35 Waylen Road, Shenton Park WA 6008
35 Waylen Road, Shenton Park WA 6008
Detached house | 4 bed, 2 bath | 4 car spaces | 511 mยฒ lot | Shenton Park inner west | Sold $2.30m Dec 2024
This property sits in a well established inner west suburb where detached houses on mid sized lots are increasingly rare. Four car spaces is genuinely unusual for a standard house and signals either a wide driveway, a garage configuration, or off street parking that adds practical value for families with multiple vehicles or a boat and trailer. The 511 mยฒ lot is consistent with the areas older housing stock and positions the property well for buyers who want a house with outdoor space without the maintenance of a larger block. The recent sale at $2.30 million confirms strong demand at this price point, and the fact it is now marked as coming soon suggests either a change in the vendors circumstances or an attempt to test the market again at a higher level. This property best suits a family or professional couple who value location and parking capacity over a brand new interior.
The rapid re listing after a December sale may indicate a buyer who could not settle, which sometimes creates a slight stigma or a motivated vendor scenario. Alternatively the vendor might be testing whether the market has shifted upward since late 2024. The land size is workable but not large by Shenton Park standards, so the value is more in the location and the parking than in development potential. Buyers should inspect the condition of the house carefully since no details about renovation history or building age were available, and a property that sold and reappeared quickly might have undisclosed issues. The absence of school catchment or rental yield data means those factors should be verified independently before forming a price view.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 35 Waylen Road, Shenton Park WA 6008
Market Insight:
Shenton Park is an established inner-west suburb characterised by premium housing stock and high-quality school catchments, underpinning its desirability. Demand is driven by owner-occupiers seeking amenity and long-term capital growth, with a significant rental population creating investor interest. The market demonstrates strong recent price momentum for houses, with exceptionally tight vacancy rates and low sales volumes indicating intense competition for limited stock. Future growth is supported by constrained new supply and sustained demand, though high entry prices and acute scarcity of available properties present significant affordability and accessibility constraints.