36 Ravenswood Drive, Nollamara WA 6061
36 Ravenswood Drive, Nollamara WA 6061
36 Ravenswood Drive, Nollamara, is a 3-bedroom, 1-bathroom single-storey house built in 1963 on a 782m² residential lot with a single garage. The property has reliable NBN Fibre to the Premises and 5G mobile coverage.
This property’s standout strength is its substantial 782m² land holding, which is a rare find in this part of Nollamara. The generous block offers genuine potential for future redevelopment or subdivision, subject to council approval, making it particularly attractive to buyers with a longer-term view. Its single-storey 1963 build, while older, sits on a parcel that is meaningfully larger than many neighbouring lots, giving it a competitive edge for those seeking space or development opportunity. The property is best suited to investors or owner-occupiers who value land content over immediate turn-key condition, and who are comfortable with a classic three-by-one configuration that is typical of its era.
The property’s age and single-bathroom layout may limit its appeal to buyers seeking modern finishes or multiple bathrooms, which are now standard in newer homes. The older build could also mean potential for deferred maintenance, though this is not confirmed. Its positioning within the Westminster Primary and Dianella Secondary College intake areas provides stable family demand, but the lack of any bushfire, flood, or heritage overlays is a clear positive. The estimated rental return of $685 per week offers a reasonable yield signal, though the final sale price will depend heavily on how the land’s potential is valued relative to the house’s condition and configuration.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Ravenswood Drive, Nollamara WA 6061
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Nollamara presents as a high-demand, affordable entry point into Perth’s northern suburbs, characterised by exceptionally fast-moving sales and strong capital growth. Demand is driven by owner-occupiers and investors attracted to its relative affordability and tight rental market, evidenced by rapid sales and high yields. Recent price trends show robust growth across both houses and units, with market conditions indicating intense competition and low stock turnover. Future growth is supported by sustained buyer activity, though the market exhibits sensitivity to affordability pressures and yield compression.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
782m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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