27 Stephen Street, Queens Park WA 6107

27 Stephen Street, Queens Park WA 6107
Large 809sqm block | 20m frontage | 1980s solid brick house | basic older finishes | no modern amenity depth The property’s competitive strength lies in its uncommon land holdingโ€”an 809 square metre block with a 20 metre frontage is a rare configuration in an established suburb, offering genuine subdivision or redevelopment optionality. The solid brick construction from the 1980s provides a durable shell, though the house itself sits in the older, basic detached segment rather than a modern or high-spec product. This property is best suited to a buyer seeking land value over immediate move-in condition, particularly someone with a longer-term view who can either renovate or hold for future land appreciation. The value of this property may be materially affected by the condition and age of the existing house, which appears to lack modern finishes, amenities, and any confirmed renovation history. A buyer should weigh the cost of bringing an older home up to contemporary standards against the land’s inherent scarcity. The absence of verified orientation, aspect, or site constraints means a physical inspection and a proper planning search would be essential to confirm development potential and avoid unexpected limitations.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 27 Stephen Street, Queens Park WA 6107
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Market Insight:

Queens Park presents a compelling entry point into Perthโ€™s inner-ring market, attracting strong buyer and investor interest. Demand is driven by its affordability relative to neighbouring suburbs, appealing to both first-home buyers and investors seeking high rental yields. The market is exceptionally tight, with houses selling rapidly and vacancy rates critically low, reflecting intense competition for limited stock. This robust activity has fuelled significant recent price appreciation across both houses and units. Future growth is underpinned by this persistent supply-demand imbalance, though its rapid price escalation introduces sensitivity to broader economic shifts.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

809mยฒ

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