81 Meller Road, Bibra Lake WA 6163
81 Meller Road, Bibra Lake WA 6163
700 m² block | 3-bedroom house | 1995 build | established suburb with stable ownership | school catchment access.
The property offers a solid land-to-building ratio on a 700 m² block in a well-established suburb where owner-occupancy is high and rental turnover is low. The 1995 build includes two living areas and solar panels, which supports ongoing livability and energy efficiency. This house is likely best suited to a buyer seeking a family home within the Bibra Lake Primary and Lakeland Senior High catchments, where school proximity adds practical value. The land size and residential zoning provide some flexibility for future adjustments, though no specific development potential is confirmed from the visible data.
The main constraint is the unresolved price picture, as the property carries both a rental listing at $820 per week and a sale guide that appears under offer, with estimated values not aligning clearly across sources. Confidence in fair value cannot be relied on from the visible evidence alone. It remains unclear whether the buyer interest reflected in the sale status is genuine or strategic, and whether the asking price reflects market support or an aspirational target.
Detailed Independent Property Report prepared by PropCred Analyst team for 81 Meller Road, Bibra Lake WA 6163
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Bibra Lake is a family-oriented suburb with strong demand from established purchasers. The market is characterised by exceptionally fast-moving house sales, reflecting high competition and limited supply. Recent price growth has been robust, supported by significant rental increases. Future performance is underpinned by sustained family demand, though the unit segment shows notable weakness with minimal sales activity and declining values.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
700m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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