3 Dory Way, Warnbro WA 6169

3 Dory Way, Warnbro WA 6169
4-bed renovated family home | 727m² large land | 0.3km to high school | no overlays | 22% building coverage This property presents a competitively strong proposition due to its rare combination of a large, usable block and a modernised four-bedroom layout in a tightly held family catchment. The 727m² land size significantly exceeds the local standard, offering future flexibility, while its immediate proximity to Warnbro Community High School anchors its appeal to a specific, durable buyer pool. The full renovation and lack of development overlays translate to a move-in ready home with reduced regulatory risk, squarely serving families seeking space and convenience. The primary decision point is the premium asked versus the estimated market valuation, representing the cost for secured renovation and location. The limited comparable sales data increases pricing ambiguity. However, the substantial land component and renovated status provide a logical basis for long-term capital holding, ideally suited for owner-occupation to realise its family utility. For precise valuation, due diligence on locality risks, and insurance assessment, a PropCred report would ground this opportunity in verified market data. Recent sales context is limited, with the property’s own 2016 sale at $355,000 highlighting substantial historical growth. The lack of detailed, recent comparable sales in the immediate area underscores the importance of a professional valuation to test the current asking price against true market movements.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3 Dory Way, Warnbro WA 6169
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Warnbro is a mature residential suburb with a market defined by strong buyer demand, evidenced by rapid house sales and robust transaction volumes. This demand is driven by owner-occupiers within a moderate income bracket, creating a stable, active market. House prices are appreciating solidly, while the unit segment shows less momentum. Future growth is supported by sustained buyer interest, though affordability pressures relative to broader Perth and a less dynamic unit market present notable constraints on overall performance.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

727m²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat