23 Moreton Cres, Warnbro WA 6169
23 Moreton Cres, Warnbro WA 6169
4 bed, 2 bath, pool, solar | 800m² block, 42% coverage | 1990 build, last transacted 2021 | Warnbro High catchment, near reserve
The house sits on a generous 800m² lot with only 42% building coverage, a configuration that is increasingly rare in established coastal suburbs. The combination of a swimming pool, solar panels, and two-car garage gives it a self-contained quality that appeals to families wanting low ongoing utility costs and immediate lifestyle amenity. Its position within the Warnbro Community High School intake area and proximity to a reserve and coastline strengthens its appeal for buyers prioritising location and outdoor access over a modern interior.
The 1990 build date means the property carries some age-related considerations, though the absence of bushfire, flood, or heritage overlays simplifies due diligence. The NBN Fibre to the Node connection is adequate but not a prime draw for remote workers who may prefer FTTP. The pool and solar panels are value-adds that reduce future outlay, but their condition should be verified. The 2021 sale price of $450,000 provides a recent benchmark for equity tracking, though the current market has moved significantly since then. This property suits a buyer who values land size and outdoor features over turnkey finishes and is willing to invest in updates over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Moreton Cres, Warnbro WA 6169
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Market Insight
Warnbro is a mature residential suburb with a market defined by strong buyer demand, evidenced by rapid house sales and robust transaction volumes. This demand is driven by owner-occupiers within a moderate income bracket, creating a stable, active market. House prices are appreciating solidly, while the unit segment shows less momentum. Future growth is supported by sustained buyer interest, though affordability pressures relative to broader Perth and a less dynamic unit market present notable constraints on overall performance.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
800m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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