29 Aachen Cres, Gwelup WA 6018
29 Aachen Cres, Gwelup WA 6018
Compact modern family house | Aachen Crescent pocket | Small lot, high site coverage | Strong rental demand | Upper-end Gwelup market
This property sits in a newer, compact-lot enclave within Gwelup, where the typical configuration is a three to four bedroom, two bathroom family house with double garage. The street itself carries a modern, low-maintenance character that appeals strongly to upgraders and downsizers who want contemporary living without the upkeep of a larger block. Given the surrounding stock and the suburb’s tight, well-established market, this house is best suited to buyers prioritising location efficiency and a fresh, turn-key feel over sprawling outdoor space. The rental evidence on the street suggests consistent demand, which adds a layer of security for anyone considering future flexibility.
The small land component may limit long-term value growth compared with larger Gwelup holdings, so the price should reflect the house quality rather than land speculation. The internal condition and finish level will matter significantly here, as the compact format means presentation does much of the heavy lifting. Orientation and outdoor usability might also influence how the property feels in practice, though these are factors best assessed in person. Buyers should weigh the convenience of the location against the modest lot size when forming a view on what this house is worth to them.
|| Comparable Sales: 33 Aachen Cres sold around $1.57M; 48 Aachen Cres under offer in the mid-$2M range | Property Price Band: $1.6M–$1.7M | Value Drivers: condition, layout efficiency, presentation quality
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Aachen Cres, Gwelup WA 6018
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Gwelup, 15km from Perth, sits between Balcatta, Carine, Innaloo and Karrinyup. Demand is driven by professional families, with a high proportion of couples with children and a very high family household share. The median house price is $1.52–1.6 million, with growth between 3.7% (12 months) and 9.0% annually. Houses sell in 8–9 days for four-bedroom stock and 26 days overall, indicating tight supply. Gross rental yield is 3.8%, low relative to prices. Future growth is supported by family-oriented demand and a limited annual sales volume (43–59 houses). Key risks are affordability and rate sensitivity at this price point. Unit data is thin, but two-bedroom units average $872,000.
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PropCred Estimated Value
Comparable Sales: 33 Aachen Cres sold around $1.57M; 48 Aachen Cres under offer in the mid-$2M range | Property Price Band: $1.6M–$1.7M | Value Drivers: condition, layout efficiency, presentation quality
Bedrooms
4
Bathroom
2
Parking
2
Land
304m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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