22 Ernest Way, Hilbert WA 6112
22 Ernest Way, Hilbert WA 6112
Compact 2014 build on 261m² | Reserve-front deck outlook | Tenanted at $800/wk | Low-maintenance 3x2x2 | Strong rental demand
The property’s competitive edge lies in its reserve-front position, which is rare for a compact house in this pocket. The 2014 build is modern enough to feel current, yet established enough to avoid new-estate teething issues. High ceilings, wood-look flooring, and a well-appointed kitchen with Westinghouse appliances give it a practical, move-in-ready feel. The 261m² block suits buyers who want minimal yard upkeep without sacrificing a detached house. It serves first-home buyers, downsizers, and investors best, given the tenancy until early 2027 at $800 per week, which signals strong rental demand for this configuration.
The small land size may cap long-term capital growth compared to larger blocks in the suburb, but the reserve outlook and low-maintenance appeal could offset that for the right buyer. The single-level layout and split-system cooling are functional, though not premium. The absence of stone benchtops or ducted air means it competes on practicality rather than luxury. Buyers should weigh the secure rental income against the limited scope for extensions or outdoor living. The front deck facing the reserve is a genuine lifestyle draw, but the rear yard is likely modest, which might matter for families with children or pets.
|| Comparable Sales: 51 Ernest Way sold under offer on 388m²; 22 Allwood Avenue sold at $984,000 on 644m² | Property Price Band: $700,000–$800,000 | Value Drivers: reserve frontage, tenancy income, compact low-maintenance layout
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Ernest Way, Hilbert WA 6112
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Hilbert, a developing southeast Perth suburb, is positioned as a family market: 52% of households are couples with children and 32% of residents are under 19. Demand is driven by purchasers—77% of the population—many working as tradespeople and technicians, with 90% of owners holding mortgages. House prices sit at a $686,500 median, up 13% annually, supported by 152 sales in the past year and a sharp 15-day market time. Rental demand is firm, with a $680 weekly median rent and 5.39% gross yield. New residential estates and planned road access underpin future activity, though school catchment data remains limited. Risks centre on affordability and rate sensitivity: 90% of owners are leveraged, median prices vary up to $745,000 by bedroom count, and any rise in borrowing costs could cool the current momentum.
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PropCred Estimated Value
Comparable Sales: 51 Ernest Way sold under offer on 388m²; 22 Allwood Avenue sold at $984,000 on 644m² | Property Price Band: $700,000–$800,000 | Value Drivers: reserve frontage, tenancy income, compact low-maintenance layout
Bedrooms
3
Bathroom
2
Parking
2
Land
261m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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