17 Gippsland Way, Ellenbrook WA 6069
17 Gippsland Way, Ellenbrook WA 6069
Modern 4-bedder on 459sqm | Built 2010-11, 147-150sqm internal | Solar panels on site | Family pocket with 90% owner occupancy | Bushfire overlay active.
The house sits on a compact yet efficient 459 square metre lot with a 32 percent building footprint, creating usable outdoor space without overcapitalising on land you wont maintain. Four bedrooms and two bathrooms in a 2010-2011 build means modern floorplan expectations are met, while solar panels add genuine operational cost reductions for a family. The 90 percent owner-occupied street and catchment for Malvern Springs Primary and Aveley Secondary College make this a strong option for buyers prioritising school continuity and neighbourhood stability over speculative growth.
Bushfire overlay is present and must be factored into insurance premiums and any landscaping obligations, though no flood or heritage constraints simplify due diligence. The property was bought for $428,000 in 2016, and current estimated value around $929,000 to $931,000 suggests tempered upside relative to the $899,000 list price for a quick entry. Rental potential at $705 to $885 weekly supports a buy-and-hold strategy but not a flip play. A PropCred buyers report on this address will verify actual bushfire risk mapping, confirm overlay compliance costs, and cross-check land tax and insurance load against comparable Ellenbrook houses.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Gippsland Way, Ellenbrook WA 6069
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Ellenbrook is a developing suburb with robust sales activity and properties moving quickly, indicating strong demand. This demand is driven by a high proportion of mortgaged owners, suggesting a market of aspirational buyers. Recent price trends show significant growth in both house and unit values, supported by tight rental conditions with a low vacancy rate and solid yields. Future growth is underpinned by ongoing infrastructure projects, while the market’s sensitivity to interest rates, given the high mortgage ownership, presents a key constraint.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
459m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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