35 Fringed Way, Piara Waters WA 6112
35 Fringed Way, Piara Waters WA 6112
3 bed 2 bath 1 car | 2018 built compact lot | near schools park shops | low-maintenance modern house | limited parking land size
This property is regarded as a strong contender for buyers seeking a modern, low-maintenance home in a family-oriented suburb. Its 2018 construction and open-plan design are viewed as competitive strengths, particularly for first-home buyers or downsizers who value efficiency over land size. The proximity to schools, parks, and a shopping centre is noted as a practical advantage, aligning with typical demand in Piara Waters’ newer estates. The compact 188 m² lot is not unusual for infill housing, but it does limit outdoor space. This property is best suited to those prioritizing modern finishes and low upkeep over expansive grounds.
The value of this property may be influenced by its small land component, which might limit the buyer pool. The single car space could be a constraint for some households. The absence of detailed finish information means final condition should be verified. The recent sale history suggests current market expectations are elevated, but no definitive valuation is possible without comparable sales.
Detailed Independent Property Report prepared by PropCred Analyst team for 35 Fringed Way, Piara Waters WA 6112
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Piara Waters is a high-demand suburb characterised by rapid turnover and strong price appreciation, driven by its appeal to affluent families. This demand is supported by robust sales activity and a consistently tight supply of listings. While the market demonstrates significant momentum, its high price point relative to local rents presents an affordability consideration for future growth.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
188m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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