238A Wanneroo Road, Nollamara WA 6061

238A Wanneroo Road, Nollamara WA 6061
238A Wanneroo Road, Nollamara WA 6061 is a three-bedroom, two-bedroom residential unit (house classification in some listings, unit in one) built in 2011 with 2 parking spaces and an estimated sale price range of $829,000–$859,000. The property was listed for sale as a townhouse/unit in Nollamara. 3 bed 2 bath townhouse | 2011 build | two parking | compact lot | suburban convenience The property benefits from a newer construction date of 2011, which is competitive compared to older stock in the area. Its two parking spaces are generous for a compact unit-style configuration, offering practical advantage over similar nearby dwellings. The three-bedroom, two-bathroom layout suits investors or first-home buyers seeking low-maintenance living with modern finishes expected from that build era. Its location in Nollamara places it within established residential zoning, providing straightforward suburban amenity without premium land costs. The configuration as a townhouse or terrace offers a middle ground between detached houses and apartments, appealing to those wanting space without high upkeep. The classification ambiguity between house and unit may affect buyer perception and valuation, as land component is typically smaller than a detached house. The unspecified lot size prevents direct comparison, though neighboring lots suggest a compact footprint. Build age at fifteen years means some systems may approach replacement timing, though no specific condition data is available. The property’s orientation and aspect are unknown, which could influence natural light and energy efficiency. Rental yield signals are absent, requiring independent assessment for investment buyers. These factors may shape price negotiation rather than fundamentally weaken the property’s appeal.
Detailed Independent Property Report prepared  by PropCred Analyst team for 238A Wanneroo Road, Nollamara WA 6061
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Nollamara presents as a high-demand, affordable entry point into Perth’s northern suburbs, characterised by exceptionally fast-moving sales and strong capital growth. Demand is driven by owner-occupiers and investors attracted to its relative affordability and tight rental market, evidenced by rapid sales and high yields. Recent price trends show robust growth across both houses and units, with market conditions indicating intense competition and low stock turnover. Future growth is supported by sustained buyer activity, though the market exhibits sensitivity to affordability pressures and yield compression.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

200m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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