88 Markham Way, Swan View WA 6056
88 Markham Way, Swan View WA 6056
Renovated family house | 737m² block | parkland rear boundary | solar and saltwater pool | open-plan kitchen
This property is positioned as a competitively strong family offering within its established suburb. The renovated open-plan layout, modern kitchen with stone surfaces and waterfall island, and the inclusion of solar and a saltwater pool place it above typical original-stock housing. The 737m² block and parkland backing provide genuine outdoor amenity and privacy, while the study nook and two pantries respond to practical family needs. This house serves best buyers seeking a move-in-ready detached home with lifestyle features, without paying a premium for extreme size. Its moderate 138m² floor area is balanced by efficient internal planning and quality finishes, making it a solid fit for owner-occupiers prioritising condition and usability over maximum square footage.
The likely older build age may introduce maintenance considerations that offset some renovation gains. The parkland backing and pool add lifestyle appeal, but they might also carry ongoing cost obligations. The property’s moderate internal area relative to its block means a buyer might prioritise outdoor space and presentation over sheer living square footage. These factors, along with the quality of the kitchen and the condition of the pool, may materially affect the value and should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 88 Markham Way, Swan View WA 6056
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Swan View, an established 6 sq km suburb roughly 25 km from Perth, sits between the Railway Reserves Heritage Trail and the rail line. House prices have risen 14.05% annually to a $685,300 median, while unit prices are up 24.22% to $397,500. Houses trade in a median 12 days, with 163 sales over the past year confirming a liquid market. Gross yields are high: 5.22% for houses and 5.54% for units, with weekly rents at $650 and $580. That combination of rental return and turnover points to investor and owner-occupier demand. However, development has remained stable since the early 1990s, implying limited new supply, which could support prices but also constrain future growth.
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PropCred Estimated Value
Comparable Sales: 6 Twin Views sold at $1.6M | Property Price Band: $900K–$1M | Value Drivers: renovated condition, parkland backing, pool and solar
Bedrooms
4
Bathroom
1
Parking
1
Land
737m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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