36 Coolabah Way, Forrestfield WA 6058
36 Coolabah Way, Forrestfield WA 6058
Large 770sqm block | 1970s home with pool and solar | hills views | off-market positioning possible
The property’s primary buying case rests on its unusually large 770 square metre block in an established Forrestfield pocket where such land is increasingly scarce. The 1977 build offers a solid footprint with 260 square metres of internal space, and the addition of an inground pool and solar panels provides immediate lifestyle utility and reduced ongoing costs. For a buyer seeking a home with expansion potential or a renovation project on substantial land, this configuration is competitively positioned, particularly given the absence of bushfire, flood, or heritage overlays which simplifies any future development or insurance considerations. The property best suits owner-occupiers who value outdoor space and views over a turnkey interior, or investors targeting long-term land appreciation in a corridor with improving infrastructure.
The primary risk is the single bathroom and dated interior which will require capital expenditure to align with contemporary expectations, and the 1977 construction may present maintenance liabilities in roofing or plumbing that are not immediately visible. The property’s off-market status and current listing around the high seven-hundreds suggest a motivated seller, offering a buyer negotiating leverage if due diligence is thorough. With fibre to the curb NBN and 5G coverage, connectivity is adequate for remote work. This property should be held for medium-term land appreciation rather than short-term flipping, and a buyer who renovates the bathroom and refreshes the kitchen can expect to capture significant equity gain within three to five years.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Coolabah Way, Forrestfield WA 6058
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Forrestfield WA 6058
Forrestfield is a well-connected eastern suburb with a solid, trade-oriented demographic driving strong owner-occupier demand. This is reflected in a robust and fast-moving detached housing market, evidenced by rapid sales and significant annual price growth. Future prospects are supported by consistent buyer activity and infrastructure links, though affordability pressures and a notably weaker unit market present clear constraints on broader growth.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
770m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst