3 Sheoak Place, Armadale WA 6112
3 Sheoak Place, Armadale WA 6112
Older large-block house | central Armadale position | redevelopment upside | strong rental demand | dated but solid bones
This property sits in a part of Armadale where older detached houses on substantial lots are becoming less common, especially as infill product takes over closer to the town centre and station. The configuration here points to a classic family layout with practical parking and storage, which suits buyers wanting space without strata constraints. It will appeal most to owner-occupiers looking for a project or long-term hold, and to investors who can see the rental income offset holding costs while land value does the work. The location is genuinely convenient, within easy reach of shopping, transport and main roads, which keeps demand steady across buyer types.
What may influence price most is the balance between the dwelling’s current condition and the land it sits on. If the house is liveable but dated, buyers might factor in renovation spend, while others may see the block size as the real prize, especially given the redevelopment activity happening in parts of Armadale. The absence of confirmed zoning or overlay details means a buyer should check planning parameters before committing, as that could shift the value equation significantly. Rental potential appears solid, but the exact figure will depend on internal finishes and layout.
|| Comparable Sales: 3 Scotia Place sold $565k Jul 2025; 31 Girraween Street 3 bed on 698m² | Property Price Band: $550k–$650k | Value Drivers: land size, condition, redevelopment potential
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Sheoak Place, Armadale WA 6112
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Armadale, a trade-heavy suburb in Greater Perth with a population of 13,415, is repositioning as an affordability play for investors and first-time buyers. Modest household incomes underpin demand for its low entry points: house median sits at $610,000 with 12.96% annual growth, while units are $520,000, up 20.93%. The market is tight—houses average 11 days on market, and annual sales hit 419. Gross yields are robust at 5.19% for houses and 5.59% for units, with weekly rents of $600 and $560 respectively. Future growth is tied to main-road access via Albany Highway and Rowley Road. However, price dispersion across sources ($575,000–$630,000) and wide variance in growth (11.5%–17.7%) signal volatility, as do inconsistent sales volumes (231–419) and house yields slipping to 4.5% in one dataset.
PropCred Estimated Value
Comparable Sales: 3 Scotia Place sold $565k Jul 2025; 31 Girraween Street 3 bed on 698m² | Property Price Band: $550k–$650k | Value Drivers: land size, condition, redevelopment potential
Bedrooms
3
Bathroom
2
Parking
1
Land
709m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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