15 Lambourne Rtt, Mirrabooka WA 6061
15 Lambourne Rtt, Mirrabooka WA 6061
15 Lambourne Retreat, Mirrabooka WA 6061 is a 3-bedroom, 1-bathroom house on a 710 m² block with about 105 m² internal floor area and 1 car space in the current listing data; one source also notes 3 garage spaces in the property record, so the parking figure is inconsistent across portals. The property was listed for sale as a house in Mirrabooka. The property is described as a solid double-brick construction and was built in 1989.
3 bed | 1 bath | 710 sqm land | 105 sqm floor | double-brick 1989 | large-block suburban house
This property’s competitive strength lies in its rare combination of a modest 105-square-metre house on a generous 710-square-metre block, a configuration that appeals most to buyers seeking land value over finished interior space. The solid double-brick construction from 1989 signals durability and low ongoing structural risk, which is often preferred by owner-occupiers who plan to renovate or extend. Its position in an established low-rise residential area means the house serves well for families wanting a detached home with room for a garden, shed, or future development, while the simple three-bedroom, one-bathroom layout keeps entry costs lower than larger or newer stock in the same suburb.
The value of this property may be materially shaped by its older single-bathroom design, which could limit appeal to buyers who expect a second bathroom as standard, potentially reducing the buyer pool or requiring a price adjustment. The lack of verified renovation or finish upgrades means the internal condition might be dated, and any necessary updates should be factored into an offer. The inconsistent parking records—ranging from one to three spaces—could create uncertainty, but the large block likely allows for additional off-street parking or a garage addition. These factors may influence how the property is priced relative to similar houses, though the land component remains the primary value driver.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Lambourne Rtt, Mirrabooka WA 6061
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Mirrabooka is a tightly held suburb with strong owner-occupier presence, where demand is driven by affordability and high rental yields. The market is characterised by rapid price appreciation and exceptionally fast sales, particularly for houses, indicating intense competition among buyers. Future growth is underpinned by its relative value, though its sensitivity to mortgage costs and limited stock turnover present inherent market constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
710m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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