48 Portobello Parade, Wellard WA 6170

48 Portobello Parade, Wellard WA 6170
4-bedroom 2017 build | 147sqm on 344sqm lot | Reverse-cycle air conditioning | Solar panels | 4 car spaces This property presents a strong buying case for a family seeking a modern, low-maintenance house in a well-served corridor. The 2017 build with reverse-cycle air conditioning and solar panels reduces ongoing energy costs, while the 4 car spacesโ€”rare for a 147sqm floorplanโ€”offer practical storage or multi-vehicle advantage. Its location within the intake zone for Wellard Village Primary School and proximity to a private school provides schooling security. The 43% building coverage leaves usable outdoor space, and the fully fenced courtyard with deck suits young children or pets. For a buyer prioritizing efficiency and school access over land size, this house competes well against older stock in the area. The key risk is the lot size at 344sqm, which limits future extension or subdivision potential, and the single living area may feel constrained for larger families. The wide valuation gapโ€”from $640,000 to $889,000โ€”signals market uncertainty; a buyer should anchor offers near the lower end to capture value. The 90% owner-occupied street suggests stable neighborhood quality, but the 8-day listing history implies no immediate premium demand. Rental estimate of $640-$740 per week offers a viable hold strategy if purchase price is disciplined. Use this property as a turnkey family home or a conservative rental investment, but do not overpay for the school zone alone.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Wellard is a high-growth southern corridor suburb attracting young families and first-home buyers with its relative affordability and established commuter rail link. Strong demand from this demographic, alongside investor interest in a tight rental market, has driven robust house price appreciation. Recent sales activity remains brisk, reflecting sustained market momentum. Future growth is underpinned by ongoing population expansion from new estates and proximity to southern employment hubs, though affordability constraints and the potential for increased development supply present moderating influences.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

344mยฒ

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