41B Lewis Road, Martin WA 6110
41B Lewis Road, Martin WA 6110
41B Lewis Road is a 3-bedroom, 1-bathroom duplex on a 721m² standalone title. Built in 1977 with a major renovation completed in 2017, it offers ground-floor living with one parking space. The property sits on a quiet residential street in Martin.
What makes this property competitively strong is the standalone title on a 721m² block, which is rare for a duplex configuration. Most side-sitting dwellings share a lot, so this gives the buyer full ownership of the land without strata fees or shared responsibility. The 2017 renovation suggests the interior is well-presented with a modern kitchen and family area, making it move-in ready. This property sits in a low-density suburb where most homes occupy much larger lots, so the smaller land size means a lower entry price point for the area. It serves first-home buyers seeking a detached house feel without the premium of a full standalone home, and investors looking for a solid rental yield on a titled property.
Several factors might affect the property’s value and should be weighed carefully. The conflicting sale history from 2017—one record shows $285,000 and another $500,000—creates uncertainty about the true market position and whether the renovation added significant value. The single bathroom and one parking space may limit appeal for families or tenants who prefer more amenities. The 1977 build year, even with updates, might bring maintenance considerations for older infrastructure like plumbing or electrical systems. Buyers should also consider how the duplex’s smaller land size compares to larger neighboring lots, as this may influence resale demand and price growth over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 41B Lewis Road, Martin WA 6110
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Martin is a rural-residential suburb offering a lifestyle proposition within a reasonable commute to Perth. Demand is driven by established households seeking space, supported by strong recent price growth and a notably tight sales market with very low listing volumes. Future growth is linked to its established character and relative affordability, though the extremely limited property turnover presents a significant supply constraint for both buyers and investors.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
3795m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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