59 Pineroo Terrace, Ellenbrook WA 6069
59 Pineroo Terrace, Ellenbrook WA 6069
Built 2013 | 172sqm on 510sqm | 4-car capacity | 85% owner-occupier street | Above-median valuation
This house offers a rare configuration advantage in Ellenbrook: four car spaces on a 510sqm lot with a 2013 build that avoids the compromises of older stock or smaller blocks. The 34% building coverage leaves usable outdoor space, while the 85% owner-occupier street signals stable demand and low turnover risk. It serves buyers seeking a long-term family home with strong rental potential at $810pw, particularly those prioritising school catchments and bushfire-safe positioning. The estimated value sits above the median, reflecting the premium for newer construction and generous parking.
The bushfire overlay is a non-trivial risk that may affect insurance costs and future resale speed, though the 48m elevation and 6m roof height reduce exposure. The property’s 2012 land sale history means the current value is almost entirely in the building, limiting land-value upside in a flat market. Buyers should negotiate on days-on-market length and the expression-of-interest process, which signals seller flexibility. Hold this property as a core family residence or a stable rental with 5G connectivity and school proximity supporting long-term demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 59 Pineroo Terrace, Ellenbrook WA 6069
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Ellenbrook is a developing suburb with robust sales activity and properties moving quickly, indicating strong demand. This demand is driven by a high proportion of mortgaged owners, suggesting a market of aspirational buyers. Recent price trends show significant growth in both house and unit values, supported by tight rental conditions with a low vacancy rate and solid yields. Future growth is underpinned by ongoing infrastructure projects, while the market’s sensitivity to interest rates, given the high mortgage ownership, presents a key constraint.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
4
Land
510m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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