24 Plunkett Turn, Canning Vale WA 6155
24 Plunkett Turn, Canning Vale WA 6155
Modern 4-bed 2018 build | compact 208 m² lot | school-proximate pocket | firm rental demand | standard family finish
A competitively positioned four-bedroom house is presented for Canning Vale’s family market. The 2018 build is finished to a modern standard suburban level, with built-in robes, a courtyard, and a remote garage as the listed features. Maintenance is kept low by the compact 208 m² land parcel, consistent with newer housing product in the suburb. Proximity to Ranford Primary School and Canning Vale College is expected to strengthen owner-occupier appeal, and the rental progression from $650 to $800 per week is viewed as firm evidence of tenant demand. It suits a family buyer or an investor seeking a straightforward, low-maintenance house in a western-suburban pocket.
Price upside may be limited by the compact 208 m² land parcel, and the standard finish may be viewed as ordinary where premium presentation is expected. Rental demand is firm, though aggressive pricing is unlikely from yield-focused buyers. Value retention may be supported by the modern build and low-maintenance configuration, though these factors should be weighed when a price view is formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Plunkett Turn, Canning Vale WA 6155
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Canning Vale sits as an established southern Perth suburb with strong buyer appeal, anchored by high household incomes and solid transport connectivity. Demand is driven by owner-occupiers and investors attracted to its balanced market: houses average $1,020,000 with 13.97% annual growth, while units at $668,250 grew faster at 15.71%. Market conditions are tight—houses sell in a median 14 days, with 467 annual sales reflecting healthy turnover. Rental fundamentals support investor interest: houses yield 4.22% at $800 weekly, units yield 5.21% at $675 weekly. Future growth is underpinned by persistent demand and quick absorption of stock, though affordability is now a constraint, with house prices above $1 million and recent rapid appreciation raising rate sensitivity risks. Supply-side pressure remains a watchpoint.
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PropCred Estimated Value
Comparable Sales: 28 Plunkett Turn sold $1.16M; 12C Plunkett Turn sold $661K | Property Price Band: $900K–$1.0M | Value Drivers: modern 2018 condition, compact low-maintenance land, school proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
208m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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