157 Progress Drive, North Lake WA 6163
157 Progress Drive, North Lake WA 6163
1980 build | 770m² green title | opposite regional park | mammoth bedroom convertible | in-ground pool
This house presents a rare combination of a large, unencumbered green title block directly adjacent to expansive parklands, a positioning that is fundamentally irreplaceable. The 39% building coverage on 770m² leaves substantial usable land, enhancing its appeal to buyers seeking space and privacy. The property best serves a family or a professional couple valuing outdoor living, given the pool, entertainment areas, and the flexibility to reconfigure the oversized second bedroom.
The 1980 construction necessitates a rigorous building and pest inspection, with potential renovation costs offsetting the initial price. The lack of recent comparable sales data introduces pricing ambiguity, requiring independent valuation. Acquire this property for long-term capital growth driven by its land size and location, using it as a primary residence to fully capitalise on its lifestyle attributes.
Independent, Unbiased Research Report for this property by PropCred Analyst team
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Market Insight:
North Lake offers a highly accessible lifestyle defined by modern family infrastructure, expanding retail hubs, and extensive parklands, making it a magnet for first-home buyers and growing families seeking space and value. This strong demographic demand has driven consistent, volume-led price growth over the past year, cementing its appeal for both owner-occupiers and long-term investors. It remains a strong growth area, though buyers should watch out for shifting infrastructure timelines and focus on pockets with already completed schooling and transport hubs.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
770m²
Assessments Delivered Today
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