64 Lyon Road, Atwell WA 6164

64 Lyon Road, Atwell WA 6164
Green title | 2012 built | low-maintenance | FTTP NBN | no overlays This property presents a competitively strong proposition due to its modern construction and efficient design on a green title lot, eliminating strata complexities. Its low-maintenance profile and smart floorplan directly serve downsizers and busy professionals seeking quality without upkeep burden. The absence of environmental overlays and presence of full fibre connectivity provide a secure, modern base with reduced discretionary holding costs. The primary decision hinges on the pricing disconnect between the asking price and recent street sales, which cluster significantly lower, introducing immediate equity risk. The opportunity exists for a buyer to secure a modern, turnkey home in a stable area, but commercial logic demands an offer anchored to the $730,000-$875,000 evidenced range. Acquire only at a corrected valuation, then hold long-term to absorb the street’s growth variance. Our report would pressure-test this valuation, detail locality risks, and model insurance premiums to secure your position. Recent sales on Lyon Road provide critical context: – A 3/2/2 sold for $730,000 after 11 years. – A 4/4/4 sold for $875,000 after 16 years. – A 3/2/2 sold for $840,000 after 2 years. This data establishes a clear benchmark, indicating the current asking price requires substantiation against these settled market outcomes.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Atwell is a high-demand family suburb positioned within PerthΒ’s growth corridor, driven by strong population inflows. Demand is anchored by young families, evidenced by the high proportion of households with children, creating sustained pressure in a low-supply environment. Recent price trends reflect a robust and competitive market with houses transacting swiftly. Future growth is supported by ongoing demographic tailwinds, though the primary constraint remains critically low property listings, intensifying competition.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

332mΒ²

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