137 Walter Road E, Bassendean WA 6054
137 Walter Road E, Bassendean WA 6054
3×1 on 764sqm | 1985 brick and tile | heritage overlay present | single-level renovated layout
This property occupies a position of competitive strength in Bassendean primarily because of its land area. A 764 square metre lot of this size is increasingly uncommon in established suburban pockets, and when paired with a single-level brick and tile home from 1985, the offering becomes one suited to owner-occupiers seeking space without the maintenance demands of a period house. The renovated interior, open plan lounge and dining, and galley kitchen give it a move-in ready quality that appeals to family renters and downsizers alike. The presence of solar panels, NBN Fibre to the Premises, and 5G coverage adds practical modern amenity without inflating the price point. For a buyer wanting a detached house on a substantial block in a well-serviced suburb, this property delivers a rare combination of size, condition, and convenience.
The heritage overlay is the single most material factor a buyer should weigh when forming a view on price. It may constrain external alterations, approvals for redevelopment, or subdivision potential, which in turn limits the upside for someone looking beyond a straightforward home occupation. The 3×1 configuration with one bathroom may also narrow the buyer pool slightly, as contemporary family expectations lean toward at least two bathrooms. The 1985 build year, while modern enough to avoid major structural concerns, sits in a middle ground where some systems may be approaching renewal. These factors do not undermine the property’s fundamental appeal, but they should inform how a buyer values it relative to similar blocks without overlay constraints.
Detailed Independent Property Report prepared by PropCred Analyst team for 137 Walter Road E, Bassendean WA 6054
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Bassendean is a tightly held inner-ring suburb experiencing robust demand from young professionals, reflected in rapid sales and strong price growth. This demographic is drawn to its proximity to Perth and established character, creating a competitive market with low vacancy and rising rents. Future growth is underpinned by sustained demand for family homes, though limited rental stock and a constrained sales pipeline present key constraints to supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
764m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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