23A Saracen Way, Marangaroo WA 6064
23A Saracen Way, Marangaroo WA 6064
Suburban house with redevelopment zoning | Strong owner-occupier demand | Established family area | Larger lot potential | Moderate rental yield
This property sits within an established northern suburbs pocket where detached housing dominates and buyer interest remains consistent. The configuration offers genuine flexibility, particularly if the lot size and zoning allow for future subdivision or a second dwelling, which broadens its appeal beyond standard family buyers to those seeking longer-term options. It suits an owner-occupier wanting a solid family home in a settled neighbourhood, or an investor looking at steady rental demand with room for value-adding down the track.
Value may be shaped by the condition of the existing dwelling, the exact land dimensions, and how the property sits on its block for future development potential. The surrounding streets are typical of the area, with no obvious constraints flagged, but the final price will likely hinge on whether the current house is move-in ready or requires updating, and how much of the land can practically be utilised. Buyers should weigh these factors carefully against their own plans.
Detailed Independent Property Report prepared by PropCred Analyst team for 23A Saracen Way, Marangaroo WA 6064
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Marangaroo presents as a tightly held, family-oriented suburb in Perth’s north, characterised by robust demand and rapid sales. The market is driven by local trades and established families, supported by stable population fundamentals and strong rental appetite. Recent price growth has been significant, with houses transacting swiftly, indicating a competitive environment with limited supply. Future momentum is underpinned by Perth’s broader regional strength, though affordability pressures for entry-level buyers and sensitivity to interest rate movements present notable constraints to sustained growth at current levels.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: similar Marangaroo houses have transacted around $850K–$950K | Property Price Band: $800K–$900K | Value Drivers: land size, development potential, dwelling condition
Bedrooms
3
Bathroom
1
Parking
1
Land
973m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!