74 Constance Street, Nollamara WA 6061
74 Constance Street, Nollamara WA 6061
3 bed 2 bath villa on 872m² lot built 2004 | Freshly listed EOI attracting quick interest amid under offer trends | $715pw rental yield potential | R40 zoning suits families or investors|
Single-level 2004 villa with 2 car spaces and full NBN fibre plus 5G coverage, positioned in a family-oriented pocket zoned R40 for residential flexibility. This property appeals to professionals, growing families, or downsizers seeking low-maintenance living near amenities, with no bushfire, flood, or heritage risks in the Stirling council area. The generous land offers potential for extensions or a pool, making it suitable for owner-occupiers who value space over strata fees. Demand remains steady for similar 3x2s on larger blocks, evidenced by under offers and nearby end-date sales, signaling competitive buyer activity for well-priced stock. Catchment includes Nollamara Primary School nearby and Dianella Secondary College, with childcare options within easy reach. Demographics skew younger, supporting steady family inflows. Proximity to Balcatta and Dianella hubs provides shopping and transport access, though some peak-hour traffic on main roads may affect commuters. Growth drivers include regional infrastructure and low vacancy rates, with rental appeal in the $650$785pw range. Opportunities lie in value-add renovations or subdivision potential under R40, with historical long-term hold patterns in the area. Risks are limited to broader market softness if rates rise, though school access and local amenities mitigate downsides.
Detailed Independent Property Report prepared by PropCred Analyst team for 74 Constance Street, Nollamara WA 6061
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Nollamara presents as a high-demand, affordable entry point into Perth’s northern suburbs, characterised by exceptionally fast-moving sales and strong capital growth. Demand is driven by owner-occupiers and investors attracted to its relative affordability and tight rental market, evidenced by rapid sales and high yields. Recent price trends show robust growth across both houses and units, with market conditions indicating intense competition and low stock turnover. Future growth is supported by sustained buyer activity, though the market exhibits sensitivity to affordability pressures and yield compression.
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PropCred Estimated Value
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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