20 Waterview Parade, Southern River WA 6110

Pool with solar efficiency | Long-term owner street with 95% owner-occupancy | 709sqm block in a growing corridor | Freshly painted and ready to move in. This property sits on a generous 709sqm lot with 50% building coverage, offering a rare combination of private pool and solar panels in a street where 89% of residents have stayed over five years. The 2003 build is freshly painted with multiple living areas, making it immediately functional for a family seeking space and low maintenance. Positioned 0.8km from Bletchley Park Primary and 0.3km from Providence Christian College, it serves buyers prioritising school proximity and stable neighbourhood dynamics over speculative upside. The 95% owner-occupancy rate on Waterview Parade reinforces a low-turnover, predictable environment that suits owner-occupiers rather than investors. The primary risk is the property’s asking position relative to the $1.035m Southern River median—this house commands a premium for its pool, solar, and street profile, but the 0% auction clearance rate in the suburb suggests buyer caution at higher price points. The 2012 last sale date means no recent transaction to anchor value, and the comparable at 1 Waterview Parade shows a larger building with similar land, which may set an expectation ceiling. Opportunity lies in the long hold period; a patient buyer could negotiate on days on market, particularly if the seller is motivated after only seven days listed. The absence of flood, bushfire, or heritage overlays removes planning risk, and the fibre-to-the-node NBN is adequate but not a prime driver.