138 Duffy Road, Carine WA 6020
138 Duffy Road, Carine WA 6020
3 bedrooms, 1 bathroom, 1 garage. Single-level house on 683 m² with 18.1m frontage. Built 1976, largely original. Green title freehold. Located in Carine, close to Carine Open Space, Karrinyup Shopping Centre, and Warwick Station. Falls within Carine Senior High School intake area.
The competitive strength of this property lies in its land. A 683 m² green title lot with an 18.1 metre frontage is a rare configuration in this part of Carine, where newer subdivisions typically offer smaller parcels. The value is driven by the land and its immediate proximity to Carine Open Space, a major lifestyle asset, and its walkability to Warwick Station and Karrinyup Shopping Centre. This property is best suited for a buyer who intends to build a new family home, as the original 1976 dwelling requires significant capital expenditure. It occupies a position within a tightly held pocket of the suburb, where original stock is increasingly being replaced by newer builds.
The original condition of the house is the primary factor that may materially affect the property’s value. Because the finishes are largely original and the single garage is insufficient for modern households, a buyer should weigh the full cost of either a substantial renovation or a demolition and rebuild. The elevated position on the high side of the street may offer drainage advantages and a sense of space, but the building itself will not contribute meaningfully to the property’s sale price. A buyer forming a view on price should consider that the value is anchored almost entirely to the land, location, and the redevelopment potential it offers.
Detailed Independent Property Report prepared by PropCred Analyst team for 138 Duffy Road, Carine WA 6020
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Carine is an established, high-demand coastal suburb positioned for family living, with its strong school catchments and proximity to beaches driving appeal. Demand is led by high-income professionals and couples with children seeking established homes, reflected in rapid sales for larger properties. The market exhibits robust recent price growth, with conditions characterised by low days on market, indicating sustained buyer competition. Future growth is underpinned by its enduring lifestyle appeal, though high price points constrain affordability and a significant portion of mortgaged owners suggests sensitivity to interest rate movements.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
683m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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