37 Coolham Way, Balga WA 6061
37 Coolham Way, Balga WA 6061
Three-bedroom, one-bathroom house with two parking spaces on a 728 square metre block. Built in the 1960s, this single-story home sits on a lot substantially larger than most in the area, a rare find in Balga that immediately sets it apart from typical suburban stock. The property is positioned within a standard residential zone under Stirling council, with no bushfire hazard noted.
The generous land holding of 728 square metres is considered a primary strength of this property, offering possibilities not available on smaller blocks in the same suburb. This attribute is rare for the area and is expected to attract buyers focused on land value, whether for future development or extended living space. The three-bedroom layout is well-suited to families or investors seeking a functional footprint. The property is situated in a suburb typified by steady demand from cost-conscious buyers, making it a sensible choice for those who value space over prestige. Its older construction era may appeal to renovators looking to create equity through updates.
The dwelling’s 1960s construction era is considered a factor that may require investment in updates to systems or finishes, which could affect the total cost of ownership. The suburb’s market profile might limit the pool of buyers willing to pay a premium for land, as location is not regarded as high-demand. These elements are worth weighing when forming a view on price, with value likely driven by the land component rather than the dwelling’s condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 37 Coolham Way, Balga WA 6061
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Balga is an established suburb experiencing a significant demographic shift, with a growing population of young professionals and families. This influx is driving strong demand for housing, reflected in rapid sales and robust price growth. The market is characterised by high rental yields and low stock turnover, indicating sustained investor and owner-occupier interest. Future growth will be supported by its relative affordability and demographic momentum, though its trajectory remains sensitive to broader economic conditions influencing buyer sentiment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
728m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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