1B Letchworth Centre Avenue, Salter Point WA 6152

1B Letchworth Centre Avenue, Salter Point WA 6152
4 bed / 2 bath / 2 car | 2003 build on 510mยฒ | 250mยฒ floor area | 49% coverage | estimated $2.056m This property sits in a comfortable middle ground within Salter Pointโ€™s detached-house stock, offering a modern footprint without the land burden of older estates. Its 250mยฒ building area on a 510mยฒ site provides generous internal space while keeping grounds manageable, which suits buyers seeking a contemporary home rather than a renovation project. The 2003 construction date means modern building standards and layout, and the 49% coverage suggests a balanced site use that leaves room for outdoor living. It is best positioned for families wanting a solid house in an established suburb with good school catchments and no detected overlay constraints. The implied gross yield of around 2.5% from the supplied rent estimate suggests this property may appeal more to owner-occupiers than investors seeking strong rental returns. The value at $2.056m reflects a premium for its newer build and efficient land use, but buyers should weigh whether the 510mยฒ lot limits future expansion compared to larger blocks in the area. The absence of bushfire, flood, or heritage overlays removes common value risks, though the propertyโ€™s elevation and roof height are ordinary for the suburb and unlikely to command a premium on their own.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1B Letchworth Centre Avenue, Salter Point WA 6152
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Market Insight:

Salter Point is an established, affluent riverside enclave experiencing high buyer demand, particularly for family homes. This demand, driven by its premium location and limited stock, has sustained strong capital growth, with larger properties transacting swiftly. The market is characterised by extremely low vacancy and sales volumes, indicating a tightly held suburb. Future growth is underpinned by its enduring appeal, though the primary constraint is a chronic shortage of available properties, which intensifies competition and elevates entry points.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

510mยฒ

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