1B Wooramel Way, Nollamara WA 6061

1B Wooramel Way, Nollamara WA 6061
3 bed 2 bath house | built 2010 | compact 202sqm block | Nollamara school catchment This property presents a clean entry into a well-serviced suburb with minimal planning risk, given no bushfire, flood, or heritage overlays. The 2010 build and open-plan layout reduce immediate maintenance concerns, which matters for buyers seeking a turnkey position. Its compact configuration on a small lot suits first-home buyers or investors targeting the rental market, where the estimated yield sits above the suburb median. Being in the intake area for Nollamara Primary and Dianella Secondary College adds a structural demand layer that supports resale and tenant interest. The main constraint is the small land component at 202sqm, which limits future subdivision or extension potential. Buyers should note the 1D Wooramel Way sale at $850,888 as a direct comparator, making price discipline essential. The 70 percent owner-occupier split on the street signals stable neighbourhood character, which reduces vacancy risk. For an investor, the rental estimate of $770 per week offers a solid return if purchased near the lower end of the value range. Hold this property for steady rental income or as a low-maintenance home in a growth corridor.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1B Wooramel Way, Nollamara WA 6061
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk
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Nollamara WA 6061

Nollamara presents as a high-demand, affordable entry point into Perth’s northern suburbs, characterised by exceptionally fast-moving sales and strong capital growth. Demand is driven by owner-occupiers and investors attracted to its relative affordability and tight rental market, evidenced by rapid sales and high yields. Recent price trends show robust growth across both houses and units, with market conditions indicating intense competition and low stock turnover. Future growth is supported by sustained buyer activity, though the market exhibits sensitivity to affordability pressures and yield compression.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

202m²

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Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst