15 Thatched Court, Bibra Lake WA 6163
15 Thatched Court, Bibra Lake WA 6163
4-bed house | 805m² block | Bibra Lake | 1988 build | strong land-to-building ratio
This property offers a compelling combination of a large 805m² block with only 16% building coverage, which is increasingly rare in established suburbs like Bibra Lake. The 1988 build era provides solid construction with scope for renovation or extension, and the two living areas suit families seeking separation of spaces. The estimated rental yield of approximately $855 per week supports strong owner-occupier demand and investor interest alike, while the reliable NBN HFC and 5G coverage add practical appeal for remote workers.
The conflicting overlay information between flood and heritage designations represents a material due diligence risk that must be resolved directly with the City of Cockburn before proceeding. The bushfire overlay is a genuine constraint that may affect insurance costs and landscaping choices. However, the low building coverage creates a rare opportunity to reconfigure or expand the house, potentially adding significant value if the internal condition permits. The property serves best for buyers who prioritise land value and are prepared to invest in upgrades.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Thatched Court, Bibra Lake WA 6163
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
Bibra Lake WA 6163
Bibra Lake is a family-oriented suburb with strong demand from established purchasers. The market is characterised by exceptionally fast-moving house sales, reflecting high competition and limited supply. Recent price growth has been robust, supported by significant rental increases. Future performance is underpinned by sustained family demand, though the unit segment shows notable weakness with minimal sales activity and declining values.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
805m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst