71A Raymond Street, Yokine WA 6060
71A Raymond Street, Yokine WA 6060
Large 1,121mยฒ lot in Yokine | Townhouse-style 3×2 with spa | Strong owner-occupier street | 5G and NBN connected | No overlays limiting use
The property sits on an unusually large 1,121mยฒ parcel for a townhouse-style dwelling, which is the primary structural advantage here. In a suburb where median days on market are only nine and owner-occupier demand runs at 70 percent, this combination of generous land with a 172mยฒ internal footprint and features like an indoor spa and outdoor entertainment area positions it as a rare dual-purpose holding. It is best suited to a buyer who values immediate liveability in a strong suburban market while retaining optionality for future subdivision or redevelopment, given the absence of bushfire, flood, or heritage overlays.
The primary risk is that the property is simultaneously listed for sale and rent, which may indicate a motivated seller or a holding-cost scenario that could pressure price negotiation. The rental estimate range of $910 to $1,200 per week is wide and suggests the market has not yet settled on its income profile, so a buyer relying on rental cover should stress-test at the lower end. The property is within catchment for Tuart Hill Primary and Dianella Secondary College, which supports family buyer demand, but the mixed description as both house and townhouse may narrow the pool of traditional owner-occupiers. Hold it as a comfortable family home with land banking potential, and only pursue subdivision after confirming zoning with the City of Stirling.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 71A Raymond Street, Yokine WA 6060
Market Insight:
Yokine is a resilient inner-northern suburb exhibiting robust market conditions, with both houses and units experiencing strong annual price growth. Demand is driven by a broad market seeking well-presented family homes, supported by Perth-wide population growth and critically low vacancy rates. The market is exceptionally tight, with houses selling rapidly, indicating intense competition for limited quality stock. Future growth is underpinned by these persistent demand fundamentals, though affordability pressures on the outer suburbs highlight a key constraint, suggesting established suburbs like Yokine may benefit from a relative flight to quality amid broader supply shortages.