78 Jarrah Road, East Victoria Park WA 6101
78 Jarrah Road, East Victoria Park WA 6101
3-bedroom house on 687m² | 1958 build with low 29% coverage | East Victoria Park | Long-term owner-occupied street | No overlay constraints
The property’s primary advantage is its 687m² lot with only 29% building coverage, offering substantial future reconfiguration potential in a street dominated by long-term owners and low turnover. The 1958 structure provides a functional footprint of approximately 200m², suitable for immediate occupation while the land component appreciates. This property best serves buyers seeking a solid entry into a well-located suburb with scope for extension or redevelopment, supported by strong owner-occupier demand and no heritage or flood constraints.
The main risk is the single bathroom configuration, which may limit appeal for family buyers without modification. The 2009 purchase price of $380,000 indicates significant capital growth, but current valuation suggests the land component now drives value more than the dwelling. Opportunity exists in the low building coverage and 5m roof height, which could accommodate a second-storey addition or rear subdivision subject to council approval. The 25% rental proportion and zero auction clearance rate warrant caution, though the long-term resident profile suggests stable neighbourhood character.
Detailed Independent Property Report prepared by PropCred Analyst team for 78 Jarrah Road, East Victoria Park WA 6101
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
!
1
East Victoria Park WA 6101
East Victoria Park is a high-demand suburb positioned for professionals, with its strong transport links and established school catchments underpinning family appeal. Demand is driven by this demographic seeking larger homes, reflected in rapid sales and significant price appreciation across both houses and units. The market exhibits robust conditions with tight vacancy and competitive yields, though future growth faces constraints from affordability pressures and limited stock availability.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
687m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst