15A Hoyton Place, Parmelia WA 6167
15A Hoyton Place, Parmelia WA 6167
3-bed 2018 build | 53% site coverage | bushfire overlay | 9-day local market
The 2018 construction year and 207m² building footprint on a 389m² lot give this house a modern, low-maintenance profile that is rare in Parmelia, where most stock is older. The 53% site coverage signals efficient use of land without sacrificing outdoor space, and the solar panels reduce ongoing utility costs. This property suits a buyer seeking a turnkey home in a suburb with strong owner-occupier character and quick turnover—85 three-bedroom houses sold locally this year, averaging nine days on market. The bushfire overlay is the primary risk, as it may affect insurance premiums and future resale appeal to cautious buyers, though no flood or heritage issues exist. The lot size is below the local median, which could limit extension options but also keeps the entry price lower. For a buyer, the opportunity lies in acquiring a near-new house in a liquid market with minimal competition from auctions. Hold this property for steady rental yield or as a family home with low ongoing capital demands.
Detailed Independent Property Report prepared by PropCred Analyst team for 15A Hoyton Place, Parmelia WA 6167
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Parmelia presents as an affordable entry point within its region, attracting a younger demographic of predominantly working households. Demand is driven by strong sales activity and rapid turnover, reflecting a competitive market for houses. Recent price growth has been robust, supported by solid rental increases. Future momentum hinges on sustained demand for its established housing stock, though the market’s narrow focus on houses and slower turnover compared to adjacent suburbs presents a key constraint on liquidity and breadth.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
389m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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