25 Tobermory Boulevard, Ellenbrook WA 6069
25 Tobermory Boulevard, Ellenbrook WA 6069
4-bedroom house built 2005 | 587m² block with 264m² build | solar panels installed | no overlay risk detected | family-oriented street near parkland
This property holds a genuine edge in Ellenbrook’s family market. The 264m² building footprint is substantial for a 2005-built house, offering generous living space that newer builds on similar blocks often lack. The 587m² land parcel supports a 45% building coverage, leaving usable outdoor area without excessive upkeep. Solar panels add practical running-cost savings, a quiet draw for owner-occupiers. The configuration—four bedrooms, two bathrooms, two car spaces—matches what established families actively seek, and the absence of bushfire, flood, or heritage overlays simplifies due diligence. This house suits a buyer prioritising space, straightforward maintenance, and a settled neighbourhood over trendy finishes or speculative upside.
The value story here rests on size and condition rather than scarcity. The building area exceeds what many nearby comparable houses offer, which may justify a price premium, but the 2005 construction year means systems like roofing and plumbing may need attention within the next decade. The street’s park proximity supports family appeal, yet the property does not sit in a premium pocket with distinctive amenity. Rental demand appears steady—around $795 per week—which could support an investor buyer, but the stronger case is for a long-term owner-occupier who values the floorplan and block. Any price negotiation should weigh the need for future updates against the already-solid structural offering.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Tobermory Boulevard, Ellenbrook WA 6069
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Ellenbrook is a developing outer-suburban market where demand is driven by mortgage-holding owner-occupiers (78% of owners) and rental investors chasing a 0.74% vacancy rate and gross yields of 4.94% for houses and 6.11% for units. Houses average 14 days on market, with 518 sales annually. Prices are rising sharply: median house $750,000, up 15.83%; units $500,000, up 17.65%. Weekly rents of $700 and $550 strengthen returns. Infrastructure investment drives future growth, but tight supply—just 42 listings and 23 rentals—constrains activity.
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PropCred Estimated Value
Comparable Sales: 6 Tobermory Boulevard sold for $738,000 in April 2024; 31 Tobermory Boulevard, a 2005-built 4×2 on 578m², sold in August 2023 | Property Price Band: $700,000–$800,000 | Value Drivers: building size, land area, solar installation, condition relative to age
Bedrooms
4
Bathroom
2
Parking
2
Land
587m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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