163 Wellington Street E, Northam WA 6401

163 Wellington Street E, Northam WA 6401
2-3 bed versatile | 364sqm small lot | R30 zoning potential | flood overlay noted | 1900 build character The R30 zoning is considered a strong advantage, offering potential for medium-density development in central Northam. The property is therefore attractive for investors or buyers seeking future flexibility. The older build and compact lot are consistent with established stock, appealing to those wanting character or entry-level detached homes. Dual parking and air conditioning add practical comfort. This house likely best serves a buyer interested in capital growth through zoning upside or rental income. Insurance costs and development feasibility may be affected by the flood overlay. Ongoing maintenance might be required due to the older build year, especially without confirmed renovation history. Buyer perception could be influenced by discrepancies in bedroom count across sources. Concerns might be offset by the R30 zoning for a buyer with medium-density plans.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 163 Wellington Street E, Northam WA 6401
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Northam presents as a high-growth regional hub, with exceptional recent house price appreciation driven by strong investor demand attracted to robust rental yields. The market is characterised by rapid turnover, indicating sustained buyer interest, particularly from those in skilled trades. This momentum is underpinned by stable population fundamentals and its strategic transport links. However, this rapid growth introduces sensitivity to broader economic shifts, and the unit market remains notably illiquid, presenting a supply constraint for that segment.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

364mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat