36 Berkeley Cres, Floreat WA 6014
36 Berkeley Cres, Floreat WA 6014
Large family home | heritage overlay | Floreat catchment | pool and solar panels
This property offers a rare combination of scale and location for a buyer seeking a substantial family home in a tightly held suburb. The 880m² block with a 471m² building footprint is unusually large for Floreat, and the heritage overlay has preserved the street’s character, which supports long-term value stability. The catchment for Floreat Park Primary and Shenton College adds strong demand from families, while the pool and solar panels reduce ongoing costs. This house serves best a buyer who wants a move-in ready home with room to grow, not a developer seeking maximum redevelopment flexibility.
The heritage overlay is the primary risk, as it restricts external changes, demolition, and extensions, limiting future redevelopment potential. The 1952 build may require updating of systems or insulation, though the large existing footprint reduces pressure to extend. The 90% owner-occupier rate and low turnover on Berkeley Crescent signal a stable, low-supply street, which supports resale but may limit short-term capital gains if the market softens. A buyer should verify the specific heritage controls with the council before committing, and budget for any necessary compliance work.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Berkeley Cres, Floreat WA 6014
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
Insight: Floreat WA 6014
Floreat is a tightly held, high-ownership suburb where affluent professional families are drawn by its proximity to the city and top-tier schools, creating sustained demand. This has driven strong recent price growth in a low-supply market, though the premium house prices and divergent unit performance present a notable constraint on broader affordability and entry.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
882m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst