23 Aerolite Way, Beldon WA 6027
23 Aerolite Way, Beldon WA 6027
951 m² lot with 321 m² house | pool plus solar | 4 bed family layout | strong rental demand catchment | Joondalup council
On a 951 square metre lot, the 321 square metre building footprint is combined with covered parking and detached carport spaces. The pool and solar panels are used to lift the property beyond standard suburban stock. The location is placed within Eddystone Primary and Belridge Secondary intake areas, which is considered particularly suitable for buyers with school-aged children. A large outdoor area is offered, giving room for extension or recreation. The house is presented as a solid 1985 build, and the combination of size, outdoor infrastructure, and a quiet residential street is seen as a rare level of self-sufficiency. This is best suited to owner-occupiers looking for a long-term family home, though the rental profile may be found appealing by investors given the low vacancy pressure in the area.
The final value may be shaped by the condition of the pool and solar system, as replacement costs are significant. The 1985 build may also be found to require attention to insulation, windows, or kitchen and bathroom finishes, which could affect perceived value. The large lot might be viewed as development potential, but the existing building coverage and single-house zoning are likely to limit that. Presentation and street appeal may influence buyer bidding more than any single feature. Room is left for inspection to confirm whether the property is being offered in original condition or with updates, and that distinction is likely to have the greatest effect on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Aerolite Way, Beldon WA 6027
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Beldon, a Perth northern suburb with Mitchell Freeway links, is tightly held. House medians span $858,769–$913,500, with annual growth between 10.6% and 14.63%. Stock clears in eight days, vacancy is 0.34%, and median rent is $725 weekly, producing a 4.27% gross yield. Demand is led by tradespeople aged 30-39 with strong incomes; 74 homes sold in a year. Future gains rely on continued rental pressure and freeway access, but affordability after rapid price rises, lumpy monthly volumes, and scarce unit supply are real constraints.
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PropCred Estimated Value
Comparable Sales: a 4-bedroom house on a 920 m² lot sold for $985,000; a similar renovated 4-bedroom with pool sold for $1.05M | Property Price Band: $950K–$1.05M | Value Drivers: land size, pool and solar condition, family layout
Bedrooms
4
Bathroom
2
Parking
2
Land
951m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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