176A Ulster Road, Spencer Park WA 6330
176A Ulster Road, Spencer Park WA 6330
3 bed, 3 bath house | Spencer Park location | 552m² lot | Near St Joseph’s College
This house presents a configuration advantage with three bathrooms, a rarity for a three-bedroom home in the area, offering immediate functional appeal for a family or those seeking guest accommodation. Its position within walking distance to St Joseph’s College is a primary location benefit, catering specifically to families prioritizing education access. The lot size is standard for the immediate streetscape, aligning with the neighbouring property, which suggests a consistent streetscape and predictable land value.
The principal risk is the absence of recent, direct sales evidence, with the last transaction in 2009, obscuring clear price momentum. The listed offer price sits above the provided estimated value, requiring a buyer to justify the premium against unverified market sentiment. Proceed only with a contemporary valuation and building inspection to anchor your offer, as this property is best acquired as a long-term family home, not a short-term trading proposition.
Detailed Independent Property Report prepared by PropCred Analyst team for 176A Ulster Road, Spencer Park WA 6330
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✓
Insight: Spencer Park WA 6330
Spencer Park is a tightly held residential suburb experiencing exceptional capital growth, driven by strong buyer demand and constrained housing stock. The market is characterised by rapid sales, reflecting a competitive environment where family-sized homes are particularly sought after. This demand is supported by a professional demographic and a very low vacancy rate, indicating sustained rental pressure. Future growth is underpinned by these supply constraints, though the limited diversity in property types presents a concentration risk should market conditions shift.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
2
Land
552m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst