strategic land purchase with a dwelling that currently serves as a holding income source. Its optimal use is as a long-term family home, with value unlocked through capital improvement. Nearby, 126 Eglinton Cres, with a larger 772mΒ² lot and two car spaces, carries an estimated value of $1,110,000. This suggests the subject property’s estimated value near $1.13 million is positioned within the established range for the street, with its slightly smaller lot balanced by an additional two bedrooms. The presence of over 120 properties on the crescent provides a deep pool of comparable sales data to benchmark any offer, reinforcing that value here is driven by land scale and configuration.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Hamersley is a tightly held, family-centric suburb in Perth’s north, characterised by strong owner-occupier demand. The market is driven by middle-income families seeking established houses, evidenced by rapid sales and sustained high price growth. This creates a competitive environment with low stock turnover. Future performance is underpinned by its established family appeal but is sensitive to broader affordability pressures and interest rate movements which could temper the current momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

709mΒ²

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