5 Claverton Street, North Perth WA 6006
5 Claverton Street, North Perth WA 6006
Architect-designed modern home | Heritage overlay area | Small high-coverage lot | Near top government schools
This house stands apart in North Perth as a rare, architect-designed modern residence within a heritage streetscape, offering a distinct aesthetic and quality finish uncommon for the 2008 build period. Its efficient, high-coverage design on a 190m² lot delivers a low-maintenance, two-storey format with dual parking, best serving a professional or small family seeking a turnkey property in the catchment of North Perth Primary and Mount Lawley Senior High School. The combination of architectural pedigree and school proximity creates a durable demand profile.
The primary risk is the price premium commanded for its unique design, which may not appeal to all buyers and could limit resale liquidity compared to conventional stock. The high building coverage reduces outdoor space, a trade-off for its internal volume. Consider this property a long-term hold to amortize its premium, leveraging its rental appeal and school catchments. For a precise valuation against recent comparable sales and to assess locality-specific risks like heritage controls, a PropCred report provides the necessary due diligence.
Recent sales context shows this property sold for $1,335,000 in September 2022 as a two-bedroom home. It is now listed from $1,950,000, marketed as three bedrooms. This significant price increase in under two years underscores a strong market movement and the vendor’s confidence in its renovated or re-configured value, setting a challenging benchmark for your purchase negotiation.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Claverton Street, North Perth WA 6006
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
!
1
Execution Risk
!
1
Insight: North Perth WA 6006
North Perth is a tightly held inner-city suburb benefiting from strong transport links and proximity to the CBD. Demand is driven by first-home buyers, interstate migrants, and investors, all attracted by the chronic undersupply of housing and low vacancy rates. This imbalance has fuelled robust price growth and rapid sales. Future performance hinges on sustained population pressure and employment hubs, though affordability constraints and the persistent housing shortage present ongoing market risks.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
190m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst