3A Wright Cres Bayswater WA 6053

3A Wright Cres Bayswater WA 6053
Modern villa | parkside setting | 2011 built | ducted systems | flood overlay This property presents a competitively strong offering as a low-maintenance, single-level villa in a peaceful Bayswater pocket, directly adjacent to parkland. Its 2011 construction ensures modern building standards and contemporary finishes like ducted heating and cooling, which are premium inclusions for this format. The configuration is rare for the area, which is predominantly detached houses, serving buyers seeking a newer, lock-and-leave home within established school catchments, without the upkeep of a larger block. The primary decision mechanism is the flood overlay, which imposes potential insurance premiums and resale friction, offsetting the benefits of the parkside location. The lot size is a modest 348 square metres, typical for strata villas, which caps land value appreciation relative to free-standing houses. For a buyer, this property is best held as a long-term primary residence to leverage its livability, not as a short-term land banking play. A Propcred report would specifically quantify the flood risk cost, validate the strata health, and provide a reality-check on its valuation against true comparable sales. Nearby sales context: Wright Crescent recently recorded a sale at $725,000. This transaction, however, is not a direct comparison as it likely represents an older, different property type. For this modern villa, it underscores that buyer demand exists in the street, but the subject property’s newer build and condition command a premium, which must be rigorously tested against recent villa sales in the broader suburb.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Bayswater is a well-connected inner-city suburb attracting a diverse demographic of young professionals, families, and downsizers, driving strong demand. This has fueled exceptionally high price growth across both houses and units, with a notably rapid sales pace indicating a highly competitive market. Future prospects are underpinned by its established transport links and amenity, though sustained affordability may emerge as a key constraint given the current growth trajectory.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

348mΒ²

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