135 Elderberry Drive, South Lake WA 6164

135 Elderberry Drive, South Lake WA 6164
3 bed 2 bath on 700mยฒ elevated block | 1987 Mansard build | established suburban landholding | views across the neighbourhood This property offers a rare combination of a generous elevated block and a practical three-bedroom layout in an established South Lake pocket. The 700mยฒ site is noticeably larger than what is commonly found in newer infill developments, and the elevated position provides a sense of openness and privacy that flat blocks in the area rarely achieve. Built by Mansard Homes in 1987, the house represents the solid construction standards of that era, and the configuration aligns well with what families and long-term owner-occupiers typically seek. The property is best suited to buyers who value land size and outlook over turnkey modernity, and who are comfortable with a home that may benefit from thoughtful updating over time. The age of the build may mean the interior finishes and systems are original or partially updated, which could affect the property’s immediate appeal compared to a fully renovated home. The single-car garage is modest for a three-bedroom house, and may be a consideration for households with multiple vehicles. While the elevated block adds value through views and space, it may also require some attention to landscaping or retaining. These factors should be weighed carefully when forming a view on price, as they influence both the property’s livability and its longer-term capital growth potential.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 135 Elderberry Drive, South Lake WA 6164
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Market Insight:

South Lake presents as a family-oriented suburb with strong recent momentum, driven by young households seeking relative affordability within Greater Perth. This demographic demand has fuelled exceptionally robust house price growth, with a notably fast-moving sales market indicating sustained buyer competition. Future performance is underpinned by this established family appeal, though a high rate of mortgaged ownership suggests sensitivity to broader economic conditions affecting affordability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

700mยฒ

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