33 Mayor Street Harrisdale WA 6112
33 Mayor Street Harrisdale WA 6112
3 beds, 2 baths, 2014 build | 331sqm block, 200sqm house | Bushfire overlay, no flood risk | NBN FTTP, solar panels, 5G
The property is a competitively configured 3-bedroom house on a compact, low-maintenance 331sqm lot, built in 2014, which places it in a strong position for buyers seeking modern finishes without the premium of a new build. The 200sqm floorplan, with an ensuite and alfresco, is rare for this size block and signals efficient design that appeals to downsizers or investors targeting the rental bracket of $690–$810 per week. Its position on Mayor Street, where 65% of properties are owner-occupied, and within walking distance to Harrisdale Senior High School, reinforces stable demand from families. The detected solar panels and NBN FTTP add operational savings and connectivity, but are not primary value drivers.
The bushfire overlay is the principal risk, potentially increasing insurance costs and limiting some buyers’ appetite, though it does not affect current residential use. The property sits in a suburb with a median 7-day selling time and 58 sales this year, indicating liquidity, but the end-date sale method creates time pressure for due diligence. The estimated value range of $900,000–$1,000,000 suggests the buyer should negotiate firmly toward the lower end, given the overlay and the fact the house last sold in 2021. For a buyer, this is a hold-and-rent proposition: the rental yield at $750 per week supports a conservative entry, with capital growth tied to the school catchment and infill demand in Harrisdale.
Detailed Independent Property Report prepared by PropCred Analyst team for 33 Mayor Street Harrisdale WA 6112
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Harrisdale is a high-growth family suburb, with demand driven by young families seeking established communities, evidenced by its dominant demographic profile. The market exhibits strong momentum, with houses transacting rapidly in a competitive environment, reflecting sustained buyer interest. Future growth is underpinned by significant residential development and projected population increases, which will continue to support housing demand.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
331m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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