16A Petterson Avenue, Kardinya WA 6163

16A Petterson Avenue, Kardinya WA 6163
3 bed 1 bath 2 car | 500m² survey-strata | elevated park outlook | strong owner-occupied street | rapid turnover This house is considered a straightforward single-storey offering, with three bedrooms, one bathroom, and a double carport being arranged on a 500 square metre survey-strata block. An elevated position opposite a park is provided, giving a sense of openness that is rarely achieved on standard suburban lots. The property is located within a strongly owner-occupied pocket where demand for single-level homes is consistent, and turnover is known to be quick. It is best thought of as a fit for first-home buyers seeking a solid entry into an established suburb, or for downsizers wanting a manageable property with immediate park access and a practical floor plan. The single bathroom may be viewed as a limit compared with the suburb’s preferred three-bedroom, two-bathroom layout. Condition and presentation might be the main price drivers given the age profile of similar homes. The generous land and park outlook are expected to attract interest, but the need for updating should be weighed against the positional premium. >> Comparable Sales: 7 Petterson Avenue sold $1.03M; 19 Petterson Avenue sold $1.08M | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, park outlook, single-level layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 16A Petterson Avenue, Kardinya WA 6163
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Kardinya, a southern Perth suburb, has established infrastructure near Kardinya Shopping Centre and bus routes. Demand comes from professionals and tradespeople; families make up 75% of households, with a dominant 20-29 age cohort. House prices rose 17.9-19.8% annually to a $990k-$1.2m median, selling in 8-39 days. Units lag at $568k-$710k with 8.3% growth, reflecting limited supply. Rental yields are 3.8% (houses) and 4.7% (units). Future growth relies on 4.66% population expansion and quick turnover, but affordability constraints and low unit volumes cap supply-side flexibility.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

499m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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