16 Pelican Loop, High Wycombe WA 6057
16 Pelican Loop, High Wycombe WA 6057
Established family house | Detached suburban setting | Strong rental interest | Older build with modern potential | School catchment appeal
This property sits in a well-settled part of High Wycombe where detached houses dominate the streetscape and family buyers remain the core market. The configuration, likely three to four bedrooms with a single bathroom, suits first-home buyers or investors looking for solid rental returns in a suburb with consistent demand. The land component, typical of the area at around 700 to 800 square metres, offers practical space for outdoor living or future additions, which adds genuine flexibility for an owner-occupier wanting to grow into the property. Being close to Edney Primary School strengthens its appeal for young families, and the established neighbourhood provides a sense of community that newer estates often lack. This house serves best as a dependable family home with room to add value over time.
The build age from the late 1980s means finishes and systems may require updating, which could affect how quickly the property appeals to buyers expecting move-in condition. The rental yield appears reasonable for the suburb, but the final price may hinge on how well the current presentation matches buyer expectations. A renovation opportunity exists here, though the extent of work needed might influence how much buyers are willing to pay upfront.
|| Comparable Sales: 1 Kingfisher Loop sold around $809,000; 16 Magpie Court estimated near $890,000 | Property Price Band: $800,000–$900,000 | Value Drivers: land size, renovation potential, school proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Pelican Loop, High Wycombe WA 6057
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
High Wycombe WA 6057 is a tightly held house market: the median sits at $725,000 with annual growth of 14.0–14.4%, though one source places it at $795,000 across 190 sales. Houses are transacting in 8–10 days, signalling strong demand from trade workers on mid-to-high incomes plus investors chasing a 4.4% gross rental yield and weekly rents of $650 for three-bedroom and $750 for four-bedroom homes. Sales volumes vary from 114 to 230 over the past year, so liquidity is solid but source-dependent. The unit market is effectively untestable, with fewer than five sales, leaving houses as the only reliable entry point. Future growth drivers around infrastructure and school catchments are not yet evidenced, and the main risks are affordability pressure and rate sensitivity after such rapid price appreciation.
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PropCred Estimated Value
Comparable Sales: 1 Kingfisher Loop sold around $809,000; 16 Magpie Court estimated near $890,000 | Property Price Band: $800,000–$900,000 | Value Drivers: land size, renovation potential, school proximity
Bedrooms
6
Bathroom
2
Parking
5
Land
746m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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