37 St Albans Promenade, Canning Vale WA 6155
37 St Albans Promenade, Canning Vale WA 6155
Custom double-storey | 4 bed 3 bath 4 car | 94% site coverage | Premium Ranford Estate | Family-first configuration
Built in 2014, this custom double-storey house is defined by a rare combination of internal scale and premium finish within a tightly held estate pocket. A four-bedroom, three-bathroom configuration with four-car capacity and a study is provided for upgrader families seeking long-term space without sacrificing modern design. The property is positioned with a grand entry, high ceilings, and a fully insulated shell, and is situated among quality stock in a sought-after, amenity-rich location near schools, shopping, and transport. It is best suited to executive families who are prioritising house size, multi-zone living, and immediate suburban convenience.
The unusually high site coverage, at 94%, may be seen as a constraint on outdoor expansion, and the unverified outlook may be expected to affect perceived value. Build quality and the solar-battery system might be relied upon to offset this land limitation, with internal finish condition likely to be a deciding factor. Price support may be found in premium presentation, while the compact footprint could be expected to cap upside relative to older blocks.
>> Comparable Sales: 4 St Albans Promenade, similar custom house, transacted around $1.9M | Property Price Band: $1.8M–$1.9M | Value Drivers: internal finish quality, compact land parcel, premium estate location
Detailed Independent Property Report prepared by PropCred Analyst team for 37 St Albans Promenade, Canning Vale WA 6155
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✓
Market Insight
Canning Vale sits as an established southern Perth suburb with strong buyer appeal, anchored by high household incomes and solid transport connectivity. Demand is driven by owner-occupiers and investors attracted to its balanced market: houses average $1,020,000 with 13.97% annual growth, while units at $668,250 grew faster at 15.71%. Market conditions are tight-houses sell in a median 14 days, with 467 annual sales reflecting healthy turnover. Rental fundamentals support investor interest: houses yield 4.22% at $800 weekly, units yield 5.21% at $675 weekly. Future growth is underpinned by persistent demand and quick absorption of stock, though affordability is now a constraint, with house prices above $1 million and recent rapid appreciation raising rate sensitivity risks. Supply-side pressure remains a watchpoint.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
433m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst