7 Knight Place, Calista WA 6167
7 Knight Place, Calista WA 6167
Large land parcel | 3-bed detached house | Established suburban setting | Family-oriented location
This property offers a substantial land holding of over 1,040 square metres, which is notably generous even within Calista’s established-house character. The 3-bedroom, 1-bathroom configuration on a single level is consistent with the suburb’s older detached housing stock, and the large block size provides genuine potential for future expansion or redevelopment subject to council approval. The property sits within a low-rise suburban area where detached homes on sizable lots are the norm, making it particularly suited to owner-occupiers seeking space and families looking for a property with room to grow. The school catchment area adds further appeal for household buyers, while the large land component is a competitive advantage that distinguishes it from smaller or newer infill housing.
The property’s value may be influenced by its older building age and the absence of detailed information on interior finishes and condition. While the large block is a strength, the house itself is likely from the 1960s era, so prospective buyers should factor in potential costs for updates or maintenance. The gross rental yield is estimated around 3.6% based on comparable data, which is moderate for the area and may appeal to investors but is not exceptional. The lack of documented on-site amenities or modern fixtures means the property’s price will largely depend on how the house’s condition and the land’s development potential are assessed during inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Knight Place, Calista WA 6167
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Calista presents as an affordable, established suburb with a demographic skew towards mature households and trades-based occupations, driving stable family-oriented demand. The market has demonstrated robust capital appreciation recently, supported by healthy sales activity and competitive days on market. Future growth appears linked to its relative affordability, though its trajectory may be tempered by a limited unit market and a demographic profile suggesting lower turnover potential.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
1042m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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