16A Werndley Street, Armadale WA 6112
16A Werndley Street, Armadale WA 6112
4-bed family home | 2016 build | 425sqm lot | Armadale | solar panels | 34% coverage
This property is a modern, low-maintenance house built in 2016 on a compact 425sqm lot with 34% building coverage, which is efficient for a family seeking space without high upkeep. The 4-bed, 2-bath configuration with two garage spaces and solar panels positions it as a strong entry-level family home in Armadale, where 4-bedroom houses have a median of $665k and sell in 14 days on average. The estimated value of $847,000 and rental potential of $655 per week suggest it is priced competitively for owner-occupiers or investors targeting stable yields in a market with 63 sales this year. The nearby Neerigen Brook Primary School and Dale Christian College add appeal for families, while the 5G coverage and NBN Fibre to the Node support modern connectivity needs.
The main risk is the estimated value exceeding the current offer range, which may require negotiation to align with the local median. The property has no bushfire or flood overlays, reducing insurance costs, but the Armadale area has a higher male-to-female population ratio, which may affect tenant demand for certain investors. The 61-64% long-term residency on Werndley Street indicates stable neighborhood character, and the 2023 full transfer suggests recent market activity. For a buyer, the opportunity is to secure a near-new home with solar savings in a liquid market; hold for capital growth or rent for cash flow, but avoid overpaying above the $799k range.
Detailed Independent Property Report prepared by PropCred Analyst team for 16A Werndley Street, Armadale WA 6112
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Armadale presents as a high-growth, high-demand suburb within Greater Perth, with a market characterised by exceptionally rapid turnover and strong investor appeal. Demand is driven by a working demographic and investors attracted to robust rental yields and significant capital appreciation. Recent price trends show vigorous double-digit growth across both houses and units, supported by a fiercely competitive sales environment with properties transacting swiftly. Future momentum appears linked to this sustained investor demand and relative affordability, though the market’s sensitivity to interest rates and the potential for supply to meet this intense activity present key considerations.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
4
Land
425m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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