40 Chaffers Street, Morley WA 6062

40 Chaffers Street, Morley WA 6062
3 bedrooms, 1 bathroom, 2 parking spaces. Single-storey house on 378 square metres of land. Built in 1972 with an internal floor area of 132 square metres. Described as updated and move-in ready with a functional floorplan and an easy-care outdoor entertaining area. This property represents an older, entry-level to mid-range home in Morley, positioned as a more accessible option compared to the newer, larger stock in the suburb. Its primary strength is its move-in ready condition, which removes the immediate need for renovation and appeals directly to first home buyers, young families, and downsizers seeking convenience. The functional floorplan and dedicated outdoor entertaining area are practical advantages for this buyer profile. The property’s age and single bathroom are its most material constraints, as newer homes in Morley typically offer two bathrooms and a larger internal area. A buyer should weigh the value of the updated interior against the potential need for future updates typical of a 1970s build. The single bathroom may limit appeal for some families, which could influence final price negotiations.
Detailed Independent Property Report prepared  by PropCred Analyst team for 40 Chaffers Street, Morley WA 6062
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Morley presents as a dynamic, family-oriented suburb with strong market fundamentals. Demand is driven by a mix of established residents and active purchasers, supported by robust sales activity and rapid turnover. Recent price trends show exceptionally strong growth across both houses and units, indicating a highly competitive market. Future growth is underpinned by solid rental yields and established infrastructure links, though affordability pressures and a significant portion of mortgaged owners introduce sensitivity to economic conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

378m²

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