3 Woodloes Street Piara Waters WA 6112
3 Woodloes Street Piara Waters WA 6112
Modern 2017 build | 450mΒ² lot with pool & solar | Piara Waters school catchment | Mason Green estate
This property presents a competitively strong, modern family home in a targeted school catchment, a combination that sustains demand. Its 2017 construction with ducted air-conditioning, solar panels, and a swimming pool positions it above typical stock for its age, serving families seeking move-in readiness and proximity to primary and high schools within 750 metres. The absence of bushfire or flood overlays removes a common due diligence hurdle.
The primary risk is price volatility from its rapid appreciation since 2022, demanding scrutiny of current valuation against recent, limited comparable sales. The opportunity lies in securing a low-maintenance, energy-efficient home in a developed estate, which logically supports stable rental yields. Consider this property a long-term hold for owner-occupation or a family rental. Our analysis can pressure-test the listed price against genuine sales evidence and detail locality-specific risks for insurance.
Nearby sales context: 18 Woodloes Street sold for $852,000 in September 2024. The subject property’s previous sale at $636,000 in November 2022 indicates substantial market movement, making current comparable validation essential.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Piara Waters is a high-demand suburb characterised by rapid turnover and strong price appreciation, driven by its appeal to affluent families. This demand is supported by robust sales activity and a consistently tight supply of listings. While the market demonstrates significant momentum, its high price point relative to local rents presents an affordability consideration for future growth.