21 Antonio Street, Coolbellup WA 6163
21 Antonio Street, Coolbellup WA 6163
Original kitchen and bath | pool needing work | bushfire overlay | low block coverage | strong recent suburb growth |
The property’s core risk lies in its dated interior and maintenance needs—the original kitchen and bathroom represent a functional deficit that will cost between $40,000 and $80,000 to modernise, while the neglected pool adds another $5,000 to $10,000 in immediate remediation. Set against this is the land leverage potential; the 728m² block with only 15% coverage allows for future extension or subdivision, an option that makes the holding period commercially sensible. Our judgement is this house demands renovation capital but rewards patient buyers with land appreciation and rental income in a rising market.
Competitively, the combination of four bedrooms, dual garage, and oversized carport on a large block is increasingly rare within four kilometres of Fremantle. The solar panels reduce holding costs, and the suburb has posted 21 to 26 percent growth in the past twelve months, which supports both capital gain and a rental yield above four percent. This property suits a buyer who can invest sweat equity and hold for three to five years, or an owner-occupier seeking room to grow without leaving the coastal corridor. The next move is to secure a building and pest inspection focused on the pool structure and roof condition, then compare your renovation budget against the rental valuation of 675 to 825 dollars per week.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Antonio Street, Coolbellup WA 6163
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Coolbellup is a well-located family suburb with strong owner-occupier appeal, driven by young professionals and couples seeking a connected, green lifestyle near key amenities. The house market is characterised by rapid sales and robust capital growth, reflecting high demand. Future prospects are supported by its demographic profile and lifestyle appeal, though an oversupply of listings presents a key constraint, requiring realistic vendor pricing to sustain momentum.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
1
Land
728m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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