4/10 Parnell Avenue, Marmion WA 6020
4/10 Parnell Avenue, Marmion WA 6020
2×1 villa | low-density coastal suburb | downsizer or investor appeal | 2019 sale at $480k | quiet residential pocket
This villa competes well for buyers seeking a compact, single-level home in a coastal suburb where detached houses dominate the higher price bands. Its configuration as a two-bedroom, one-bathroom villa places it firmly in the low-maintenance, low-density segment, which suits downsizers looking to trade space for convenience and investors targeting smaller households. The property sits on residential land in Marmion, a suburb known for its quiet coastal character, and the 2019 sale price of $480,000 provides a credible historical benchmark. The strongest competitive edge is the scarcity of this stock type in a suburb where most offerings are larger family homes, making this villa a rare entry point for buyers who value location over square footage.
The property’s value may be influenced by its older villa construction, which typically commands a discount compared to newer units or renovated houses in the same suburb. The absence of disclosed internal finishes or building age means a buyer should budget for potential updates, particularly in kitchens and bathrooms, which could affect resale appeal. The single-bathroom layout may limit demand from families or sharers, narrowing the buyer pool to couples or singles. Proximity to local amenities and school catchments, while not detailed here, could strengthen or weaken the price depending on actual walking distance and catchment quality. A buyer should weigh the 2019 sale against current market conditions and factor in the cost of any deferred maintenance when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/10 Parnell Avenue, Marmion WA 6020
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Renowned for its excellent connectivity and vibrant lifestyle, Marmion 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
2
Bathroom
1
Parking
2
Land
110m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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