14 Knaphill Heights, Mirrabooka WA 6061

14 Knaphill Heights, Mirrabooka WA 6061
Double-brick 3×1 on 606m² | Generous living areas for the format | Large undercover patio and bore | Drive-through carport access | Established family pocket Competitive strength is found in the configuration and outdoor utility. A larger living footprint is offered than typical for a 3×1, and double-brick construction provides durability. Substantial undercover patio, bore, and drive-through carport access are added as practical features. The spacious backyard is well suited to families needing room to move. Within Mirrabooka’s established suburban market, this is positioned as a solid single-level family house rather than a compact entry-level home. Owner-occupiers are served well by the school and shopping proximity, while investors are offered durable rental stock. The layout is considered honest and above-average for its segment. The single bathroom may limit appeal for larger families, and the lack of confirmed modern updates might position this as a renovation opportunity rather than a turnkey home. The early-1990s build may raise maintenance questions, though double-brick construction is seen to offset some concern. Land size and outdoor utility should be given significant weight in price thinking, balanced against potential updating costs. >> Comparable Sales: 12 Knaphill Heights (3×1, 615m²) sold about $760,000 | Property Price Band: $700k–$800k | Value Drivers: land size, layout, outdoor utility
Detailed Independent Property Report prepared  by PropCred Analyst team for 14 Knaphill Heights, Mirrabooka WA 6061
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Mirrabooka, 14km from Perth, is a tightly held owner-occupier market: 56% of households carry mortgages, giving sellers pricing power but also rate sensitivity. Demand is underpinned by affordable entry for Perth buyers and investors chasing yields; houses return 5.06%, units 7.10%. REIWA puts the median house at $680,000 for the year to February 2026, up 13% annually, while units have surged 32.85% to $470,000. Houses clear in 6–14 days, reflecting stock scarcity, yet sales volume is thin-73 houses and 3 units over 12 months-so liquidity is low. With 23% of residents single, compact units remain a structural niche. Future growth hinges on yield-led investor activity and continued owner-occupier demand, but affordability constraints and rate exposure from high mortgage leverage cap upside.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

606m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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