3 Laidley Way, Greenfields WA 6210
3 Laidley Way, Greenfields WA 6210
Large 2,916 m² block | 1993 four-bedroom house | pool and solar already in | semi-rural feel in a suburban setting | buyer pool is niche but motivated
The standout here is the land. At nearly 2,916 m², this is not a typical Greenfields house block. It offers space for vehicles, a workshop, or hobby uses that most suburban properties simply cannot accommodate. The house itself is a solid late-1990s build at 218 m², with four bedrooms, two bathrooms, and a double garage. The pool and solar panels add practical lifestyle appeal and reduce ongoing energy costs. This property suits a buyer who wants room to move, privacy, and the flexibility to use outdoor space meaningfully, rather than someone looking for a low-maintenance, lock-and-leave home. It sits comfortably in a residential Mandurah setting with no major overlay concerns, and the school intake area is clearly defined.
The value picture here is shaped by how the market prices land-rich properties in this part of Mandurah. The estimated rent of around $720 per week gives a rough yield signal, but the real driver is the scarcity of large blocks. That said, a property like this may take longer to sell than a standard family home, simply because the buyer pool is smaller. The building coverage is low at roughly 7%, which means there is significant unused land, and that could appeal to someone thinking about future subdivision, though no planning work has been confirmed. Condition, presentation, and how the outdoor space is currently set up will matter most when forming a view on price.
|| Comparable Sales: similar large-block homes in Mandurah have sold between $1.1M and $1.3M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, pool and solar, overall condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Laidley Way, Greenfields WA 6210
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Greenfields is a well-established residential suburb experiencing strong buyer demand, with houses selling significantly faster than the broader Mandurah region. This momentum is driven by owner-occupiers, evidenced by a high proportion of mortgaged properties, seeking value in its diverse community pockets. The market demonstrates robust capital appreciation, particularly for houses, supported by tight rental conditions and rising yields. Future growth is underpinned by this sustained demand, though the minimal unit sales volume indicates a market preference for houses, which presents a supply constraint for that segment.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: similar large-block homes in Mandurah have sold between $1.1M and $1.3M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, pool and solar, overall condition and presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
2916m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!