59 Warragoon Cres, Attadale WA 6156
59 Warragoon Cres, Attadale WA 6156
River-edge street | Likely 1970s house on substantial block | Land-dominant value | Renovation/rebuild potential | Tightly held suburb
The property is situated on a river-adjacent street in a tightly held suburb, where rare lifestyle proximity and land scarcity are offered. A likely mid-1970s house is found on a substantial block, which may be suited to renovation or rebuild. The property’s strength is derived from land and location, not the current finish. An owner-occupier seeking a long-term family home, or a downsizer wanting river access without strata living, is served best. Low turnover on this street is experienced, which preserves value and limits comparison pressure.
Price may be significantly affected by condition and layout. Broad appeal might be limited by a dated interior, while a premium could be supported by a compliant plan. Redevelopment potential may be shaped by flood-related controls, possibly restricting building envelope or requiring assessment. Modernisation cost should be weighed against land value, and presentation’s effect on bidding should be considered.
Detailed Independent Property Report prepared by PropCred Analyst team for 59 Warragoon Cres, Attadale WA 6156
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Attadale remains a premium suburb, with median house prices around $1.9 million and annual growth between 5.6% and 23.1% depending on the data window. Demand is driven by affluent professional households, particularly couples with children, many of whom own outright, supported by strong transport links along Canning Highway, Stock Road, and Preston Point Road. Houses sell in 10–13 days on average, reflecting tight competition for limited stock, with roughly 80–109 sales per year. Rental yields are modest for houses at 3.2%, while units return 4.4%; the median unit price is $527,000. Future growth relies on sustained demand from high-income buyers and the suburb’s accessibility. The key constraint is affordability, with entry prices above $1.8 million and a narrow sales base that amplifies sensitivity to interest-rate shifts and buyer sentiment.
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PropCred Estimated Value
Comparable Sales: 67 Warragoon Crescent, a 1976 3×2 house on 420m², sold at $1.76M | Property Price Band: $1.7M to $1.8M | Value Drivers: Land size and depth, existing condition or renovation potential, river proximity and street appeal
Bedrooms
4
Bathroom
2
Parking
2
Land
765m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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