253 Gloucester Street, East Victoria Park WA 6101

253 Gloucester Street, East Victoria Park WA 6101
3 bed 1 bath house | 408m² lot | built 2000 | 2 parking spaces | inner suburb convenience This property offers a competitively strong position as a modern detached house on a manageable 408m² lot in an established inner suburb. The 2000 build date is newer than much of the surrounding stock, which typically appeals to buyers seeking lower maintenance without sacrificing a house format. The solid brick construction with modern upgrades suggests durability and contemporary comfort, while the two parking spaces provide practical advantage over many comparable homes. This configuration best serves owner-occupiers such as small families, downsizers, or first-home buyers who value a standalone house with parking in a convenient location. The modest land size may constrain future extension potential compared to larger nearby lots, which could affect long-term value growth relative to properties with more land. The single bathroom might limit appeal for families seeking multiple bathrooms, potentially narrowing the buyer pool. The 2019 sale price of $630,000 provides a historical benchmark, though market conditions have shifted since then. Buyers should weigh the trade-off between a newer build and smaller lot against older homes with more land, as this balance influences both immediate livability and future resale prospects.
Detailed Independent Property Report prepared  by PropCred Analyst team for 253 Gloucester Street, East Victoria Park WA 6101
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk
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Market Insight

East Victoria Park is a high-demand suburb positioned for professionals, with its strong transport links and established school catchments underpinning family appeal. Demand is driven by this demographic seeking larger homes, reflected in rapid sales and significant price appreciation across both houses and units. The market exhibits robust conditions with tight vacancy and competitive yields, though future growth faces constraints from affordability pressures and limited stock availability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

408m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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