29C Stedham Way, Balga WA 6061
29C Stedham Way, Balga WA 6061
This is a single-level three-bedroom two-bathroom villa with two car spaces, built circa 2015–2016 and located in Balga. It represents the newer, modern configuration in a suburb where much of the stock remains from the 1960s. The property is positioned within a small cluster of contemporary builds on a compact street, giving it a distinct advantage over older homes that typically offer only one bathroom and no dedicated parking.
What is competitively strong about this property is its alignment with what the market now demands in this part of Perth: three bedrooms, two bathrooms, and secure parking in a single-level format. This configuration is rare among Balga’s older housing stock and directly serves first-home buyers, small families, and investors who prioritise move-in readiness over renovation. The villa sits within a street that has clearly transitioned from its 1960s origins, so the buyer benefits from a newer build without the premium of a full house on a large block. The property serves best those who want modern finishes and low-maintenance living in an established suburb that is still affordable relative to neighbouring areas.
Several factors may influence the property’s value. The villa is part of a redevelopment phase from around 2015, so its age is now approaching a decade—this may affect perceptions of finish quality and remaining life on major systems like roofing and plumbing. The exact land size is not confirmed, and in a villa configuration, strata fees or shared responsibilities could apply, which a buyer should verify. The street itself contains a mix of older and newer homes, so while the immediate neighbours are modern, the broader streetscape may not be uniform. Price growth in the area has been significant since 2015, and a buyer should consider whether that trajectory reflects genuine demand or a market correction waiting to happen.
Detailed Independent Property Report prepared by PropCred Analyst team for 29C Stedham Way, Balga WA 6061
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✕
2
Market Insight
Balga is an established suburb experiencing a significant demographic shift, with a growing population of young professionals and families. This influx is driving strong demand for housing, reflected in rapid sales and robust price growth. The market is characterised by high rental yields and low stock turnover, indicating sustained investor and owner-occupier interest. Future growth will be supported by its relative affordability and demographic momentum, though its trajectory remains sensitive to broader economic conditions influencing buyer sentiment.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
728m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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