16 Hatfield Road Ellenbrook WA 6069

16 Hatfield Road Ellenbrook WA 6069
4 bed flexible + study | 2008 build on 480mΒ² lot | low 38% coverage | dual alfresco zones | Malvern Springs/Aveley catchments This property presents a competitively strong family proposition through its flexible floorplan and generous, usable land parcel. The low building coverage and dual outdoor zones create immediate lifestyle utility, while the specific school catchments anchor its appeal in a market segment with demonstrated demand. It serves growing families or professionals seeking space and separation more commonly found on larger, premium lots. The 2008 build age necessitates a diligent building inspection, with potential maintenance costs offset by the lot’s subdivision potential. Its valuation sits above the asking price, indicating immediate equity, but reliance on a single comparable sale demands verification of recent local sales velocity. A strategic hold as a long-term family home leverages its configuration and land scarcity, with a Propcred report essential to validate its true market position against locality risks and insurance exposures. Nearby sale at 16 Midgegooroo Street shows a 2013-built, larger house on a smaller lot sold for an estimated $889,000. This comparison suggests a market premium for newer builds but also highlights the value of this property’s larger land component, supporting the listed price as reasonable within the suburb’s range.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Ellenbrook is a developing suburb with robust sales activity and properties moving quickly, indicating strong demand. This demand is driven by a high proportion of mortgaged owners, suggesting a market of aspirational buyers. Recent price trends show significant growth in both house and unit values, supported by tight rental conditions with a low vacancy rate and solid yields. Future growth is underpinned by ongoing infrastructure projects, while the market’s sensitivity to interest rates, given the high mortgage ownership, presents a key constraint.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

480mΒ²

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