3/37 Virginia Avenue, Maddington WA 6109
3/37 Virginia Avenue, Maddington WA 6109
4-bed villa on 293m² | modern low-maintenance estate | strong rental demand | suited to families and downsizers | bushfire/flood overlays
The property is positioned in a modern small-lot estate in Maddington, where older stock is mainly detached housing on larger blocks. A four-bedroom, two-bathroom plan with open tiled living, gas cooking, air conditioning and a paved alfresco is offered as a single-level, low-maintenance home. The compact 293 m² footprint is suited to families wanting space without upkeep, and to downsizers and investors targeting rental demand. A practical edge is given by its modern presentation and layout over older dated housing.
Value may be influenced by the compact lot, bushfire and flood overlays, and villa title structure. Major extensions are limited by lot size, so layout and presentation should be weighed heavily. Rental evidence is mixed, so income expectations might be grounded in verified leases. Resale may be affected, so title and planning conditions should be reviewed.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/37 Virginia Avenue, Maddington WA 6109
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Maddington sits in Perth’s south-eastern corridor, drawing trades-focused households with moderate-to-high incomes. Demand is driven by these buyers, with 200-269 house sales per year and tight selling conditions — median days on market as low as 13. House prices rose 12.9% over the past year to a median of $692,500, though Reiwa’s median of $618,500 shows valuation spread. Rental demand remains firm: $650 weekly house rents and only 18 available rentals. Future growth rests on continued affordability relative to Greater Perth, but limited inventory (16 homes for sale), rate sensitivity, and an income gap 26.9% below the wider metro are key constraints.
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PropCred Estimated Value
Comparable Sales: 25/37 Virginia Avenue (4-bed, 274m²) sold $740k; 2/37 Virginia Avenue (4-bed, 280m²) sold $735k | Listed Price Band: $740k to $840k | Value Indicator: condition, layout, lot size
Bedrooms
4
Bathroom
2
Parking
2
Land
293m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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