6/163 Edinboro Street, Joondanna WA 6060
6/163 Edinboro Street, Joondanna WA 6060
3×1 townhouse | 896m² land share | small complex | no heritage or flood risk | unauthorised alfresco works
This townhouse sits within a small four-property complex on a generous 896m² land parcel, offering a rare configuration in an established inner-northern suburb where owner-occupier demand is strong and median prices sit around $1.1 million. The 1990 build, with three bedrooms and one bathroom, positions it as a practical entry point for buyers seeking a foothold in a tightly held area with reliable NBN and 5G coverage. The primary school catchment adds stability for family buyers, and the absence of bushfire, flood, or heritage overlays reduces compliance uncertainty.
The unauthorised alfresco works recorded with the City of Stirling represent a specific risk that requires due diligence, as retrospective approval or rectification costs could affect timelines and budget. The single bathroom is a functional limitation for families or tenants, potentially narrowing the buyer pool. However, the small complex size and land holding suggest possible future strata reconfiguration or value uplift, and the current estimated rental income of $785 per week offers a solid yield for an investor willing to address the compliance issue.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/163 Edinboro Street, Joondanna WA 6060
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Joondanna is a sought-after inner suburb with a dynamic market driven by young professionals. Demand is strong for family-oriented homes, evidenced by rapid sales and significant capital growth across both houses and units. This growth is supported by its proximity to the city and local amenities, though limited current listings indicate a supply constraint that underpins competition. Future appeal is anchored in its established community and convenient location, while the primary risk remains the tight inventory sustaining high buyer pressure.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
896m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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