29 Binningup Terrace, Eglinton WA 6034

29 Binningup Terrace, Eglinton WA 6034
4 beds | 2 baths | double garage | compact 313sqm block | long-term tenant secured until 2027 This four-bedroom house on a 313-square-metre block is competitively positioned for buyers seeking a new, low-maintenance home in a coastal estate. Its single-level, open-plan layout with tiled living areas and an alfresco suits families or investors who value efficient use of space over a large yard. The property was built in 2023, so its modern finishes and LED downlights should appeal to those wanting a move-in-ready home with minimal immediate upkeep. The strongest signal is the fixed-term tenancy at $650 per week through December 2027, which provides clear income visibility and makes this house particularly attractive for an investor targeting a stable rental return in a growth suburb like Eglinton. The compact 313-square-metre lot may limit outdoor expansion or appeal for buyers seeking a traditional garden, and the absence of confirmed orientation means solar performance or rear-yard usability is uncertain. The floor area of 145 square metres is efficient but may feel tighter for larger families compared to older, bigger homes in the area. While the long tenancy offers income security, it also restricts immediate owner-occupier access, which could affect resale timing if market conditions shift. Any price view should weigh these constraints against the property’s new-build condition and coastal proximity.
Detailed Independent Property Report prepared  by PropCred Analyst team for 29 Binningup Terrace, Eglinton WA 6034
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk
Execution Risk
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Eglinton WA 6034

Eglinton presents as a dynamic northern coastal corridor market, characterised by exceptionally strong recent capital growth and a high-turnover sales environment, indicating robust buyer competition. Demand appears buoyant, supported by solid rental yields that attract investment activity. Its future trajectory will be shaped by broader regional infrastructure development and the ongoing balance between new supply and sustained purchaser appetite in this active precinct.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

313m²

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