36 Carrick Road, Mount Richon WA 6112
36 Carrick Road, Mount Richon WA 6112
Spacious 4-bedroom home on a large block, steady sales demand with quick turnarounds, stronger growth than state averages, and family-oriented with solid rental appeal.
Nestled in a quiet cul-de-sac, this established 4 bed 2 bath residence offers generous living spaces across multiple zones, including a formal lounge, family area, and games room flowing to an outdoor entertaining space with a below-ground pool. The double garage with extra parking suits families needing room for vehicles and storage, while the leafy 800sqm block provides scope for landscaping or extensions. Positioned in Mount Richon’s elevated, green pocket, it captures breezes and views toward the hills, appealing to growing families or downsizers seeking privacy away from main roads. Buyers in the mid-family segmentΒparents with school-age kids prioritizing space and low-maintenance lifestyleΒwill find it ideal, especially amid tightening supply of larger homes. Demand stays robust, with comparable properties moving in under 20 days, signaling competitive interest from locals upgrading within the area. Configuration favors indoor-outdoor living, well-suited to WA’s climate, though the pool adds upkeep for some. Location perks include proximity to Armadale’s revitalized precinct for shopping and rail links to Perth, plus easy access to Tonkin Highway for commutes. Drawbacks involve distance from major employment hubs like the city, potentially lengthening drives. Nearby schools like Mount Richon Primary and South Coast Baptist College serve primary and high needs, with above-average ratings for family demographics where most households earn $78k-$130k annually, skewing professional and trade-based. No major new projects disrupt the established feel, preserving value in this stable enclave. Rental yield hovers competitively around 5-6% based on local trends, drawing investors eyeing steady tenant demand from families. Growth drivers include recent 14% quarterly house price rises outpacing state softening, fueled by low inventory and regional migration. Opportunities lie in value-add renovations or subdivision potential on the block size, capitalizing on undersupply. Risks encompass high state mortgage rates curbing first-home flux, plus any pool compliance costs, though overall market reset favors holders with equity.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ