32 Teraglin Way, Warnbro WA 6169
32 Teraglin Way, Warnbro WA 6169
92m² internal, 596m² land, 3 bedrooms, 1 bathroom, 1 car space. Built 2002, renovated. Elevated block with side access and rear garden in old Warnbro beachside pocket.
The renovated condition and elevated block position this house above much of the 2002-era stock in Warnbro where unrenovated homes are common. The side access and rear garden space is genuinely rare for a block this size in an established beachside pocket, offering practical options for a workshop, pool or additional parking that most nearby properties lack. The smaller internal footprint at 92m² is the trade-off, but it makes the house best suited to first homebuyers, downsizers or investors seeking a low-maintenance interior with outdoor flexibility. The family-friendly street and beach proximity give it broad appeal while the renovation means less immediate work for an owner-occupier.
The 92m² internal area may constrain price growth compared to larger homes in the suburb, as families typically prioritise floor space over land. The single bathroom is another factor that might limit buyer pool for owner-occupiers with children. However the elevated position and side access could support a future extension or granny flat subject to council approval, which a buyer should investigate. The last sale in early 2024 provides a recent benchmark but without disclosed price, forming a view on value requires comparing this property’s renovated finish and land utility against similar sized homes that have sold recently in the surrounding streets.
Detailed Independent Property Report prepared by PropCred Analyst team for 32 Teraglin Way, Warnbro WA 6169
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Warnbro is a mature residential suburb with a market defined by strong buyer demand, evidenced by rapid house sales and robust transaction volumes. This demand is driven by owner-occupiers within a moderate income bracket, creating a stable, active market. House prices are appreciating solidly, while the unit segment shows less momentum. Future growth is supported by sustained buyer interest, though affordability pressures relative to broader Perth and a less dynamic unit market present notable constraints on overall performance.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
596m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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