206 Coode Street, Bedford WA 6052
206 Coode Street, Bedford WA 6052
Large 718sqm block in tight Bedford market | 3-car parking rare for suburb | Family catchment to John Forrest and Hillcrest | Stable 80% owner-occupier street character
This property offers a genuinely competitive position in Bedford primarily due to its 718sqm land component and three-car parking capacity, both of which are uncommon in this suburb’s current listings. The 170sqm internal floorplan provides functional family space without overbuilding, and the asking price sits below the local four-bedroom median, giving a buyer a measurable entry advantage. The street’s 80% owner-occupier profile signals low turnover and consistent residential quality, while the catchment to John Forrest Secondary College and Hillcrest Primary School strengthens long-term demand from families. This house is best suited to buyers seeking a solid family home with expansion or redevelopment optionality, not a turnkey premium product.
The primary risk is condition uncertainty: the last sale was in 2018, and no renovation history is available, so structural, electrical, or plumbing upgrades may be required. The 170sqm internal area should be verified against actual floor plans, as discrepancies could affect valuation. Easements, heritage overlays, or subdivision restrictions on the large block must be checked before any development assumptions are made. The opportunity lies in the land-to-price ratio: if the house is liveable without major capital outlay, the buyer acquires a scarce large block in a tight market with immediate family utility and medium-term value uplift potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 206 Coode Street, Bedford WA 6052
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Bedford is a family-centric suburb experiencing strong demand, reflected in rapid house price growth and remarkably low days on market. The market is clearly segmented, with houses significantly outperforming units in capital appreciation, while units offer higher rental yields. This dynamic, coupled with high sales volume, indicates a robust and active market primarily driven by owner-occupiers. Future performance will hinge on the suburb’s appeal to this core demographic and broader economic conditions influencing affordability.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
718m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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