50 Fagin Way, Forrestfield WA 6058

50 Fagin Way, Forrestfield WA 6058
Owner-occupied street | 700mยฒ block with pool and shed | 88mยฒ floorplan | quiet Falls proximity The property sits on a large 700mยฒ lot in a street where 90% of neighbours are owners, which typically signals stable tenure and limited turnover pressure. The combination of a near-new insulated shed with 7kW air conditioning, inground pool, and established fruit trees gives this house a rare recreational and storage edge for families or hobbyists. The 88mยฒ internal area is modest, but the freshly renovated bathroom and separate toilet, plus ducted evaporative cooling and fireplace, reduce immediate capital outlay. This house suits a buyer who values outdoor amenity and low ongoing maintenance over internal square footage. The main risk is the 88mยฒ floorplan, which may limit appeal to buyers seeking larger living zones, potentially capping future resale velocity. The property is listed by a private seller, which can mean less negotiation flexibility and no agent-led buyer management. However, the quiet location near Lesmurdie Falls and within walking distance to schools and shops supports steady demand from owner-occupiers. The pool and shed add utility but also ongoing upkeep costs. Hold this property as a family home or long-term rental, where the block size and street character will outperform the modest internal footprint.

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

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Market Insight:

Forrestfield is a well-connected eastern suburb with a solid, trade-oriented demographic driving strong owner-occupier demand. This is reflected in a robust and fast-moving detached housing market, evidenced by rapid sales and significant annual price growth. Future prospects are supported by consistent buyer activity and infrastructure links, though affordability pressures and a notably weaker unit market present clear constraints on broader growth.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

700mยฒ

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