174 Tranquil Drive, Carramar WA 6031
174 Tranquil Drive, Carramar WA 6031
4.9 acre lifestyle | Bushfire overlay | Pool & study | School catchment | Private position
This propertyโs competitive advantage is its rare near-5-acre parcel on the urban fringe, where lifestyle with pool, shed, and study is combined with school catchment access. The configurationโfour bedrooms, two bathrooms, five car spacesโserves families seeking semi-rural privacy while retaining commute viability. The 2024 sale at $1.555M provides a recent benchmark, though current valuation estimates suggest market repositioning; such disparity signals a buyer who can move decisively may find leverage if comparable sales are verifed.
A specific risk is the bushfire overlay which elevates insurance costs and may limit future development or landscaping choices. The building size discrepancy between sources (227 vs 313 mยฒ) warrants physical verification during due diligence. However the opportunity lies in the propertyโs dual characterโprivate retreat with school proximityโappealing to a niche buyer pool potentially less sensitive to pricing. The pool and shed add functional value rarely seen on standard suburban blocks
Detailed Independent Property Report preparedย by PropCred Analyst team forย 174 Tranquil Drive, Carramar WA 6031
Market Insight:
This suburb offers established family housing with a strong preference for larger homes, evidenced by its higher sales volume and faster selling times for four-bedroom properties. Demand is anchored by local trades and skilled professionals seeking spacious homes within a commutable distance to Perth, supported by consistent rental demand. Recent price growth reflects a stable and active market where well-presented family stock moves quickly. Future performance hinges on its appeal to this core demographic, though its relative distance from the city presents a perennial consideration for buyers.