13 Knight Street, Northam WA 6401
13 Knight Street, Northam WA 6401
Newer infill on 1012 m² | rear access | 3-bed single-bath | no mains sewer | large-block entry market
The property presents as a relatively recent infill dwelling within a suburb where older housing on comparable large blocks is the norm. Its 1012 m² land size is considered a genuine strength, with room for a vegetable garden, a substantial shed, or future expansion subject to shire approval. The open-plan lounge and dining area is complemented by a peninsula bench kitchen with gas cooktop, and the rear verandah is accessed via sliding doors from the living space. Evaporative cooling is provided throughout. The house is best suited to first-home buyers, downsizers, or investors seeking detached single-level living on a generous block, though its single bathroom and non-sewered status are likely to narrow appeal among families expecting full-service amenity.
The absence of a mains sewer connection may influence long-term living costs and buyer financing options, while the single bathroom might limit comparison against higher-specification stock. The 2009 build date and tidy presentation may support value relative to older homes, but land appears to carry significant weight in this pocket. Buyers should weigh potential septic maintenance or future connection costs, and consider how the large block might accommodate a shed or extension, subject to council approval. The fenced-off backyard with rear access adds practical separation and could be a deciding factor for those wanting secure outdoor space.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Knight Street, Northam WA 6401
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✓
Market Insight
Northam in Western Australia’s Wheatbelt, 97km from Perth, is a high-growth market tied to regional rail and road links. Demand is led by investors drawn to gross yields above 6% on houses and units, with local trades employment supporting ownership. House prices have risen over 32% annually, medians ranging from $423,000 to $500,000, while days on market sit at 16-23. Units grew 33% to $210,000, but annual unit sales volume of two suggests constrained supply. Future growth depends on steady population around 6,500 and infrastructure. Key risks include inconsistent price data across sources and sensitivity to interest rate rises after such rapid appreciation.
PropCred Estimated Value
Comparable Sales: 16 Knight Street sold at $500k, vacant land at 50 Knight Street sold at $442k | Property Price Band: $300k–$400k | Value Drivers: land size, build age, presentation, rear access
Bedrooms
3
Bathroom
1
Parking
-
Land
1012m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst