249 Odin Drive, Stirling WA 6021
249 Odin Drive, Stirling WA 6021
4 bed | 3 bath | 3 car | 692 mยฒ green-title | 1984 with 1999 extensions | heritage overlay noted
This property is competitively strong in its suburb because the four-bedroom, three-bathroom configuration with three car spaces sits at the larger end of detached stock, and the 692 mยฒ green-title lot is substantial for an established residential area. The house was originally built in 1984 and then extended in 1999, which provides a solid footprint of 223 mยฒ internal area with 48% site coverage. It is best suited for family buyers or upgraders who value generous indoor and outdoor space, school catchment access, and a well-established neighborhood where original houses have been expanded over time.
Several factors may materially affect the value or sale price of this property. The heritage planning control noted could introduce approval friction for future development, which might limit some buyers’ willingness to pay a premium. The older 1984 construction with later extensions means the condition and quality of finishes are uncertain, and the FTTN NBN connection may be a drawback for those requiring faster broadband. The 2024 sale price of $1.175 million provides a recent transaction point, but the property’s larger configuration and land size may command a different price in the current market depending on how those factors are weighed by buyers.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 249 Odin Drive, Stirling WA 6021
Market Insight:
Stirling presents a compelling, high-growth residential market anchored by its proximity to Perth. Demand is robust, evidenced by exceptionally fast-moving house sales, with properties transacting in under two weeks. The market is characterised by strong capital appreciation for houses, significantly outpacing unit growth, while rental yields for units offer relative value. This dynamic suggests a market favoured by owner-occupiers and investors seeking capital gains, supported by consistent transaction volume. Future performance will hinge on maintaining this demand intensity against broader economic sensitivities.