29 Tredegar Street, Butler WA 6036
29 Tredegar Street, Butler WA 6036
3 bed 2 bath | 224 m² lot | built 2014 | compact infill house | strong rental demand
This is a modern, low-maintenance house that suits buyers wanting lock-and-leave living without sacrificing space inside. The 2014 build means contemporary finishes throughout, and the 3×2 configuration with two parking spots covers the essentials for a small family, couple, or investor. The high site coverage and compact land area tell you this is designed for convenience rather than outdoor entertaining, which aligns well with the established Butler setting near shops, schools, and the train station. It serves first-home buyers and young families best, offering a practical layout in a suburb with quick turnover and solid owner-occupier presence.
The main value consideration here is the land size. At 224 m², the lot is noticeably smaller than typical older Butler stock, which may limit future extension options or appeal to buyers wanting a yard. The discrepancy in reported building area, around 100 m² versus 156 m², might reflect different measurement methods, but it does suggest the internal space could feel tighter than expected. Rental demand appears healthy, with estimates around $680 per week, and the property’s proximity to daily amenities and public transport might support consistent occupancy. The absence of detected overlays reduces complication, though the compact format may cap long-term capital growth compared to larger-block alternatives.
|| Comparable Sales: 16 Tredegar Street sold January 2022 for a higher figure on a larger 390 m² block | Property Price Band: $700K–$800K | Value Drivers: build quality, land size, location convenience, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Tredegar Street, Butler WA 6036
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
Butler, on Perth’s northern fringe, draws young families; houses sell in a median eight days, reflecting tight supply with just nine listings. Prices have compounded at 13.1% annually, with typical houses near $735,000 and units at $570,000—up 28.9%. Unit yields sit at 5.0%, attracting investor attention. The family-driven profile underpins steady demand, while 283 house sales in the past year support market depth. Affordability is a constraint: upper-quartile house prices reach $780,000, while the lower quartile sits at $622,000, already testing first-time buyers. Key risks include limited stock and interest-rate sensitivity.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 16 Tredegar Street sold January 2022 for a higher figure on a larger 390 m² block | Property Price Band: $700K–$800K | Value Drivers: build quality, land size, location convenience, rental yield potential
Bedrooms
3
Bathroom
2
Parking
2
Land
224m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!