15 Cordite Circuit, Byford WA 6122
15 Cordite Circuit, Byford WA 6122
This is a 4-bedroom, 2-bathroom house built in 2017 on a 480m² lot, with a double garage. It is a single-level dwelling, reflecting the standard modern residential configuration in the area. The property has experienced significant capital appreciation since its last sale in 2021, positioning it within a growth corridor.
The property’s competitive strength lies in its modern construction and standard family-oriented layout, which directly aligns with the dominant buyer profile in Byford. Built in 2017, it avoids the compromises of older stock while offering a turnkey proposition for families seeking a low-maintenance home in a growth suburb. Its positioning is ordinary but reliable, serving buyers who prioritise immediate livability over character or premium finishes. The property is best suited to owner-occupiers, particularly young families or first-home upgraders, who value a recent build and a straightforward floor plan within a master-planned residential area.
The sharp increase in estimated value since 2021 may reflect broader market inflation rather than unique property-specific upgrades, so a buyer should verify whether the home’s condition and any improvements justify the current price point. The absence of confirmed premium features, such as a pool or solar, means the property’s value is anchored to its standard configuration and lot size. A buyer should weigh whether the 480m² lot offers sufficient outdoor space for their needs, as this is a typical but not generous allocation in modern subdivisions. The property’s orientation and specific internal finishes are not detailed, which may affect how light and liveability are perceived on inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Cordite Circuit, Byford WA 6122
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Byford is a high-growth family suburb on Perth’s south-eastern fringe, characterised by strong owner-occupier demand from young families and trades-based households. This demographic is driving rapid price appreciation, supported by significant population growth and a tight sales market with very low days on market. Future expansion is underpinned by ongoing population influx and established local amenities, though high mortgage penetration indicates sensitivity to interest rate changes, and affordability pressures are emerging relative to local incomes.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
480m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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