22 Inkpen Way, Orelia WA 6167

3 bed, 1 bath house in Orelia | 118m² internal, priced below valuation range | Listed with Urban Habitat Real Estate | positioned for first-home or investor entry. This property presents a rare configuration advantage for its price point. At 118m² internal on what appears to be a standard residential lot, the floor area is generous for a three-bedroom house in this bracket, offering better liveability than newer compact builds. The asking price sits notably below the independent valuation range of $650,000–$700,000, which gives a buyer immediate negotiating leverage and potential equity from settlement. It suits first-home buyers seeking a solid starter home or investors targeting the affordable entry segment of the Perth market, where demand for basic three-bedroom houses remains consistent. The primary risk is the data inconsistency around listing status, which may indicate a withdrawn listing, price adjustment, or expired campaign—this can signal a stale property or motivated seller, both of which require careful due diligence on holding periods and condition. The single bathroom is a functional limitation for families and may cap future resale appeal to a narrower buyer pool. However, the below-valuation price creates a buffer; if the property is structurally sound and located on a street with 33 homes suggesting established neighbourhood stability, the opportunity is to acquire below intrinsic value and hold for moderate capital growth or rent for positive cash flow in a suburb with steady demand. Use this property as a buy-and-hold entry point into the Perth market, not a quick flip.