4 Novelli Parade, Piara Waters WA 6112
4 Novelli Parade, Piara Waters WA 6112
3×2 house on 450mยฒ lot | family oriented Piara Waters | generous land size for suburb | modern finishes likely | good school access
This property offers a competitive combination of three bedrooms and two bathrooms on a 450 square metre lot, which is considered generous for this part of Piara Waters. The house is best suited to families or downsizers who want a detached home with outdoor space rather than a townhouse or apartment. Modern finishes like stone benchtops and ducted air conditioning are common in the area, so the property likely aligns with what buyers in this suburb expect. Its position near schools and local shopping strengthens its appeal to owner occupiers.
The land size may support a price premium over smaller lots in the neighbourhood, but the absence of confirmed build year or internal specification means the condition and finish level will matter when forming a view on value. Proximity to main roads like Armadale Road offers convenience but could introduce traffic noise depending on exact position. Rental demand is likely steady for this configuration, though no yield data is available to confirm returns.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4 Novelli Parade, Piara Waters WA 6112
Market Insight:
Piara Waters is a high-demand suburb characterised by rapid turnover and strong price appreciation, driven by its appeal to affluent families. This demand is supported by robust sales activity and a consistently tight supply of listings. While the market demonstrates significant momentum, its high price point relative to local rents presents an affordability consideration for future growth.