4 Finnan Street, Cloverdale WA 6105
4 Finnan Street, Cloverdale WA 6105
Large 804m² block | 1959 cottage plus 2015 granny flat | Dual-living flexibility | Established Cloverdale pocket | Strong parking and storage
This property’s competitive edge is its combination of a generous rectangular block and a self-contained granny flat, which is rare in this part of Cloverdale. The main house is a straightforward 1950s cottage with two bedrooms plus a sleepout, while the newer flat offers modern finishes and Fisher & Paykel appliances. That setup suits a buyer wanting multi-generational living or rental income without sacrificing the main dwelling’s comfort. The 804m² land size is above typical infill stock nearby, and the lockable garage plus abundant parking for cars, trailers, or boats adds practical value that many renovated homes in the suburb lack. It serves families, investors, or owner-occupiers who want flexibility and room to move.
The value picture may be shaped by the property’s hybrid nature. The older cottage is modest and may require updating, while the granny flat carries much of the modern appeal. Buyers should weigh whether the main house’s condition supports the asking level or whether renovation costs need factoring in. The large block also hints at future subdivision potential, though no zoning changes are confirmed. Council and water rates are moderate, and the lack of overlay restrictions reduces risk. The property’s appeal is grounded in land size and dual-living capacity, so its price band will likely reflect those drivers more than the cottage’s finish.
|| Comparable Sales: 8 Finnan Street sold around $1.1M; 392 Kew Street traded near $950K | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, granny flat condition, parking and storage capacity
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Finnan Street, Cloverdale WA 6105
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Cloverdale, 10km east of Perth, is a tightly held market with just 113-142 house sales annually. The median house price sits near $800,000, with annual growth of 12-15%; units are at $534,000, growing 16-24%. Demand is driven by relative affordability, proximity to infrastructure links, and rental yields of 4.2% for houses and 6.2% for units. Houses sell in 14 days, and weekly rents are $700 (houses) and $650 (units), reinforcing investor interest. Future growth is supported by tight supply and transport access, while key risks include interest-rate sensitivity and thin sales volumes that amplify price swings.
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PropCred Estimated Value
Comparable Sales: 8 Finnan Street sold around $1.1M; 392 Kew Street traded near $950K | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, granny flat condition, parking and storage capacity
Bedrooms
3
Bathroom
1
Parking
1
Land
793m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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