22 Piave Street, Wandina WA 6530
22 Piave Street, Wandina WA 6530
Owner-occupied street | 4-bed under median | 5 days on market | 169mยฒ internal | 642mยฒ land
The property at 22 Piave Street sits in a street with unusually high owner-occupancy at 100% and long-term residents at 68%, which typically stabilises neighbourhood quality and limits turnover risk. Its internal area of 169mยฒ is modest for a four-bedroom house, but the 642mยฒ land size offers reasonable outdoor space. Priced below the suburb median of $725,150, the property positions itself competitively for buyers seeking entry into a family-oriented pocket near Wandina Primary School. The recent sale at 3 Piave Street for $689,000 provides a nearby benchmark, and the property’s five-day market presence suggests early interest without overexposure. This house best suits owner-occupiers prioritising school proximity and street character over maximum square footage.
The primary risk is the constrained internal layout at 169mยฒ, which may limit appeal to larger families or those requiring multiple living zones. The 2015 sale price is not disclosed, so equity history is unclear. The 66% male demographic skew in the suburb may reflect workforce patterns rather than family balance, worth verifying. No data exists on renovations, solar, or NBN connectivity, so buyers should budget for potential upgrades. The opportunity lies in negotiating below the $695,000 asking price, given the comparable at 12 Flavio Crescent sold for $660,000 after listing from $699,000. Hold this property as a long-term family home, leveraging the school catchment and stable street profile for capital growth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 22 Piave Street, Wandina WA 6530
Market Insight:
Wandina is a young, family-oriented suburb with a professional demographic, underpinning its strong market positioning. Demand is driven by this established resident base seeking family housing, reflected in rapid price appreciation and a tightly held rental market with minimal vacancy. Recent sales activity indicates sustained buyer competition, supporting robust capital growth. Future performance will hinge on the suburb’s ability to retain its appeal to growing families amid broader affordability pressures.