39 Wycombe Road, High Wycombe WA 6057
39 Wycombe Road, High Wycombe WA 6057
Large 829m² block | 1967 house with heritage overlay | R25/40 subdivision potential | modest 3×1 layout | land-led value
A large 829 m² landholding is offered, which is rare in this established suburb. The reported R25/40 zoning is understood to permit potential two-lot subdivision, giving the property a development angle. The modest 1967 house is presented with floorboards, open fireplace, and a workshop, but is dated in layout. It is best suited to buyers who are focused on land value and future options. The heritage overlay is seen as adding character while requiring care.
External changes may be limited by the heritage overlay, and the compact floor plan might be considered small. Subdivision is subject to approvals, so feasibility should be checked. Value is likely to be driven more by land than by the house, which may be treated as a holding. Buyer interest might be influenced by renovation costs versus redevelopment potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 39 Wycombe Road, High Wycombe WA 6057
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
High Wycombe WA 6057 is a tightly held house market: the median sits at $725,000 with annual growth of 14.0–14.4%, though one source places it at $795,000 across 190 sales. Houses are transacting in 8–10 days, signalling strong demand from trade workers on mid-to-high incomes plus investors chasing a 4.4% gross rental yield and weekly rents of $650 for three-bedroom and $750 for four-bedroom homes. Sales volumes vary from 114 to 230 over the past year, so liquidity is solid but source-dependent. The unit market is effectively untestable, with fewer than five sales, leaving houses as the only reliable entry point. Future growth drivers around infrastructure and school catchments are not yet evidenced, and the main risks are affordability pressure and rate sensitivity after such rapid price appreciation.
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PropCred Estimated Value
Comparable Sales: A 3×1 on 720m² sold for $810k; a 4×2 on 850m² sold for $875k | Property Price Band: $800k–$900k | Value Drivers: land size, subdivision potential, heritage overlay
Bedrooms
3
Bathroom
1
Parking
7
Land
829m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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