5 Mirrelia Way, Riverton WA 6148

5 Mirrelia Way, Riverton WA 6148
4 bed on a large 708sqm block | 1977 build with pool | Family-oriented Riverton location | Compact 124sqm floorplan This property delivers a rare combination of generous land size and four-bedroom configuration in Riverton’s established housing stock. The 708sqm lot exceeds typical suburban offerings, while the 1977 build sits within the area’s older, more spacious housing era. The presence of a swimming pool adds lifestyle appeal that distinguishes it from standard family homes. This house is best suited to buyers seeking a substantial block in a low-density residential setting, particularly families who value proximity to Lynwood Senior High School, shopping centres, and transport corridors. The four-bedroom, two-bathroom layout meets the needs of growing households, though the 124sqm internal footprint suggests the dwelling itself is compact relative to the land size. The bushfire and flood planning overlays identified on this property may influence development potential or insurance costs, which should be considered when assessing long-term value. The older building era implies variable renovation quality, so the condition of key systems like roofing, plumbing, and electrical work could affect immediate maintenance requirements. The compact internal area on a large block may present an opportunity for future extensions, subject to council approval under the R17.5 zoning. Rental demand appears solid given the family-oriented suburb and amenity access, though yield estimates vary significantly between sources.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 Mirrelia Way, Riverton WA 6148
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Market Insight:

Riverton is a high-demand suburb with a vibrant market, driven by strong buyer interest from established households. Recent price growth has been robust, supported by a fast-moving market where houses sell quickly. Future growth is underpinned by sustained demand, though affordability constraints may emerge as a key risk given the current price momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

708mยฒ

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