24 Hassell Street, Mount Barker WA 6324
24 Hassell Street, Mount Barker WA 6324
Character home on high side | half-acre block with side access | jarrah floors & original craftsmanship | 2023m² land in established street
This property presents a rare combination of a character-filled home on a substantial, usable parcel of land in an established location. Its size and side access offer clear utility for vehicles, workshops, or expansion, serving buyers seeking space and traditional charm over modern finishes. The estimated value sits comfortably below the asking price, indicating immediate equity potential for a purchaser at or near the current list price.
The primary risk is the discrepancy in recorded bathroom count, which warrants verification and could impact valuation and utility. The 2022 sale price absence obscures recent market momentum. For a buyer, the opportunity lies in securing a large, character block below replacement cost, with the existing home providing a solid foundation. Acquire for long-term hold, leveraging the land component as a durable value driver.
Sales history shows a sale at $235,000 in August 2014. The absence of the disclosed 2022 sale price limits precise growth analysis, but the 2014 figure establishes a long-term baseline for the substantial appreciation reflected in current estimates.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Hassell Street, Mount Barker WA 6324
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Mount Barker presents as a tightly held rural market with strong buyer demand for houses, evidenced by rapid sales and significant price growth. This demand is driven by the appeal of acreage properties, supported by regional infrastructure. The market is characterised by exceptionally low vacancy and limited stock, creating competitive conditions. Future growth is underpinned by this sustained demand, though the constrained supply and emerging price pressures present a key risk to affordability and accessibility.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
2
Land
2023m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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