64 Wakefield Cres, Australind WA 6233
64 Wakefield Cres, Australind WA 6233
Generous 823m² block | Parkfield Primary catchment | Dual living zones | Above-average rental yield
This property presents a competitively strong family proposition, anchored by its large land parcel in a sought-after school zone. The dual living areas and four-bedroom layout align with core demand, while the calculated rental yield exceeds suburb averages, indicating either inherent income strength or a relative value opportunity. It serves families and investors seeking established neighbourhood character with functional separation.
Decision hinges on reconciling the construction date discrepancy, which impacts depreciation schedules and long-term maintenance forecasting. The absence of recent comparable sales necessitates a conservative valuation approach. Proceed with a building inspection focused on 1990s construction standards and verify council records. This property justifies a hold strategy for either long-term capital growth driven by land content or stable rental income.
Detailed Independent Property Report prepared by PropCred Analyst team for 64 Wakefield Cres, Australind WA 6233
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Insight: Australind WA 6233
Australind presents as a dynamic, family-oriented market with demand driven by young families and working professionals, evidenced by its demographic profile and high sales volumes. The market is experiencing robust price appreciation across both houses and units, with houses transacting relatively quickly, indicating sustained buyer appetite. Future growth is underpinned by strong fundamentals, though high mortgage prevalence suggests sensitivity to interest rate movements.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
823m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst