8 Paterson Place, Padbury WA 6025

8 Paterson Place, Padbury WA 6025
3x2x2 family house | quiet court location | established school catchment | upper-end Padbury market | condition likely drives value This 3-bed, 2-bath, 2-car house is positioned as an upper-tier family home in Padbury’s established detached-house market, where larger-lot stock and strong school access underpin owner-occupier demand. The configuration suits a move-up family or a downsizer wanting a practical single-level footprint. It is placed among the suburb’s better-presented houses, where renovated, amenity-rich stock draws the strongest buyer interest. A quiet court location and a family-oriented layout add genuine appeal. The neighbourhood’s established presentation, not high-density convenience, supports the value. The best fit is a local family seeking a long-term home in a proven school catchment, or an upgrader wanting more space without leaving the suburb. Value is most likely driven by land size, condition, and renovation quality. If well maintained or upgraded, the upper price band is justified; if original, buyers may factor in a renovation premium. The lack of a pool may not deter all buyers, but families might weigh it against houses that offer one. Orientation and natural light may also shape perceived value, as may land dimensions and extension potential.
Detailed Independent Property Report prepared  by PropCred Analyst team for 8 Paterson Place, Padbury WA 6025
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Padbury, 18 km from Perth, is a family-oriented market. Professionals aged 30–39 are the dominant buyer cohort, couples with children account for 46% of households, and 50% of people in the area are purchasers. The median house price is $1.02 million, compounding at 11.5–11.7% annually, and the median sale price rose 20.4% over the past year. Conditions are tight: houses average 21 days on market, three- and four-bed homes clear in 13–14 days, and annual sales volume runs between 133 and 161. Rental returns remain solid, with gross yields near 4.1% and four-bed houses leasing at $700 weekly. Unit data is insufficient to assess, with fewer than five sales.
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PropCred Estimated Value

Comparable Sales: A 3-bed Padbury house sold at $550K in 2020; another sold at $425K in 2015 | Property Price Band: $1.2M-$1.3M | Value Drivers: condition, land size, court position

Bedrooms

3

Bathroom

2

Parking

2

Land

700m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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