20B Westland Place, Waterford WA 6152
20B Westland Place, Waterford WA 6152
4-bed villa on large land | Flood & heritage overlays | 1996 build in family cul-de-sac | Strong rental demand
This property presents a competitively strong offering for a family seeking space and established infrastructure in a quiet South Perth pocket. Its larger land parcel, compared to typical local stock, provides a rarity value in this suburb, while the four-bedroom, two-ensuite villa configuration aligns with high owner-occupier demand. The property is best suited to a buyer intending to hold long-term, benefiting from the established school catchments and the low-maintenance villa format.
The primary decision hinges on navigating its constraints. The flood and heritage overlays materially limit redevelopment potential and may impact insurance costs, anchoring its utility to its existing form. The commercial logic lies in securing a large, serviced block in a stable location, accepting that future value growth will be driven by land scarcity rather than improvement. Acquire for hold as a primary residence, leveraging its rental yield strength if needed later.
Detailed Independent Property Report prepared by PropCred Analyst team for 20B Westland Place, Waterford WA 6152
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Insight: Waterford WA 6152
Waterford is a well-established suburb with a young, high-income professional demographic driving demand, supported by strong recent population growth. The market has experienced mixed price momentum, with houses seeing a notable decline while units remain more accessible. Current conditions are active, with properties transacting quickly, indicating sustained buyer interest. Future growth is underpinned by its established character and demographic profile, though affordability constraints for houses may present a risk to sustained price appreciation.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
547m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst