20 Morden Street, Wembley Downs WA 6019

20 Morden Street, Wembley Downs WA 6019
Parkside luxury design | 88% site coverage | Suburb median outperformer | Quick-turn market The property presents a rare opportunity to acquire a modern architectural residence on a compact 419mยฒ lot with an 88% building footprint, a configuration that maximises internal living space while maintaining a private, low-maintenance garden. Its position in a strong owner-occupied suburb with 81% ownership, combined with the quick 11-day average turnover for four-bedroom houses, indicates consistent demand from discerning buyers. The property is best suited to a buyer seeking a turnkey luxury home in a prime location near Churchlands Senior High School and Newman College, where the high building coverage and modern design are valued over a large landholding. The primary risk is the elevated asking price relative to the suburb median and recent sales history, particularly given the limited comparable sales on Morden Street and the 88% site coverage, which may deter buyers seeking future subdivision potential. However, the opportunity lies in the property’s architectural distinction and the scarcity of new luxury listings in this pocket of Wembley Downs, which could sustain price premiums among buyers prioritising design and location over land area. The confirmed 5G coverage adds a practical advantage for remote work.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 20 Morden Street, Wembley Downs WA 6019
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Market Insight:

Wembley Downs is a well-established, family-oriented suburb benefiting from ongoing infrastructure upgrades and proximity to quality schools, enhancing its connectivity and lifestyle appeal. Demand is driven by young professionals and families, attracted by the strong community vibe and access to beaches and parks. The market demonstrates resilience, with houses seeing stable prices and rapid sales, while the unit segment has experienced significant recent growth. Future prospects are supported by planned transport enhancements and sustained population growth, though investors should note the divergent yield profiles between property types.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

419mยฒ

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