18 Fenchurch Drive, Hilbert WA 6112

18 Fenchurch Drive, Hilbert WA 6112
Newer build | High coverage | Strong value gap | Bushfire & flood overlays This house presents a competitively strong proposition due to its modern construction and immediate value uplift. Built in 2022, it offers a turnkey solution with premium inclusions like ducted cooling and dual living areas, serving a buyer seeking a low-maintenance lifestyle without compromise. The estimated value significantly above the asking price indicates a market mispricing, positioning a purchaser for instant equity. It best suits an owner-occupier prioritizing space and modern amenities in a growing corridor. The decision hinges on accepting specific risks for a calculated opportunity. The high building coverage on a smaller block reduces outdoor space and limits future extension, a tangible cost for families. The bushfire and flood overlays may impact insurance premiums and future saleability. However, the substantial list-to-value gap provides a clear commercial buffer. Acquire this property as a long-term primary residence to capitalize on its modern efficiency and established suburb growth, not as a development site. * **18 Vivacity Street, Hilbert:** 4 bed, 2 bath, 358mΒ² land, listed at $829,000. Larger land size explains its higher price point versus the subject property. * **18 Churchill Chase, Hilbert:** House on 400mΒ² land, estimated value $940,000. Confirms the premium commanded by larger blocks in the area. This comparison validates the subject property’s pricing relative to its more compact land parcel, while affirming the suburb’s strong value trajectory for newer, well-appointed homes.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Hilbert is a developing family-oriented suburb in Perth’s southeast, characterised by strong purchaser demand from young families and trades professionals. This demographic is driving a robust sales market, evidenced by rapid turnover and significant annual price growth. The suburb’s planned infrastructure and new residential estates underpin its appeal, while high rental yields indicate solid investment demand. Future growth is linked to ongoing development, though sensitivity to interest rates and high mortgage penetration present notable market constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

282mΒ²

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