17B Tetworth Cres, Nollamara WA 6061
17B Tetworth Cres, Nollamara WA 6061
3 bed 2 bath 2 car villa | compact low-maintenance lot | near established school catchments | quiet infill pocket | practical lock-and-leave appeal
This property is presented as a three-bedroom, two-bathroom, two-car villa on a compact lot, which is considered a practical lock-and-leave profile for downsizers and owners wanting minimal upkeep. Its position within a quiet Nollamara infill pocket is considered a genuine convenience advantage, with established school catchments and daily amenities close by. The configuration is valued for its usable internal layout rather than land size, and the property should be found most appealing to owner-occupiers seeking a modern, secure, low-maintenance base in an area with active redevelopment interest.
Value may be influenced by the balance between compact outdoor space and internal comfort, as well as by the quality of finishes and any strata-style obligations that might be found. The broader zoning context and infill activity in the area should be weighed for possible redevelopment pressure, although direct benefit to this property is not automatically created by that pressure. A reduced land footprint and any shared-title arrangements may be expected to limit future flexibility, and that possibility should be factored into any price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 17B Tetworth Cres, Nollamara WA 6061
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
Market Insight
Nollamara’s market is defined by rapid turnover, double-digit price growth, and an affordability-oriented buyer base. Houses rose 14.06% annually to $730,000, with alternative estimates up to $740,000; units gained 10.97% to $657,500. Demand is led by owner-occupiers with mortgages (63%), supported by strong sales volumes (259 houses, 122 units in 12 months) and exceptionally short days on market—9 for houses, 8 for units. Household incomes run roughly 20% below Greater Perth’s average, reinforcing Nollamara’s position as a value-driven market. Gross yields are healthy at 5.02% for houses and 5.44% for units, sustaining investor interest. Growth is anchored by active local turnover and recent listings, including 2–3 bedroom homes; constraints include price-source variance (from $677,250 to $740,000), unit yield sensitivity (4.9% alternative), and no reliable supply or vacancy data to gauge future pressure.
PropCred Estimated Value
Comparable Sales: 17B Noongah Street sold $622k; 5C Tetworth Cres estimated $733k | Listed Price Band: $700k-$800k | Value Indicator: condition, layout, school proximity
Bedrooms
3
Bathroom
2
Parking
2
Land
196m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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