45 Deverall Square, Hillarys WA 6025
45 Deverall Square, Hillarys WA 6025
4×2 family house | 460 sqm lot | built 1996 | Duncraig catchment | owner-occupied pocket
A strong position is held by this four-bedroom house for established families seeking a practical, low-maintenance home in a heavily owner-occupied coastal suburb. The configuration is supported by three separate living areas, which is a genuine advantage for households wanting distinct zones. The single-ensuite layout is typical of the era, and the 460 sqm lot is seen as manageable without the upkeep of a larger block. Built in 1996, the house is placed within the Duncraig Senior High School catchment, and the immediate pocket is known for quiet streets and strong local demand. This property is considered a solid entry point into a high-value suburb, appealing most to buyers who prioritise school proximity, established character, and a functional floor plan.
The value of this property may be influenced by the condition of its 1996 finishes, as no evidence is provided of significant renovation or extension. The internal area is reported with conflicting figures, which might create uncertainty around usable space and should be confirmed through inspection. The lack of premium land features such as waterfront frontage, a larger block, or a view corridor may place a ceiling on future price growth relative to the suburb’s top-tier properties. Presentation and any recent updates are expected to be the key price determinants, and a buyer’s appetite for a project or renovation will shape their final assessment.
Detailed Independent Property Report prepared by PropCred Analyst team for 45 Deverall Square, Hillarys WA 6025
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Market Insight
Hillarys, in northern Perth, is a premium coastal family market anchored by the Mitchell Freeway and Hillarys Boat Harbour. Demand is driven by professional households attracted to the coastal setting, with high owner-occupancy and selling times of 12–15 days. House prices have climbed to a median near $1.48 million, with annual growth of 10.8–15%, while units lag at $750,000–$812,500 and softer growth. Tight supply is evident from 0.43% vacancy and modest sales volumes of roughly 162–179 a year, sustaining rental pressure: houses average $925 weekly and units $750. Future growth is tied to coastal amenity and freeway access, but affordability is a constraint: high entry prices and large mortgage repayments leave owners rate-sensitive, and 20% year-on-year variation in stock levels adds supply-side uncertainty.
PropCred Estimated Value
Comparable Sales: 5/19 St Marks Drive (unit) sold May 2025 estimated $1.15M–$1.25M | Property Price Band: $1.5M–$1.6M | Value Drivers: 1996 condition, 460 sqm lot, three living areas
Bedrooms
4
Bathroom
2
Parking
2
Land
460m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst