213 Elderberry Drive, South Lake WA 6164
213 Elderberry Drive, South Lake WA 6164
Dual-living configuration | 760sqm block | Established suburb | Functional family market
This property’s competitive strength lies in its dual-living configuration, which is rare for a single-storey house on a 760sqm block in an established suburban pocket. The main residence is freshly updated with a renovated kitchen and split-system air conditioning, while the self-contained two-bedroom granny flat adds genuine flexibility for extended family or rental income. The six-car parking capacity is a practical advantage that sets it apart from typical stock. This house serves best an owner-occupier needing multi-generational accommodation or an investor seeking dual-income potential in a connected location with reasonable access to Fremantle and Perth CBD.
The 1989 build year and some data inconsistencies across records suggest the current configuration may differ from original approvals, so a buyer should verify the granny flat’s compliance and the true as-built layout. The single-bathroom configuration in the main residence may be a constraint for larger households, though the granny flat’s own bathroom could offset this. The functional suburban market and lack of premium catchment prestige might limit price growth relative to newer or more amenity-rich locations. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 213 Elderberry Drive, South Lake WA 6164
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
South Lake presents as a family-oriented suburb with strong recent momentum, driven by young households seeking relative affordability within Greater Perth. This demographic demand has fuelled exceptionally robust house price growth, with a notably fast-moving sales market indicating sustained buyer competition. Future performance is underpinned by this established family appeal, though a high rate of mortgaged ownership suggests sensitivity to broader economic conditions affecting affordability.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
6
Land
760m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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