17 Coronation Street, North Perth WA 6006

17 Coronation Street, North Perth WA 6006
Federation house, modern rear wing | 387sqm, studio, solar+battery | North Perth, school catchments | family owner-occupiers | single bathroom limits Within North Perth, this house is defined by a circa-1920s Federation shell combined with a modern rear extension, steel-framed glazing, and a seamless alfresco connection. The 387sqm lot is enhanced by a freestanding studio and a 7.92kW solar system with battery, an unusual level of efficiency. It is positioned in the North Perth Primary and Mount Lawley Senior High catchments, with Angove Street, Leederville, and the CBD accessible. Owner-occupiers, especially families and downsizers, are best served by this property, which offers character without renovation risk and a walkable location. This configuration is rare in a tightly held street. The principal value drivers are the 387sqm land size, the quality of the rear extension and studio, and the solar-battery system. The single bathroom may be seen as a limitation for larger families, and the small land area might be a constraint on future expansion. The usability of the alfresco space may be affected by orientation. Pricing is likely to be shaped by the condition of the original fabric and the practicality of the layout. >> Comparable Sales: 41 Coronation Street, similar character house, sold May 2025 | Property Price Band: $1.2M-$1.3M | Value Drivers: land size, rear extension, solar-battery
Detailed Independent Property Report prepared  by PropCred Analyst team for 17 Coronation Street, North Perth WA 6006
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
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Market Insight

North Perth WA 6006 remains tightly held: house median $1.60m after 14.3% annual growth; units up 19.8% to around $666k. Demand is led by first-home buyers shifting to units, plus interstate migrants, downsizers and investors, drawn by Perth’s 3% population growth and employment hubs. Listings are 42% below the five-year average, with houses selling in a median 14 days and vacancy at 0.5%. Gross yields are 2.9–3.0% for houses and 5.5% for units; weekly rents sit near $875 and $695 respectively. Annual sales volume of 131 houses reflects constrained turnover. Future growth is underpinned by chronic undersupply-stock 48% below average-and proximity to the CBD, but affordability is tightening as wages lag price growth, and rate sensitivity remains a watchpoint.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

386m²

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