22 Blanche Cres, Lakelands WA 6180

22 Blanche Cres, Lakelands WA 6180
Corner block privacy | established garden maintenance cost | no recent comparable sales data | solar system offsets but age unknown | split system cooling only This property’s corner block creates both opportunity and risk: dual street frontage adds perceived value but introduces higher fencing and garden upkeep costs that reduce net yield for an investor. The 2015 purchase price history is irrelevant to today’s decision; without recent comparable sales, a buyer must rely on the wide valuation range of $630k–$830k, making due diligence critical. For an owner-occupier, the separate lounge and alfresco area support family living, but the house is best held long-term given moderate rental yield potential. The established gardens and privacy on a corner site are genuinely rare in this price band, giving a buyer positional leverage over neighbours. Key features like solar and split system air-con reduce holding costs, while proximity to schools serves families directly. This property suits a buyer seeking a move-in ready family home with low renovation needs, not a flipper or high-yield investor. Book a private inspection to assess garden maintenance obligations and confirm the solar system’s remaining efficiency before committing.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Lakelands is a tightly held family suburb experiencing robust demand and strong price appreciation. The market is characterised by very low stock levels, leading to rapid sales and competitive leasing conditions. This dynamic is driven by sustained interest from owner-occupier families, supported by ongoing local development. Future growth is underpinned by these demographic fundamentals and infrastructure links, though the market’s sensitivity to interest rates and constrained supply present notable constraints on affordability and availability.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

357mΒ²

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