24 Forrest Street, Narrogin WA 6312

24 Forrest Street, Narrogin WA 6312
Large block | 1979 brick family home | 4 bed, 2 bath, 3+ car | rear-lane access and big shed | established street near schools and park The property’s competitive edge lies in its combination of generous land and practical utility. At 1,214 m², the block is well above what most newer subdivisions offer, and the large shed or workshop, double carport, and rear-lane access make it genuinely functional for families with vehicles, trades equipment, or hobby storage. The wraparound verandah and undercover rear entertaining area add usable outdoor space that suits the regional climate and family living. Built in 1979, the brick construction is solid and typical of the town’s established residential fabric, though interior finishes are unverified. This house serves best a buyer wanting space, storage, and a settled neighbourhood within reach of schools and amenities, rather than someone seeking a low-maintenance or modern-turnkey property. Value may be shaped by the condition of the original 1979 build, particularly the kitchen, bathrooms, and any updates to flooring or heating. The large land component and parking capacity could support a premium for the right buyer, but the older age might also mean budget for maintenance or retrofits. The master suite with walk-through robes and ensuite is a practical feature, yet the overall price will likely depend on how the property presents in person and how much work a buyer perceives ahead. Market activity in the area appears measured, so patience and a clear view on renovation costs would be sensible. || Comparable Sales: No. 101 Forrest Street sold at $820k; No. 100 Forrest Street sold at $380k | Property Price Band: $500k–$600k | Value Drivers: land size, shed and parking capacity, presentation and condition of the 1979 build
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 Forrest Street, Narrogin WA 6312
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk
Execution Risk
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Market Insight

Narrogin is a tightly held regional market experiencing exceptional price momentum, driven by strong investor demand for high-yielding houses. Properties transact rapidly, reflecting a significant supply constraint against consistent buyer activity. This robust demand is underpinned by compelling rental returns, though the market’s limited diversity and low listing volumes present a concentration risk to future stability.
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PropCred Estimated Value

Comparable Sales: No. 101 Forrest Street sold at $820k; No. 100 Forrest Street sold at $380k | Property Price Band: $500k–$600k | Value Drivers: land size, shed and parking capacity, presentation and condition of the 1979 build

Bedrooms

4

Bathroom

2

Parking

3

Land

1214m²

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