40A Gregory Street, Belmont WA 6104
40A Gregory Street, Belmont WA 6104
40A Gregory | 2-bed infill on 395sqm | Belmont rising market | end-date sale with limited comparables
The case for buying 40A Gregory Street rests on its position as a compact, entry-level house in a suburb where demand is concentrated among younger buyers and downsizers. The 395sqm lot offers more land than a typical unit or villa, giving a buyer optionality for future extension or holding for land appreciation. Belmay Primary and Belmont City College within walking distance strengthen its appeal for first-home buyers, while the absence of bushfire, flood, or heritage overlays simplifies due diligence. The property is best suited to someone seeking a low-maintenance home in a connected suburb with reliable NBN and 5G coverage, rather than a renovator or investor chasing rental yield.
The main risk is the lack of photos, floor plans, and any sales or rental history for 40A specifically, which forces a buyer to rely on the adjacent 40 Gregory Street as a proxy โ a larger, older house with 89% site coverage and different configuration. The end-date sale structure, with offers closing May 6, 2026, creates a fixed timeline that may compress a buyerโs ability to inspect and negotiate, especially if the property sells prior. An opportunity exists in the Belmont marketโs 13-day median days on market and 186 sales in the last 12 months, indicating turnover but not frenzy. For a buyer, this property is best held as a long-term residence or land bank in a growth corridor, not a short-term flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Belmontโs proximity to Perth underpins its appeal, with strong transport links reflected in a remarkably fast-moving property market. Demand is driven by a growing, young professional demographic, supporting robust recent capital growth. This sustained population increase and high buyer activity signal ongoing interest, though current price levels relative to incomes and broader interest rate sensitivity present affordability considerations for future momentum.