15 Glenunga Way, Craigie WA 6025

15 Glenunga Way, Craigie WA 6025
3 bed, 1 bath, 1 car | 725 m² block | built 1976 | established suburban house This property stands out for its generous 725 m² land size, which is increasingly rare in Craigie’s current stock. The single-storey house built in 1976 offers a solid footprint on a large lot, meaning there is meaningful space for future extension, renovation, or even subdivision potential, depending on local zoning. The 17% building coverage leaves substantial outdoor area, which appeals strongly to owner-occupiers seeking a detached home with room to grow, as well as buyers looking for a classic suburban property near established schools and services. It is best suited to those who value land over new finishes and want a house that can be shaped over time. The 1976 build age and 3×1 configuration may limit appeal for buyers seeking modern finishes or open-plan living, as the floor plan likely reflects the era’s design standards rather than current preferences. The single bathroom could be a constraint for families or those wanting guest facilities. While the land size is a clear advantage, any renovation or extension costs should be weighed carefully against the property’s estimated value, as the house itself may require significant updates to compete with newer stock.
Detailed Independent Property Report prepared  by PropCred Analyst team for 15 Glenunga Way, Craigie WA 6025
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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Market Insight

Craigie is a tightly held northern Perth suburb experiencing robust demand, evidenced by rapid sales and strong price appreciation across both houses and units. This growth is driven by active investor interest, supported by solid rental yields and consistent rental prices. The market demonstrates a clear preference for houses, with high sales volume and very low days on market indicating competitive conditions. Future performance will hinge on the continuation of this sales momentum and broader economic factors influencing buyer affordability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

725m²

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