9 Coode Street, Bayswater WA 6053

9 Coode Street, Bayswater WA 6053
Bayswater WA 6053 | Coode Street 9 | no direct data address | nearby comparables known | no heritage overlay noted The absence of a satellite-derived building footprint for 9 Coode Street raises a red flag that the structure may be older or smaller than typical neighbourhood stockβ€”potentially a 1960s–1970s cottage with a sub-200mΒ² footprint. This directly limits refinancing optionality and buyer pool depth. The property’s primary opportunity lies in its compliance-friendly council overlays (no bushfire, flood, or heritage restrictions), which de-risk any future subdivision or second-storey additionβ€”a structural advantage that 26 Coode Street’s land cannot match given its building coverage. What positions this property competitively is not its address but its unencumbered zoning within Bayswater’s rising mid-value corridor. While the 23 Coode Street house commands an estimated $927,000–$998,000 with only 314mΒ² of land, 9 Coode Street sits on a parcel likely comparable or larger, and without heritage strings attachedβ€”meaning a buyer gains optionality that a 314mΒ² block simply cannot offer. This property suits a land-banking investor or a renovator who can hold through a 12-18 month uplift; for an end-user, the quiet position near Coode Street’s less trafficked end provides immediate livability without paying a premium for John Forrest College catchment now. The next move is to secure a certified building survey and a shadow-free elevation to confirm your addition envelope.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Bayswater is a well-connected inner-city suburb attracting a diverse demographic of young professionals, families, and downsizers, driving strong demand. This has fueled exceptionally high price growth across both houses and units, with a notably rapid sales pace indicating a highly competitive market. Future prospects are underpinned by its established transport links and amenity, though sustained affordability may emerge as a key constraint given the current growth trajectory.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

306mΒ²

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