3 Millbridge Boulevard, Millbridge WA 6232

3 Millbridge Boulevard, Millbridge WA 6232
4 beds | 214sqm living | 679sqm block | flood overlay | family belt The property offers a generous 214sqm of internal space across four bedrooms, which is notably larger than many comparably priced homes in the South West corridor. The ducted air conditioning, multiple living zones, and solar panels reduce ongoing utility costs and improve livability for a family. Its position in Millbridge places it within a stable, owner-occupied suburb with strong school catchment access, which supports resale demand from families. For a buyer seeking a turnkey house with room to grow, this configuration provides a competitive edge over smaller or older stock nearby. The flood overlay is the primary risk here, and it may affect insurance premiums and future financing options, though no history of inundation was noted in available data. The property last traded in 2022, and the current list price sits above the estimated value, meaning price negotiation is warranted. The absence of bushfire or heritage overlays simplifies due diligence. For a buyer, this house works best as a long-term family hold where the flood risk is accepted and offset by the solar and layout advantages, rather than a short-term flip.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Millbridge is a high-growth suburb driven by significant population expansion and rising household incomes, positioning it as a dynamic market within the region. Demand is fueled by young families and trades professionals, creating a robust buyer base. Recent price trends reflect exceptionally strong capital growth, with houses transacting efficiently, indicating sustained market momentum. Future prospects are underpinned by these demographic tailwinds, though rapid price appreciation warrants monitoring for affordability constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

679mยฒ

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