31 Tallow Tree Cres, Subiaco WA 6008
31 Tallow Tree Cres, Subiaco WA 6008
Modern infill on 200sqm | R40 zoning | 1km to train | 3/2/2 low-maintenance house | Walk-to-everything Subiaco
A modern infill house of this configuration is rarely offered in Subiaco, where character homes dominate. Built in 2000 as a 3/2/2 on a compact 200 square metre lot, the property is positioned for low-maintenance urban living. Its location near the train, retail, Kings Park, and the CBD is regarded as a convenience advantage. The house is suited to downsizers, professional couples, and small families drawn to walkable amenity without apartment living. Practicality is provided by air conditioning and a two-car garage, while R40 zoning is viewed as a density consideration. It is distinguished by its modern build, central location, and manageable land.
Property’s value may be affected by the small 200 square metre lot, which limits family appeal. Presentation is likely to be key; a polished fit-out might be rewarded, while demand may be slowed by a basic one. R40 zoning is viewed as a density opportunity, though constrained by the lot. These points are best weighed against comparable evidence when a view is formed.
>> Comparable Sales: 13 Tallow Tree Crescent Subiaco ($1,790,000, Apr 2025) | Property Price Band: $1.9M-$2.0M | Value Drivers: modern 3/2/2 layout, central Subiaco location, R40 zoning
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Tallow Tree Cres, Subiaco WA 6008
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✓
Market Insight
Subiaco’s median house price sits at $1.97 million, with annual growth between 9.4% and 16.4% across sources; units median $742k–$760k with growth of 14–16%. Houses sell in 11 days, reflecting tight conditions. Demand is led by lifestyle-focused first-home buyers, downsizers and investors, attracted to apartments for affordability and low-maintenance living. Rental yields are 2.98% for houses and 5.15–5.5% for units, with median house rents of $983–$1,100 and unit rents around $745–$750 weekly. The suburb’s renaissance and record business confidence underpin future demand. Key constraints: the entry price for houses blocks many buyers, and limited apartment stock remains. 114–115 house sales over the year indicate low turnover but firm pricing.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
200m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst