21 Alandale Bend, Banksia Grove WA 6031

21 Alandale Bend, Banksia Grove WA 6031
4-bedroom modern house | 612mยฒ lot with solar panels | No bushfire or flood risk | Listed below estimated value This property presents a competitive buying opportunity due to its larger-than-average 612mยฒ lot combined with a 245mยฒ building footprint, which is uncommon in the Banksia Grove market. The 2010 build quality, three living areas, and dual ensuites position it well for families seeking both space and modern configuration. Its listing price below the estimated value range suggests potential for immediate equity gain, particularly given the absence of bushfire or flood overlays that affect several nearby comparables. The property best suits buyers prioritizing a low-risk location with strong school catchment access and room for future value appreciation. The primary risk is the 40% building coverage, which limits future subdivision or significant extension potential without council approval. However, the existing solar panels and FTTP connectivity offer ongoing operational savings that strengthen long-term holding appeal. The agent’s positioning at a discount to estimated value may indicate motivated seller circumstances, creating negotiation leverage for a buyer prepared to move quickly.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 21 Alandale Bend, Banksia Grove WA 6031
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Market Insight:

Banksia Grove is a robust residential market characterised by strong buyer demand and rapid sales, indicating a competitive environment. Recent price growth has been significant, reflecting sustained interest from families and investors attracted by its established housing stock. This momentum is supported by solid rental performance and consistent transaction volumes. Future growth will hinge on broader economic conditions and the suburb’s ability to maintain its appeal amidst potential affordability pressures.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

612mยฒ

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