43 Parnell Avenue, Marmion WA 6020

43 Parnell Avenue, Marmion WA 6020
3 bed | 1 bath | 1 car | 720m² elevated block | renovated | family oriented | established coastal suburb This is a detached house on a genuinely large elevated block in a coastal suburb where infill is shrinking lot sizes. The renovation is contemporary and move-in ready which removes the need for immediate work and that is a strong advantage for buyers who want land value without the hassle of a project. The configuration is straightforward and practical for a family or downsizer who values single-level living and outdoor space. The elevated site is a tangible benefit in this area as it improves light, airflow and drainage while also giving a sense of privacy that flat blocks often lack. This property sits squarely in the owner-occupier market and its strongest appeal is to buyers who want a solid established home on land that is becoming harder to find in this part of the coast. The land size and elevated position may support a premium over typical renovated houses on smaller or flatter sites but the single bathroom is a real constraint for families who need more than one. The renovation quality is described as contemporary but without a full finish schedule a buyer should verify the age and condition of key items like the kitchen appliances, bathroom waterproofing and window treatments. The lack of a second bathroom or additional parking may limit the pool of buyers and that could affect how quickly the property sells or how firm the price holds in negotiation. A buyer should weigh the land strength against the functional limitations and decide which matters more for their own use.
Detailed Independent Property Report prepared  by PropCred Analyst team for 43 Parnell Avenue, Marmion WA 6020
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk
Income Risk 2
Execution Risk ! 1
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Market Insight

Renowned for its excellent connectivity and vibrant lifestyle, Marmion delivers a premium residential experience that fiercely attracts established professionals and affluent upgraders. Properties here have seen robust, sustained price compounding recently, functioning as a highly resilient market perfectly suited for buyers seeking a forever home or a blue-chip investment. While it offers an elite everyday lifestyle, buyers should watch out for premium entry price points and closely assess the strata limits on older apartment complexes.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

720m²

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