22 Fairfax Road, Swan View WA 6056

22 Fairfax Road, Swan View WA 6056
4-bed house on 688mΒ² land | Near primary & high schools | Value estimate above list price | Established suburb setting This property presents a competitively sized family home on a substantial block within walking distance of both primary and secondary government schools, a functional advantage for that buyer segment. The floor area and land parcel are above typical duplex offerings in the area, positioning it as a established house with space. It serves buyers seeking a long-term residence with core amenities proximate, avoiding the compromises of smaller lot developments. The primary decision risk is the gap between the listing price and the higher estimated market value, which may indicate either vendor motivation or a contested valuation that requires immediate clarification. Proceed only after validating recent sales evidence and inspecting for building condition, as no data on age or finishes exists. This house is a hold for owner-occupation; its land component offers modest future equity buffer. A Propcred report would pressure-test the valuation estimate, detail locality risks like zoning, and streamline building and insurance checks. * 8A Fairfax Road: A 2-bed, 1-bath duplex on a larger 1046mΒ² lot with an estimated value of $769k. This highlights that this 4-bed house, on a smaller but still generous block, commands a different price point catering to families needing more bedrooms over land size alone. The comparison underscores the value placed on bedroom count and house type in this market.

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

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Market Insight:

Swan View is an established suburb offering relative affordability within proximity to Perth. Demand is supported by strong investor activity, evidenced by high rental yields and rapid sales, particularly for units which are experiencing exceptional capital growth. The market is characterised by high buyer urgency with houses selling swiftly. Future growth is underpinned by its stable, mature housing stock, though its evolution beyond major development phases decades ago suggests a steady rather than transformational trajectory.
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PropCred Estimated Value

Bedrooms

-

Bathroom

-

Parking

-

Land

688mΒ²

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