45 Jones Street, Collie WA 6225

45 Jones Street, Collie WA 6225
Large 1,012m² lot | 3-bed 1-bath house | Older stock with yard space | Family suburb | Upgrade potential A 3-bedroom, 1-bathroom configuration is presented on a substantial 1,012m² block. Its large land size is seen as a notable strength, with space for outdoor activities or future improvements. The house is understood to be older stock, which may attract buyers interested in renovation. Within the local area, this property is best suited to owner-occupiers seeking a modest home with generous yard space, or tradespeople requiring room for vehicles and equipment. The single parking space is considered modest, though additional parking or a workshop could be accommodated on the block, subject to council approval. Overall, the property is characterized by its land size rather than its built features, making it a practical choice for family-oriented buyers. The value may be influenced by the condition and age of the interior, as maintenance is often required for older construction. A lack of modern finishes might be observed by buyers seeking move-in-ready properties. The large block may be seen as having potential for subdivision or additional structures, though zoning confirmation is needed. Market patterns indicate that upgraded homes are typically valued higher, so the current presentation of the house might be considered a key factor in determining its final price. >> Comparable Sales: 1 Jones Street sold for $399,000 in 2022 | Property Price Band: $500K-$600K | Value Drivers: land size, condition, layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 45 Jones Street, Collie WA 6225
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Collie WA 6225 is a tight regional market where houses trade between $435,000 and $490,000 depending on data source, with annual growth spanning 7.8% to 32.8% – a spread that underscores volatility. Units median $277,500 and grew 29.1% annually. Houses sell in 14 to 25 days, vacancy sits below 3%, and gross house yields reach 6.49%. Demand is led by families and young professionals drawn to affordable entry pricing and a community-oriented lifestyle; 46% of owners carry mortgages, indicating moderate financial leverage. Infrastructure upgrades, including road improvements and community facilities, are underway and should reinforce long-term appeal. Schooling is served by a government high school, though primary options are limited. Key constraints are a thinner amenity base relative to metropolitan areas, regional economic cyclicality, and supply pressures in quality rentals, with annual house sales volumes between 162 and 192.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

1012m²

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