4 Clevedon Way, Karrinyup WA 6018
4 Clevedon Way, Karrinyup WA 6018
1972-built family house | 728m² land with 43% coverage | 4 beds, 1 bath, 315m² internal | Karrinyup Primary 0.4km | No overlays
This property presents a strong, low-risk proposition for a family seeking space and location over contemporary finishes. Its large 728m² block with modest building footprint offers significant redevelopment potential or garden space, a rarity in this suburb. The prime catchment for Karrinyup Primary School, combined with no bushfire or flood overlays, creates a secure, family-centric holding. It is best suited to an owner-occupier prepared to update the single-bathroom layout or an investor targeting long-term land value appreciation.
The primary cost is functional obsolescence: a four-bedroom, one-bathroom configuration is substandard for modern family living and will constrain both rental appeal and resale value until remedied. The estimated valuation appears supported by the immediate neighbourhood, but the absence of recent sales data requires rigorous due diligence. Proceed with a renovation budget in mind, as this property’s value will be unlocked through capital improvement. Our advisory report will pressure-test the valuation against true comparable sales and detail locality-specific risks for development or insurance.
A direct comparable at 7 Clevedon Way, off-market at $1,874,000, suggests the subject property’s estimated value of $1,859,000 is credible and positioned within the established street band. The street’s $1.71m median indicates this listing sits at the premium end, likely reflecting its larger land component.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Clevedon Way, Karrinyup WA 6018
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Karrinyup is positioned as a well-established coastal suburb, attracting a professional demographic and families. Demand is driven by buyers and tenants seeking modern homes, supported by ongoing infrastructure upgrades and proximity to key amenities. The housing market demonstrates robust growth, while the unit segment has experienced recent price adjustments. Future growth is anchored to its coastal appeal and consistent infrastructure investment, though affordability constraints may emerge as a key consideration.
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PropCred Estimated Value
Bedrooms
-
Bathroom
-
Parking
-
Land
728m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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