47A Wesley Street, Balcatta WA 6021

47A Wesley Street, Balcatta WA 6021
3 bed 2 bath villa | 255sqm land | Balcatta Primary & High School | 80% owner-occupier street | compact modern layout This property presents a solid entry point into Balcatta’s active market, where median prices have risen substantially since the 2016 sale. The 3×2 configuration with two car spaces is unusually efficient for the suburb, making it particularly suited to young families or downsizers seeking low-maintenance living within established school catchments. The 80% owner-occupier rate on Wesley Street signals strong neighbourhood stability and limits rental turnover noise, which typically supports capital preservation. Its classification as a villa or townhouse may also appeal to buyers prioritising strata-style convenience without sacrificing standalone feel. The building area discrepancy between 113 and 125 square metres warrants verification during due diligence, as it could affect lender valuations or perceived liveability. However, this is not uncommon for strata properties and may present a negotiation lever if unresolved. The property’s compact footprint on 255sqm limits future extension potential, but that constraint aligns with its target buyer profile. Given the suburb’s 110 sales this year, liquidity is healthy, and the lack of recent comparable sales data on Wesley Street suggests limited direct competition for this price point.
Detailed Independent Property Report prepared  by PropCred Analyst team for 47A Wesley Street, Balcatta WA 6021
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Balcatta is an established suburb experiencing a rapid transformation, with exceptionally strong demand compressing sales timelines and driving robust price appreciation across both houses and units. This momentum is underpinned by high sales volumes and a critically low vacancy rate, indicating a sustained supply-demand imbalance. Future growth appears linked to its ongoing evolution from its traditional character, though the market’s current velocity and constrained stock levels present a key consideration for entry.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

856m²

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