32 St Peters Green College Grove WA 6230

32 St Peters Green College Grove WA 6230
Bushfire overlay | 295mΒ² footprint | 4.54% rental yield | $320k in 2021 The 49% site coverage and 5m roof height signal a house built for volume, not outdoor space, which constrains future extension or subdivision potential. The bushfire overlay adds insurance and compliance costs, while the 2021 sale price of $320k versus current estimates around $720k to $746k shows steep capital growth that may not repeat. This property holds best as a long-term rental or family home where yield and space are prioritised over redevelopment. The 601mΒ² block and side access to a large shed are rare in College Grove, giving buyers parking and storage options that most competitors lack. The open-plan layout and reverse cycle air conditioning make it functional for a family, and the 5G coverage supports modern living. This house suits a buyer seeking steady rental income or a settled home in a school catchment, rather than speculation on land value. To secure a comparable property with this land-to-building ratio, a formal building inspection and bushfire assessment are necessary before negotiations.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

College Grove is a tightly held family suburb with strong demand from owner-occupiers, evidenced by rapid sales and a negligible rental vacancy. Recent price growth has been robust, driven by this demographic seeking established homes on generous lots. Future performance is underpinned by sustained family demand but faces sensitivity to interest rates given the high proportion of mortgaged households.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

601mΒ²

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