183A Collins Street, Piccadilly WA 6430
183A Collins Street, Piccadilly WA 6430
3-bed standard house | 460mΒ² flat lot | near primary school | recent resale activity
This property presents a straightforward entry into the Kalgoorlie market, serving buyers seeking a low-maintenance house on a usable block close to established schools. Its compact size and single bathroom configuration position it for budget-conscious owner-occupiers or as a pragmatic rental proposition, given the demonstrated sales activity in the area. The recent resale history indicates a market for this housing type.
The primary risk is the lack of verifiable building condition and age, which places due diligence costs squarely on the buyer. The discrepancy in quoted floor area requires clarification. Its value is anchored in the land parcel and functional layout. Acquire for hold, targeting long-term land value appreciation over short-term gains, with the understanding that cosmetic updates may be required to maximise rental or eventual sale appeal.
Recent comparable sales data is limited, but the property’s own sale history is instructive:
– 183A Collins Street sold 08 Feb 2023 for $359,000.
This previous sale, just over three years prior to the current listing, provides a baseline for assessing the vendor’s current price expectations and market movement.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Piccadilly presents as a stable, working suburb with a core demographic of young trades professionals, driving consistent demand for family housing. The market demonstrates strong recent price momentum, particularly for units, with houses selling quickly, indicating robust local conditions. Future growth is underpinned by this established demographic base, though the lack of clear infrastructure or school data suggests potential constraints on its appeal to a broader buyer pool.