53 Belpaire Road, Midvale WA 6056
53 Belpaire Road, Midvale WA 6056
Modern 3×2 family home | Bushfire & flood overlays | Listed “AS IS” | 5G coverage | Near schools & park
This property presents a competitively configured family home in an established suburb, offering a modern three-bedroom, two-bathroom layout with solar panels and expansive outdoor livingΒfeatures that directly serve families seeking space and work-from-home flexibility. Its position within the Swan View Senior High School catchment and proximity to green spaces strengthen its appeal to its core buyer profile, positioning it as a functional, updated dwelling in a location with demonstrated rental demand.
The decision hinges on navigating specific risk mechanisms. The bushfire and flood overlays impose potential insurance premiums and future compliance costs, while the “AS IS” sale condition transfers all defect liability to the buyer, necessitating a stringent pre-purchase building inspection after the 8th of April. The current asking price sits significantly above the suburb’s recent median sales, demanding justification through its modern condition. Proceed only with thorough due diligence, targeting a purchase price that materially discounts for the overlays and condition, making it a viable long-term hold for an owner-occupier or a rental.
Recent suburb sales indicate a median around $663,750. This property’s listed price of $925,000 commands a substantial premium, which must be justified by its superior size, modern build, and specific features compared to typical area stock.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Midvale is a tightly held, family-oriented suburb experiencing exceptional capital growth, driven by strong owner-occupier demand for established houses. The market is characterised by rapid sales and critically low rental vacancy, reflecting intense competition for limited stock. Future growth is underpinned by this persistent supply-demand imbalance, though affordability pressures and interest rate sensitivity present notable constraints for both new entrants and the majority of mortgaged owners.