40 Mayor Street, Harrisdale WA 6112
40 Mayor Street, Harrisdale WA 6112
Modern 3×2 or 4×2 detached house | Compact lot around 260–360 m² | Built circa 2014 estate era | Strong family and investor demand near schools.
This property sits comfortably within Harrisdale’s mainstream modern estate product, which is its quiet strength. The house is likely to offer open-plan living, stone benchtops, ducted air-conditioning, and a low-maintenance alfresco yard—finishes that match what local families expect and are willing to pay for. Its compact land size keeps upkeep minimal, while the double garage and single-level layout broaden appeal to downsizers and young families alike. The location within walking distance of Harrisdale Primary and Senior High School is a genuine advantage, not just a convenience; it anchors demand from owner-occupiers who prioritise school access, and that same profile supports steady rental interest if the buyer ever chooses to lease it out. For a family wanting a modern, secure, lock-and-leave house in a proven suburban pocket, this is a sensible fit.
The value picture may hinge on how the specific lot compares to neighbours on the street. Some blocks run larger, around 428 m², while others sit tighter near 218 m², so the exact land dimension could shift the price meaningfully. A bushfire overlay has appeared on nearby profiles, which may or may not apply here and could affect insurance costs. The house’s condition and any upgrades beyond the standard estate package, such as solar panels or higher-end landscaping, might also justify a premium. These factors are worth weighing when forming a view on price, but none suggest a fundamental weakness.
|| Comparable Sales: 35 Mayor Street sold around $850k; 33 Mayor Street listed near $949k | Property Price Band: $850k–$950k | Value Drivers: land size, school catchment, modern condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 40 Mayor Street, Harrisdale WA 6112
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Harrisdale, in Perth’s south-east, is positioned as a family-focused growth corridor. Demand is driven by couples with children, who make up 66% of households, and a high 67% purchaser share. House values have risen sharply, with median prices reported between $850,000 and $985,400 and annual growth ranging from 12.6% to 18.6% across data providers. Market conditions are competitive: houses sell in a median of 12 days, and rental demand is firm at $750–$760 weekly with gross yields around 4.6%. Forward supply is anchored by the Harrisdale Green joint venture between the WA government and Cedar Woods, adding up to 500 homes, and population is projected to climb from 9,076 in 2016 to over 10,000 by 2031. These fundamentals underpin a tight market with sustained buyer interest.
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PropCred Estimated Value
Comparable Sales: 35 Mayor Street sold around $850k; 33 Mayor Street listed near $949k | Property Price Band: $850k–$950k | Value Drivers: land size, school catchment, modern condition and presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
388m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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