32 Coleman Way, Karrinyup WA 6018

32 Coleman Way, Karrinyup WA 6018
3 bed 1 bath 1965 character home | 850sqm land parcel Karrinyup | single-level detached house | large-block appeal with renovation potential What is competitively strong about this property is its land-to-dwelling ratio. An 850sqm block in an established suburb like Karrinyup is increasingly uncommon, particularly for a single-level 1965 house that remains intact and liveable. The character-home framing suggests original or retained period features, which can appeal to buyers wanting to renovate rather than demolish. The property sits on a quiet residential street among similar older houses on large parcels, which reinforces a stable neighbourhood character. This house best serves a buyer who values land size and location over a finished interiorโ€”someone willing to invest in updates to unlock the property’s full potential. What may materially affect the value is the property’s age and likely condition. A 1965 build often requires significant structural and systems upgrades, particularly electrical, plumbing, and insulation, which are not visible from listing snippets. The single bathroom may limit appeal for families or future resale, and the single car space is modest for a block of this size. On the positive side, the large lot may support extension or redevelopment, but that depends on zoning and site constraints that are not confirmed. A buyer should weigh the cost of bringing the house to modern standards against the land’s intrinsic value.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 32 Coleman Way, Karrinyup WA 6018
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Market Insight:

Karrinyup is positioned as a well-established coastal suburb, attracting a professional demographic and families. Demand is driven by buyers and tenants seeking modern homes, supported by ongoing infrastructure upgrades and proximity to key amenities. The housing market demonstrates robust growth, while the unit segment has experienced recent price adjustments. Future growth is anchored to its coastal appeal and consistent infrastructure investment, though affordability constraints may emerge as a key consideration.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

850mยฒ

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