39 Allenswood Road, Greenwood WA 6024
39 Allenswood Road, Greenwood WA 6024
Large 688m² block | Three separate living zones | New kitchen cooktop and oven | Guest retreat second bathroom | Established leafy Greenwood
39 Allenswood Road is presented as a three-bedroom family house with two bathrooms and a double garage, set on a generous 688 square metres of land. Three distinct living zones are provided, along with a modernised second bathroom that can be converted into a separate guest or teenage retreat by reinstating French doors. The kitchen is updated with a new oven and cooktop, and the main bedroom is supplemented by added air-conditioning. The leafy, established character of the suburb is reinforced by a bus stop at the front door and the nearby Greenwood Village shopping centre. This house is best suited to families seeking flexible internal spaces and a larger-than-average block in a well-located suburban setting.
The property’s orientation and slope might be expected to influence perceived value, while the substantial land size may be seen as offering subdivision potential, subject to planning approval. The condition of the kitchen and the second bathroom is likely to be considered a key buyer decision factor.
>> Comparable Sales: N/A | Property Price Band: $1.1M–$1.2M | Value Drivers: 688m² lot, three living areas, village proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 39 Allenswood Road, Greenwood WA 6024
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Greenwood is a well-connected northern Perth suburb, close to the Mitchell Freeway, Warwick and Joondalup stations, with planned road upgrades ahead. Demand comes chiefly from families aged 30–39, many with mortgages and middle-income jobs, drawn by strong local employment and high-rated schools including Greenwood Primary, Greenwood College and Carine Senior High. House prices have climbed 8.5–13.4% annually to $880,000–$944,000, with median selling time just 11 days and only four recent listings, underscoring severe supply pressure. Rental growth of 7.1% and infrastructure spending support further gains. The key risks are affordability erosion and interest-rate sensitivity: 56% of owners are mortgaged, and thin inventory could amplify any slowdown.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
688m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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