34 Painted Parkway, Alkimos WA 6038
34 Painted Parkway, Alkimos WA 6038
4 bed family house | 375sqm block | Alkimos growth corridor | investor and owner appeal | no bushfire flag
This is a modern detached family house on a compact suburban lot, a configuration that suits both owner-occupiers and investors in the outer-northern Perth growth corridor. With four bedrooms and two bathrooms, it offers the space most families need, while the two-car parking and manageable 375sqm block keep maintenance lower than larger coastal fringe properties. The property sits within the City of Wanneroo area, which has seen steady demand from families priced out of closer-in suburbs and from investors chasing rental growth in a developing corridor. The house is best suited to a buyer looking for a turnkey family home or a solid addition to a rental portfolio, given its standard modern layout and moderate land size.
The estimated value around the million-dollar mark reflects the premium attached to newer detached housing in Alkimos, but the smaller block size may limit long-term land appreciation compared to larger lots in the same suburb. Buyers should weigh whether the property’s finishes and orientation match the price being asked, as no detailed specification is available from the supplied information. The investment angle in the marketing suggests the vendor expects rental demand, but without local vacancy data or achieved rents, the yield remains an unknown. Any buyer should verify school catchments and check for nearby infrastructure projects that might affect future value, as these factors are not confirmed in the available material.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Painted Parkway, Alkimos WA 6038
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Alkimos is a developing coastal suburb experiencing robust property growth, driven by strong demand from owner-occupiers and investors. This is evidenced by exceptionally quick sales times and rising rental returns. Recent price trends show significant annual growth, supported by high sales volumes and ongoing infrastructure projects which serve as key future drivers. The market’s primary constraint is its sensitivity to broader economic conditions, given the high proportion of mortgaged owners.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
375m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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