21 Norcia Way, Ellenbrook WA 6069

21 Norcia Way, Ellenbrook WA 6069
Modern 4×2 family home | 2015 build | 450sqm block | approx 210sqm internal | Ellenbrook location The house presents a strong buying proposition through its modern construction and generous internal footprint, which together reduce immediate capital expenditure for a family buyer. The 450-square-metre lot supports functional outdoor living without incurring the holding costs of a larger block, making this property appropriate for owner-occupiers who prioritise turnkey condition over speculative land value. The unresolved variance in reported floor areaโ€”203 versus 212 square metresโ€”should be physically confirmed, as it directly impacts per-square-metre valuation and comparative market analysis. Opportunities include the propertyโ€™s modern design offering reliable rental demand in Ellenbrookโ€™s growth corridor, particularly if the buyer later transitions to investor status. Hold this house as a medium-term family residence to capture steady neighbourhood price appreciation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 21 Norcia Way, Ellenbrook WA 6069
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Market Insight:

Ellenbrook is a developing suburb with robust sales activity and properties moving quickly, indicating strong demand. This demand is driven by a high proportion of mortgaged owners, suggesting a market of aspirational buyers. Recent price trends show significant growth in both house and unit values, supported by tight rental conditions with a low vacancy rate and solid yields. Future growth is underpinned by ongoing infrastructure projects, while the market’s sensitivity to interest rates, given the high mortgage ownership, presents a key constraint.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

-

Land

450mยฒ

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