4 Ashburton Street, Bentley WA 6102

4 Ashburton Street, Bentley WA 6102
Rare 692m² lot | R80 redevelopment | 240m² interiors | Curtin proximity | FTTN limitation A rare large flat block on 692 square metres is presented by this property, with R80 zoning that is considered to support redevelopment potential. A substantial 240 square metres of internal space is offered by the solid brick-and-tile construction from 1959, including two living areas, which is unusual for its age. Rental appeal is strengthened by its proximity to Curtin University and local shopping. This house is best served to an investor or renovator who seeks holding income alongside future development upside, not to a buyer who is looking for a polished prestige home. Modernisation may be required for the 1959 build, and valuation confusion might be caused by the difference in bedroom counts across records. A premium from developers might be commanded by the land itself, though any redevelopment would depend on planning outcome. Steady but modest rental income is provided by the existing configuration relative to the property’s land value, so final pricing may be driven more by development potential than by current house condition. >> Comparable Sales: 1/80 Ashburton St $1.0M; 47A Ashburton St $892k | Property Price Band: $1.0M-$1.1M | Value Drivers: land size, R80 zoning, layout flexibility
Detailed Independent Property Report prepared  by PropCred Analyst team for 4 Ashburton Street, Bentley WA 6102
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Bentley, WA 6102 is a tightly held market where houses and units are both posting double-digit growth. The median house price is $715,000, with annual growth of 12.1%; units sit at $616,250, growing 10.0%. Demand is led by a young adult cohort with strongly rising household incomes, and the rental market supports investor interest: unit yields run at 5.3%, with weekly rents of $700 for two- and three-bedroom units and $800 for four-bedroom units. Market conditions are brisk, with 3-bedroom houses selling in a median 10 days and 4-bedroom houses in 17 days; 101 houses sold in the past year. The rapid absorption pace and firm yields underpin near-term price stability, while the lack of supply-side data leaves future constraints unquantified.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

692m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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