4 Harvey Road, Shenton Park WA 6008

4 Harvey Road, Shenton Park WA 6008
Corner block with heritage overlay | 1932 architect design carries renewal risk | 499mยฒ footprint with 741mยฒ land | high building coverage limits future development The decision balances a rare Richard Longley home on a park-side corner block against the known constraint of substantial building coverage at sixty-seven percent and a heritage overlay that will govern any alterations. Prospective owners should anticipate higher renovation costs due to the period fabric and limited ability to expand the floorplate, meaning the value case rests on accepting the current layout or investing carefully in restoration rather than expecting to add square metres. This property holds well for a buyer who intends to live in and refine the existing house rather than develop the land. What is competitively strong here is the combination of a north-facing yard opposite parkland with city views from the master balcony, plus the self-contained studio that provides flexibility for guests or rental offset. The six bedroom five bathroom configuration on a four hundred and ninety-nine square metre building area is uncommon in Shenton Park and serves a multigenerational family or professional household that values separation of living zones and a home office wing. For a buyer seeking a character home within Rosalie Primary and Shenton College catchment, this property justifies a premium over standard stock. A full comparable sales review would clarify whether the current listing premium reflects the Longley provenance or exceeds what recent transactions support for similar sized character homes in the Subiaco council area. Contact our desk to receive a tailored market analysis that tests the price against the heritage risk and confirms the appropriate holding strategy for your position.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Shenton Park is an established inner-west suburb characterised by premium housing stock and high-quality school catchments, underpinning its desirability. Demand is driven by owner-occupiers seeking amenity and long-term capital growth, with a significant rental population creating investor interest. The market demonstrates strong recent price momentum for houses, with exceptionally tight vacancy rates and low sales volumes indicating intense competition for limited stock. Future growth is supported by constrained new supply and sustained demand, though high entry prices and acute scarcity of available properties present significant affordability and accessibility constraints.
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PropCred Estimated Value

Bedrooms

5

Bathroom

5

Parking

3

Land

749mยฒ

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