7A Cone Place, Menora WA 6050
7A Cone Place, Menora WA 6050
3 bed 2 bath duplex on 674m² | Estimated value around $1.55M with rental $910pw | Solid school zones 0.70.8km | Heritage overlay noted
Spacious 139m² built in 1980 with dual car spaces, this duplex appeals to downsizers or young families seeking lock-up garage convenience without full detached upkeep. The duplex configuration provides entry to Menoras family-friendly enclave, trading minor shared-wall privacy for a larger land parcel than typical semis. Buyers in the $1.41.65M rangefirst-home buyers or relocators from pricier inner-northwill find it suited to low-maintenance living with room for tweaks.
Demand remains steady for duplexes in this area, with quick inspections signaling interest amid tight 3-bedroom stock. It sits in a prime pocket near Coolbinia Primary (K-6, 0.7km walk) and Mount Lawley Senior High (7-12, 0.8km), with Sir David Brand special needs school nearby, ideal for households with school-age kids. NBN fibre and 5G coverage support remote work setups. Location edges top-tier Menora streets: walkable to parks and cafes, yet 1015 minutes to the CBD. Heritage overlay may affect renovations, and Stirling council rules apply to expansions. Demographics skew professionals and families, supporting steady turnover without hype. Rental yield around 3% attracts investors seeking cash-flow stability, with growth tied to infrastructure progress and an undersupply of family homes. Opportunities exist for value-add cosmetics or strata-title tweaks; minimal risk due to lack of flood/bushfire exposure, but verify pest/building pre-offer. Strong hold for a 57 year horizon.
Detailed Independent Property Report prepared by PropCred Analyst team for 7A Cone Place, Menora WA 6050
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Menora is a tightly held inner suburb with a premium housing market, characterised by strong recent price growth and swift sales. Demand is primarily driven by families, who constitute the majority of households, attracted by its proximity to Perth and local amenities. The market demonstrates robust momentum with houses transacting quickly, reflecting sustained buyer competition. Future appeal is underpinned by its established residential character and convenient location, though its premium positioning inherently limits affordability for many buyers.
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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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