38 Allinga Cres Craigie WA 6025
38 Allinga Cres Craigie WA 6025
4 beds | 214sqm internal | pool & solar | 80% owner-occupied street | 12-day suburb sell time
This property offers a rare configuration advantage in Craigie: a genuine four-bedroom, two-bathroom floorplan with 214 square metres of internal space, combined with a 683-square-metre block and recent capital improvementsโa 2020 pool and 2022 solar arrayโthat typically command a premium in this price tier. The street is 80% owner-occupied, which signals stable demand and lower turnover risk. For a family buyer seeking a move-in-ready home with separation of living zones (open-plan, theatre, activity area) and low ongoing energy costs, this house positions well against the suburb median of $967,500 for four-bedroom homes, which have averaged only 12 days on market.
The primary risk is the property’s estimated value of approximately $980,000, which sits near the top of the suburb median range, leaving limited immediate equity gain unless the market continues its 17% annual growth trajectory. The conflicting older data (3-bed, 1-bath) suggests the property may have been undervalued in past records, so a buyer should verify that the current listing accurately reflects the 4-bed, 2-bath configuration. The powered shed and ceiling storage add functional value but do not materially increase resale price. The opportunity is to secure a property with recent high-cost upgrades already installed, avoiding the immediate outlay for pool and solar. Hold this house for at least five years to capture the full benefit of the improvements and the suburb’s steady owner-occupier demand.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Craigie is a tightly held northern Perth suburb experiencing robust demand, evidenced by rapid sales and strong price appreciation across both houses and units. This growth is driven by active investor interest, supported by solid rental yields and consistent rental prices. The market demonstrates a clear preference for houses, with high sales volume and very low days on market indicating competitive conditions. Future performance will hinge on the continuation of this sales momentum and broader economic factors influencing buyer affordability.