31B Shirley Avenue, Mount Pleasant WA 6153
31B Shirley Avenue, Mount Pleasant WA 6153
3 bed 2 bath house on 488m² with offer pending after 5 days; multiple offers signal strong demand; 56% building coverage leaves yard space; Brentwood Primary catchment 0.5km.
Spacious 274m² floor area includes 2 living zones, study, ducted cooling, dishwasher, alarm, balcony, outdoor entertaining area, shed, and remote garage with ensuites plus built-in robes. NBN fibre and 5G coverage support modern living. No bushfire, flood, or heritage risks in Melville LGA residential zoning.
Appeals to growing families or professionals seeking lock-up garage entry and low-maintenance yard on elevated 15m ground. Suits downsizers wanting 3-bed flexibility without villa constraints, or investors eyeing owner-occupier upgrades. Positioned in family-oriented pocket near Canning River, with quick access to Murdoch Activity Precinct hospitals and university. Walk to Brentwood Primary (K-6, 0.5km), Rossmoyne SHS or Applecross SHS (both 1.9km, 7-12 co-ed government). Local demographics skew professional couples and families with children, driving steady buyer interest. Demand runs hot for functional 3-beds like this, with under-offer status and multiple bids reflecting quick sales trend amid low stock. Rental yield potential solid from features like ducted cooling and study for remote workers. Growth draws from proximity to employment hubs, quality schools, and riverfront lifestyle without inner-city premiums. Opportunities in value-adding via landscaping or minor cosmetics on high-coverage build. Risks limited to competitive bidding pushing prices, or slower tenant turnover if rented in softening yield environment.
Detailed Independent Property Report prepared by PropCred Analyst team for 31B Shirley Avenue, Mount Pleasant WA 6153
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
Mount Pleasant is a high-value, established suburb attracting affluent professionals, evidenced by its premium pricing and rapid capital growth. Demand is driven by this demographic seeking quality family living, supported by strong local schools and infrastructure. The market exhibits exceptional momentum with houses and units achieving significant annual appreciation and selling swiftly, indicating intense buyer competition. Future growth is underpinned by sustained high-income demand and population growth, though its elevated price point presents a sensitivity to broader economic conditions and interest rates.
PropCred Estimated Value
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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