26 Korrinup Street, Haynes WA 6112
26 Korrinup Street, Haynes WA 6112
A four-bedroom, two-bathroom house built in 2020 on a 510-square-metre lot with two parking spaces. This is a modern, single-storey family home that offers a practical layout with a higher bathroom-to-bedroom ratio than older stock in the suburb.
This property is competitively strong because its 2020 construction date places it among the newest homes in a suburb where the majority of housing stock dates from the 1970s to the 1990s. That age advantage reduces immediate maintenance concerns and appeals to buyers seeking a move-in-ready home with modern energy and material standards. The four-bedroom, two-bathroom configuration serves families who value a dedicated bathroom per two bedrooms, a layout that older four-bedroom homes in the area often lack. The 510-square-metre lot is standard for post-2000 subdivisions here, offering a manageable yard without the upkeep of larger older blocks. This property is best suited to upward-moving families or first-time buyers entering the million-dollar segment who prioritise a newer home over a larger land holding.
The property’s estimated value of approximately $1.04 million sits near the top of its listing range, which may reflect a market that already prices in its modern build and configuration. The land size, while standard for newer subdivisions, is smaller than the 600-to-800-square-metre lots common in older parts of Haynes, which could limit appeal for buyers seeking space for extensive gardens or future additions. Given the suburb’s limited new vacant land, the property’s 2020 construction may hold its value well, but a buyer should consider whether the premium for newness aligns with their long-term priorities, particularly if comparable older homes on larger blocks become available nearby at a lower entry point.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Korrinup Street, Haynes WA 6112
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✓
Market Insight
Haynes is a high-growth suburb driven by young professional families, evidenced by its surging population and dominant purchaser demographic. This demand has fuelled robust double-digit price growth and a notably fast-moving sales market. Future prospects are anchored to this strong demographic influx, though sustained affordability for new entrants remains a key consideration given the rapid price appreciation.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
510m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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