39/11 Elvire Street, Viveash WA 6056
39/11 Elvire Street, Viveash WA 6056
3 bedroom, 2 bathroom villa on a 366sqm lot, built 2004 with 2 car spaces and an ensuite. 104sqm of internal living space.
This property is competitively positioned as a rare configuration in Viveash, where most villas offer only 1 bathroom and a single car space. The dual bathroom layout and 2 car spaces give it an edge for families or tenants who value practicality over pretence. It sits on a larger than typical lot for a villa, which may offer some flexibility for outdoor living or future additions. The 2004 build means it is newer than much of the older housing stock in the area, reducing immediate maintenance concerns. This property best suits a buyer seeking low maintenance living with genuine 3 bedroom functionality, or an investor targeting the family rental demographic that often struggles to find adequate parking and bathroom provision in this price bracket.
The flood and heritage overlays on the title may affect insurance premiums and limit any future structural changes, which is a factor a buyer should weigh when forming a view on price. The building is now 22 years old, so some systems like hot water or roofing may be approaching replacement age, though no specific condition issues are noted. The property sits within a strata or villa complex, which means shared costs and by-laws apply, and these can vary significantly in quality and financial health. A buyer should confirm the strata fees and any sinking fund status before committing, as these can materially affect holding costs and resale appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 39/11 Elvire Street, Viveash WA 6056
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Renowned for its excellent connectivity and vibrant lifestyle, Viveash delivers a premium residential experience that fiercely attracts established professionals and affluent upgraders. Properties here have seen robust, sustained price compounding recently, functioning as a highly resilient market perfectly suited for buyers seeking a forever home or a blue-chip investment. While it offers an elite everyday lifestyle, buyers should watch out for premium entry price points and closely assess the strata limits on older apartment complexes.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
366m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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