24 Lowerhall Gardens, Southern River WA 6110
24 Lowerhall Gardens, Southern River WA 6110
Corner lot | 2010 build | 4-bed, 2-bath | Dual living areas | Solar & alarm
This property presents a competitively strong offering within its segment, distinguished by its larger 673m² corner block and four-car parking provision, which are rare for a 2010-built house in this area. The combination of dual living areas, a study, and a fully fenced outdoor entertainment zone creates a functional layout suited for a growing family seeking space and privacy. Its position within the Bletchley Park Primary catchment is a sustained value driver, and the absence of environmental overlays removes a layer of acquisition risk.
Proceed with the understanding that the listed price sits below estimated market value, indicating a potential margin. The principal cost is the premium for the larger land component, which must be justified against the smaller lot comparables. Secure this property for long-term family occupation, leveraging its functional layout and land size, which will outperform standard lots in the suburb. The rental estimate provides a solid fallback position, making it a resilient holding.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Lowerhall Gardens, Southern River WA 6110
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Insight: Southern River WA 6110
Southern River is a family-oriented suburb with strong demand from professionals and couples with children, driving a robust market characterised by significant recent price growth. This demand is reflected in a high sales volume and a fast-moving market for houses. Future growth is underpinned by this sustained buyer activity, though a high rate of mortgage ownership indicates potential sensitivity to interest rate changes.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
4
Land
673m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst