40 Fringed Way, Piara Waters WA 6112

40 Fringed Way, Piara Waters WA 6112
Modern 3-bed house | quiet family street | low-maintenance block | practical flowing layout This property presents a competitively strong offering for a buyer seeking a modern, low-maintenance home in a quiet, established setting. Its well-built design and generous proportions on a manageable lot create immediate utility for a young family or professional, positioning it as a practical entry into the suburb without the burden of extensive upkeep. The street’s character reinforces its stability and appeal. The primary risk is the lack of detailed data on building age, orientation, and specific finishes, which necessitates a thorough building inspection to uncover potential capital requirements. The opportunity lies in acquiring a turnkey property in a settled location, likely below the estimated value of the larger adjacent lot. Proceed with due diligence, but this house is positioned for secure owner-occupation with steady medium-term growth. * 41 Fringed Way: 312m² lot, estimated value $904,000. * 40 Fringed Way: 287m² lot, listed offers over $849,000. The direct comparison suggests this listing is priced appropriately relative to its slightly smaller land holding, indicating the quoted range is commercially sensible within the immediate streetscape.
Detailed Independent Property Report prepared  by PropCred Analyst team for 40 Fringed Way, Piara Waters WA 6112
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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

287m²

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