6/44 Pearson Drive, Success WA 6164
6/44 Pearson Drive, Success WA 6164
3-bedroom townhouse Success | built 2005 good condition | near Atwell College and Jandakot Primary | NBN and 5G available
This property offers a rare combination of a 2005 build with a substantial land holding of nearly 3,000 square metres, which is unusual for a townhouse in this price bracket. The configuration provides three bedrooms and two car spaces, making it suitable for a small family or an investor targeting the strong rental demand in Success, where the suburb is 65% owner-occupied and only 35% rented. Its proximity to Atwell College and Jandakot Primary School adds practical appeal for buyers with school-age children, and the lack of bushfire or flood overlays reduces insurance and risk concerns.
The main risk is the internal building area of only 97 square metres, which may feel tight for some families despite the generous land. Buyers should verify the actual usable layout and check for any strata restrictions on the land. The property last sold in 2021 for $330,000, and while values have risen, the current estimated value of $740,000 sits below the suburb median for three-bedroom houses at $809,000, offering potential upside. Hold this property for medium-term capital growth or rent it out for a projected $645 per week to cover costs while the area matures.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/44 Pearson Drive, Success WA 6164
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Success is positioned as a high-growth outer suburb, attracting young families with its strong transport links and parkland amenities. Demand is driven by this demographic, seeking modern housing amid broader state population growth, resulting in rapid price appreciation and exceptionally tight market conditions with swift sales. Future growth is underpinned by sustained migration and limited new supply, though affordability pressures and interest rate sensitivity present notable constraints for mortgaged households.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
2999m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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