25 Riverland Drive, Ellenbrook WA 6069
25 Riverland Drive, Ellenbrook WA 6069
$700k 2-bed house | 183sqm lot | reserve-facing but space-constrained | compact floorplan risks resale appeal
This property presents a measurable premium over the median, costing approximately $120,000 more than the typical two-bedroom house in Ellenbrook. The 88-square-metre internal area limits flexibility for growing households, and the 183-square-metre lot restricts future extension or subdivision. The reserve outlook offsets some spatial compromise, but this property is best held as a low-maintenance rental or downsizer home, not a family hold. Buyers should negotiate toward the $680,000β$695,000 range to build equity.
The rarity here is the dual-car garage and nature reserve frontage in a market where most two-bedroom houses share driveways or face roads. Cathedral ceilings and modern finishes give it a premium feel compared to 2011-era builds. This property suits a professional couple or investor targeting tenants who value tranquillity over square footage. A building and pest inspection is mandatory before proceeding, given the age of the structure.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Ellenbrook is a developing suburb with robust sales activity and properties moving quickly, indicating strong demand. This demand is driven by a high proportion of mortgaged owners, suggesting a market of aspirational buyers. Recent price trends show significant growth in both house and unit values, supported by tight rental conditions with a low vacancy rate and solid yields. Future growth is underpinned by ongoing infrastructure projects, while the market’s sensitivity to interest rates, given the high mortgage ownership, presents a key constraint.