89 Alcock Street, Maddington WA 6109
89 Alcock Street, Maddington WA 6109
3 bed 1 bath on 683m² | 1974 build, 95m² floorplate | FTTP and solar fitted | R20/R30 infill potential | Rental demand near $700/week
This is a classic older Maddington house where the land carries most of the value. The 683m² block sits comfortably above the tight infill product seen elsewhere, and the modest 95m² internal area means the property is priced primarily on what the lot can do rather than the dwelling itself. The 1974 build is typical of the suburb’s established core, and the single-level format with one garage and one car space offers straightforward utility. Solar panels, FTTP, and 5G coverage make it practical for modern renters or owners, and the rental signal around $700 per week reflects genuine demand for detached housing with yard space in this pocket. The best fit is a buyer wanting a solid rental yield now with optionality to renovate or pursue subdivision later, assuming zoning permits.
The property’s value may hinge on how much weight a buyer places on improvement potential versus immediate move-in condition. The internal area is small relative to the land, so a renovation could lift rental appeal, but the absence of verified finish quality means the purchase price should reflect the land and location first. The R20/R30 zoning context on the street suggests future subdivision or dual-frontage potential might be possible, though this is not confirmed for this specific lot. A buyer should weigh the cost of upgrading the bathroom and kitchen against the rental uplift, and consider whether the garage and parking layout meets their needs. The modest building coverage leaves room for extension or reconfiguration, which may appeal to owner-occupiers wanting more space.
Detailed Independent Property Report prepared by PropCred Analyst team for 89 Alcock Street, Maddington WA 6109
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Maddington sits in Perth’s south-eastern corridor, drawing trades-focused households with moderate-to-high incomes. Demand is driven by these buyers, with 200-269 house sales per year and tight selling conditions — median days on market as low as 13. House prices rose 12.9% over the past year to a median of $692,500, though Reiwa’s median of $618,500 shows valuation spread. Rental demand remains firm: $650 weekly house rents and only 18 available rentals. Future growth rests on continued affordability relative to Greater Perth, but limited inventory (16 homes for sale), rate sensitivity, and an income gap 26.9% below the wider metro are key constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 15 Alcock Street sold $595,000 (618m²) | 147 Alcock Street renovated 3×1 on ~680m² | Property Price Band: $550K–$650K | Value Drivers: land size, subdivision potential, rental yield
Bedrooms
3
Bathroom
1
Parking
1
Land
683m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!