21A Holmes Street, Southern River WA 6110
21A Holmes Street, Southern River WA 6110
Attached-family configuration | Established owner-occupied pocket | Low-set family layout | Long-tenure neighbourhood | Compact block likely
This property suits a buyer seeking a low-maintenance family house in a settled Southern River street where most residents stay a decade or more. The attached format offers a practical entry into a suburb dominated by larger detached homes, giving you the same suburban lifestyle with less external upkeep. The surrounding housing stock is consistently three-to-four bedroom, two-bathroom family design with garages and outdoor living, which means the street character is cohesive and family-oriented. This is best suited to first-home buyers, young families, or investors wanting a rental-ready property in a stable demand pool.
The value here may hinge on how the attached configuration compares to the larger detached houses nearby, as buyers often pay a premium for standalone land. The build era around the early 2010s suggests modern finishes but not brand-new condition, so renovation potential might be limited but also unnecessary. The compact block likely means lower maintenance, but it may also cap price growth compared to larger lots. A bushfire overlay in the broader area could affect insurance costs, and the school catchment, likely Southern Grove Primary, adds family appeal. Weigh these factors against the convenience and affordability this property type offers.
Detailed Independent Property Report prepared by PropCred Analyst team for 21A Holmes Street, Southern River WA 6110
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Southern River, in Greater Perth, is a family-oriented suburb where 65% of households are couples with children and 62% of residents are purchasers. Demand is led by professionals, technicians and trades workers, and clerical staff. The median house price is $971,000, up 13.6% over the past year, with houses selling in 20 to 50 days—a fast turnover indicating consistent market activity. Gross rental yields sit at 4.1% to 4.7%, and weekly median house rent is $750. Annual sales volume ranges from 122 to 238 houses, showing solid liquidity. Future growth rests on an active local market evidenced by 10 properties for sale and 22 for rent in the last month. Key risks include a high 75% mortgage-holding rate, creating rate sensitivity, and a wide price distribution from $100,000 to $2.5 million, which adds uncertainty.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 16 Holmes Street sold high $800s; 22 Holmes Street leased without sold price | Property Price Band: $700K–$800K | Value Drivers: Attached configuration rarity, modern build quality, family-oriented street stability
Bedrooms
3
Bathroom
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!