55 Portmarnock Circuit, Connolly WA 6027
55 Portmarnock Circuit, Connolly WA 6027
4 bed | 808 m² | single story 1988 build | Connolly family corridor | large lot advantage
This property offers a competitive edge through its generous 808 m² lot within a suburb where most homes sit on smaller parcels. The four-bedroom, two-bathroom single-story configuration from 1988 is standard for Connolly, but the land size is a meaningful differentiator, providing room for future extension, a substantial garden, or potential redevelopment. It sits in a family-oriented, low-density neighbourhood with established school catchments. This house is best suited to buyers seeking a solid family home on a larger block without paying a premium for ocean views or a newer build. The quiet street and absence of environmental overlays add to its straightforward appeal.
The age of the build may introduce maintenance considerations such as roof, plumbing, or electrical updates that a buyer should factor into their offer. No interior finish details are publicly available, so the condition of kitchens, bathrooms, and flooring could materially affect the property’s value. The lack of an ocean view or direct proximity to Joondalup CBD might limit price growth compared to more centrally located homes. A buyer should weigh the land value against the cost of any necessary upgrades when forming their price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 55 Portmarnock Circuit, Connolly WA 6027
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Insight: Connolly WA 6027
Connolly presents as a stable, established suburb with a professional demographic, where demand is supported by limited housing supply. This scarcity, coupled with strong rental demand, has driven significant recent capital appreciation. The market is characterised by rapid sales, indicating sustained buyer interest. Future growth is likely tied to this ongoing supply-demand dynamic, though high entry prices present an affordability constraint for some buyers.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
808m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst