189B Spearwood Avenue, Spearwood WA 6163
189B Spearwood Avenue, Spearwood WA 6163
3×2 villa on compact 240mยฒ lot | built 2015 with double tandem garage | private wrap-around courtyard in Spearwood | low-maintenance design for downsizers and investors
This property is competitively strong because it offers a newer, low-maintenance 3×2 villa with a double garage and private courtyard on a compact 240mยฒ lot in Spearwood, a configuration that is rare in an area dominated by older, larger-block homes. Built in 2015, it avoids the upkeep demands of an established house while providing high ceilings and generous bedrooms, making it particularly well-suited to downsizers seeking single-level living or investors targeting a rent-ready property with straightforward appeal. Its positioning in the Fremantle College catchment adds practical value for families, though the compact land size may limit its appeal to those prioritizing outdoor space over convenience.
The value of this property may be influenced by its compact lot size, which could constrain price growth compared to larger family homes in the suburb, and the tandem garage configuration, which might reduce parking flexibility for multiple vehicles. The absence of detailed finish information in available sources means that interior quality, such as kitchen or bathroom condition, could affect sale price if it does not match the expected standard for a 2015 build. Buyers should weigh the premium for newer construction against the trade-off in land area, and consider that the private courtyard, while a strong feature, may not compensate for a lack of street frontage or aspect orientation.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 189B Spearwood Avenue, Spearwood WA 6163
Market Insight:
Spearwood is a high-growth suburb experiencing exceptional capital appreciation, significantly outperforming neighbouring areas in both house and unit price growth. Demand is driven by a robust local workforce and strong rental returns, particularly for units, which are attracting investor interest. The market is characterised by rapid sales and rising rents, indicating sustained buyer competition. Future growth is underpinned by this momentum, though the pace of recent gains suggests a market approaching peak affordability for some segments.