36 Honours Rise, Marangaroo WA 6064
36 Honours Rise, Marangaroo WA 6064
Compact 3×1 house on 450m² block | Standard suburban finish | Suits first-home buyers or downsizers | Ordinary land size for the area
This property is a straightforward, compact family house that fits the lower end of Marangaroo’s detached housing stock by land size and configuration. Its competitive strength lies in its affordability and manageability, serving first-home buyers or downsizers who want a single-level house without the maintenance of a larger block. The 108m² building area and three-bedroom, one-bathroom layout are functional but unremarkable, placing it as a solid entry-level option rather than a standout family home.
The value of this property may be influenced by its lack of premium features or recent renovations, as the finishes and internal quality are not specified. Its smaller land size compared to many nearby houses might limit its appeal to buyers seeking expansion or renovation potential, and the absence of modern amenities could require a discount relative to updated stock. The buyer should weigh whether the property’s condition and location justify its price against the need for future upgrades.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Honours Rise, Marangaroo WA 6064
Checks found:
Value Risk
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1
Liquidity Risk
✓
Planning Risk
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1
Income Risk
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1
Execution Risk
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1
Marangaroo WA 6064
Marangaroo presents as a tightly held, family-oriented suburb in Perth’s north, characterised by robust demand and rapid sales. The market is driven by local trades and established families, supported by stable population fundamentals and strong rental appetite. Recent price growth has been significant, with houses transacting swiftly, indicating a competitive environment with limited supply. Future momentum is underpinned by Perth’s broader regional strength, though affordability pressures for entry-level buyers and sensitivity to interest rate movements present notable constraints to sustained growth at current levels.
PropCred Estimated Value
Bedrooms
-
Bathroom
Parking
-
Land
450m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst