2/257 Grand Promenade, Doubleview WA 6018
2/257 Grand Promenade, Doubleview WA 6018
Renovated villa in sought-after Doubleview | 3-bedroom layout with two toilets | 1,128sqm land parcel offers rare scale | 78% long-term resident suburb signals stability
The competitive strength here is the land-to-building ratio. On a 1,128sqm parcel, the 697sqm building footprint leaves substantial outdoor space rare for a villa in this corridor. The 1994 build has been renovated to move-in standard, removing immediate capital outlay for a buyer. Two toilets with one bathroom is a functional compromise but acceptable for a single-level configuration. The property suits a downsizer seeking single-level living without strata constraints, or an investor targeting the Doubleview Primary School catchment 0.2km away. Churchlands Senior High School at 2.6km adds secondary demand depth.
The primary risk is the 62% building coverage which limits future extension potential without redevelopment. No bushfire or flood overlay is favourable but the 39m ground elevation offers no coastal views despite proximity. The valuation range of $960,000 to $1,280,000 is wide, suggesting the market has not yet settled on a clear price point for this configuration. A buyer should negotiate hard toward the lower end given the 1-bathroom limitation in a 3-bedroom property. Hold for land appreciation in a suburb with 78% long-term residents, or occupy as a low-maintenance home with school catchment advantage.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2/257 Grand Promenade, Doubleview WA 6018
Market Insight:
Doubleview is a well-established family suburb with strong transport links, anchored by its primary school catchment. Demand is driven predominantly by professional couples with children, seeking established suburban living. Recent house price growth has been robust, supported by solid rental yields and a competitive sales market, though increased stock levels indicate a potential shift in supply dynamics. Future growth will be sustained by its family appeal, yet sensitivity to interest rates and affordability constraints present key considerations.