4/22 Hookwood Road, Morley WA 6062
4/22 Hookwood Road, Morley WA 6062
3-bed townhouse | park-frontage setting | compact 88m² footprint | strata living near retail and schools | strong entry-level appeal
This townhouse holds a genuine competitive edge through its location directly opposite Abinger Reserve, giving it an open outlook and immediate park access that many attached homes in Morley lack. The compact 88m² layout works well for first-home buyers, downsizers, or small families seeking lower-maintenance living without sacrificing proximity to daily amenities. With Coventry Village, Galleria, and Noranda shopping within easy reach, and multiple primary and secondary schools nearby, the property serves buyers prioritising convenience and walkability over land size. Its three-bedroom configuration aligns with Morley’s typical household demand, making it a practical fit for owner-occupiers and entry-level investors alike.
Value may be shaped by the townhouse’s attached form, which typically commands a price discount compared to detached houses in the suburb. The absence of a stated build year and land size could prompt buyers to factor in age-related maintenance or body corporate conditions when forming their view. The separate toilet and study add functional appeal, but the single bathroom and carport may limit appeal for larger families. The strata fees and council rates should be weighed against the convenience and reduced upkeep this property offers.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/22 Hookwood Road, Morley WA 6062
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Morley, in Perth’s north-east, is a well-connected market with active demand. A significant share of residents are buyers, and a notable cohort is aged over 55. House prices have climbed 10.9–18.8% annually to a median of $845,000–$882,000; units rose 17.5–23.4% to $608,000–$617,000. Houses sell in 11 days on average, with 412 sales indicating tight conditions. Quick turnover and double-digit unit growth point to sustained interest, though affordability is constrained by incomes below the Greater Perth average and just 22 properties listed for sale last month. Rate rises are a significant risk, with a high rate of mortgage ownership.
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PropCred Estimated Value
Comparable Sales: 5/22 Hookwood Rd sold $620,000 (2-bed villa) | Property Price Band: $600,000–$700,000 | Value Drivers: reserve frontage, proximity to retail and schools, compact low-maintenance layout
Bedrooms
3
Bathroom
1
Parking
1
Land
3551m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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