17 Highland Cres, Meadow Springs WA 6210
17 Highland Cres, Meadow Springs WA 6210
Built 2012 | 4 bed, 2 bath | 510m² lot, 40% coverage | Bushfire overlay | FTTP & 5G
This house presents a competitively strong offering for an owner-occupier or investor seeking a modern, low-maintenance property. Its 2012 construction date implies newer building standards and reduced near-term capital expenditure, while the solar panels and reverse-cycle air conditioning directly offset holding costs. The configuration, with four bedrooms and dual living zones indoors and out, suits a growing family. Its position within walking distance to a primary school and proximity to both government and private colleges anchors its appeal to the family demographic, further supported by reliable high-speed connectivity.
The primary decision mechanism is the bushfire overlay, which imposes specific construction obligations and may elevate insurance premiums, directly impacting annual carrying costs. The current listing price sits notably below the estimated valuation, suggesting a potential entry point, but this gap must be tested against the limited comparable sales data from the street. This property is best acquired as a long-term hold, leveraging its rental yield to service debt while banking on capital growth in a demonstrated active suburb. A PropCred report would pressure-test the valuation, clarify overlay compliance costs, and secure competitive insurance quotes to finalise your position.
Recent sales on Highland Crescent show a median of $760,000. With only three recent street sales and a 0% auction clearance rate, precise comparables are scarce, but the listed price of $829,000 positions this property above that recent median, demanding justification through its newer build and superior specifications.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Highland Cres, Meadow Springs WA 6210
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Meadow Springs is a family-oriented suburb experiencing robust demand, driven by its appeal to established households. This has resulted in sustained price growth, supported by tight stock levels and competitive market conditions. Future momentum is anticipated if limited listings persist, though a recent uptick in available properties suggests a potential moderation in the current high-velocity sales environment.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
510m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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