6 Newport Way, Balga WA 6061
6 Newport Way, Balga WA 6061
1971 duplex | 381m² lot | No strata fees | Single-level 2-bed | Yard depth
This duplex offers a rare combination of detached-style land and attached-house simplicity. On a 381m² block with no strata fees, it provides the practical benefits of a house: secure yards, single-level living, and scope to extend, without shared costs. The 1971 build is older, but updated bathroom, laundry, and kitchen finishes lift day-to-day appeal. It suits first-home buyers seeking low-maintenance entry into a yarded home, or investors wanting steady rental demand in an established pocket. The compact 71m² internal area is balanced by generous outdoor space, making the land the true highlight.
Value may be shaped by the compact internal footprint relative to the land size. Buyers should weigh the cost and feasibility of any extension, given the 381m² block and residential zoning allow room for change, subject to council approval. The older building fabric might require ongoing maintenance, but the no-strata structure and single-level layout reduce ongoing outgoings. A comparable new unit or townhouse would likely trade at a premium, so the price band reflects the trade-off between land content and dated floor plan.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Newport Way, Balga WA 6061
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Balga’s market is tight and fast-moving. The median house price is $675,000–$680,000, up 13–14.5% annually, with houses selling in a median 13 days. Demand is led by a prime working-age cohort, supported by solid population growth and upper-middle household incomes. Gross yields of 5.17% for houses and 5.69% for units, plus weekly rents of $675–$680, draw investor interest. Around 304–319 house sales a year provide liquidity. Future growth relies on continued working-age migration; affordability and interest-rate sensitivity are the key risks.
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PropCred Estimated Value
Comparable Sales: 5/24 Newport Way sold $480,000; 2B Newport Way sold $630,000 | Property Price Band: $600k–$700k | Value Drivers: land size, no strata, single-level layout
Bedrooms
2
Bathroom
1
Parking
1
Land
381m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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