45A Mayflower Cres, Craigie WA 6025
45A Mayflower Cres, Craigie WA 6025
3-bed in Craigie | 217m² lot | Near primary school | Listed 1 day | Last sold 2022
This house presents a compact, low-maintenance offering in a established northern suburb, positioned within walking distance to a primary school. Its three-bedroom, two-bathroom configuration is competitively modern for the area and appeals directly to small families or downsizers seeking a turnkey solution without extensive grounds. The immediate listing interest suggests recognized value at its entry point.
Your decision hinges on the substantial valuation shift since 2022, demanding scrutiny of recent comparable sales to justify the premium. The smaller lot size imposes a hard ceiling on future extension value compared to larger neighboring blocks. Proceed only with a disciplined price ceiling based on verified post-2022 sales of similar houses; this property suits a long-term holder prioritizing location over land appreciation.
Independent, Unbiased Research Report for this property by PropCred Analyst team
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Market Insight:
Craigie is a tightly held northern Perth suburb experiencing robust demand, evidenced by rapid sales and strong price appreciation across both houses and units. This growth is driven by active investor interest, supported by solid rental yields and consistent rental prices. The market demonstrates a clear preference for houses, with high sales volume and very low days on market indicating competitive conditions. Future performance will hinge on the continuation of this sales momentum and broader economic factors influencing buyer affordability.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
217m²
Assessments Delivered Today
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