92 Castlereagh Way, Brabham WA 6055
92 Castlereagh Way, Brabham WA 6055
4 bed family house | 300m² compact block | FTTP and 5G | bushfire overlay noted | modern estate pocket
This house is positioned well within Brabham’s newer residential estate, where the dominant stock is modern detached family homes on similarly sized lots. The 4×2 configuration with two car spaces is the most sought-after layout in this part of the suburb, and the 225m² building area is generous relative to the land size, meaning the internal footprint should feel spacious rather than squeezed. The property suits a young family or a first-move-up buyer looking for a low-maintenance block, modern finishes, and the practical benefits of FTTP connectivity and strong mobile coverage. Being in a growth corridor with school catchments already assigned, it offers a predictable family-oriented living environment that tends to hold demand well.
The bushfire overlay is the main factor that might shape your view on price, as it can influence insurance costs and, in some cases, lending criteria depending on the lender. The 300m² lot is compact, which keeps upkeep low but limits scope for major extensions or a large backyard, so the value sits more in the house itself than the land. The 2020 sale history suggests the property has been held through a period of strong price growth in the area, and the current asking expectations likely reflect that uplift. A buyer should weigh the convenience of a modern, efficient home against the overlay and the modest outdoor space, and consider how those factors align with their own priorities.
|| Comparable Sales: 66 Castlereagh Way sold 2024 for $893,000; 26 Castlereagh Way listed above $1M | Property Price Band: $850K–$950K | Value Drivers: internal floor area, modern build quality, bushfire overlay impact on insurance
Detailed Independent Property Report prepared by PropCred Analyst team for 92 Castlereagh Way, Brabham WA 6055
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Brabham, a newer suburb in Perth’s north-east corridor, is a high-growth family market. Demand is driven mainly by young couples and families aged 20–39; 83% are purchasers, with many trades workers and professionals drawn to new housing and proximity to north Perth employment hubs. The median house price is about $745,000, with annual growth between 10.8% and 13.4%. Houses sell quickly, typically within 6–12 days, and gross rental yields near 5% point to robust investor interest. Ongoing regional infrastructure and Swan Valley development support future demand, while the population surged 162% over five years. Key constraints are stretched affordability above $700k, high rate sensitivity among younger buyers, and limited unit supply, which narrows entry-level options.
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PropCred Estimated Value
Comparable Sales: 66 Castlereagh Way sold 2024 for $893,000; 26 Castlereagh Way listed above $1M | Property Price Band: $850K–$950K | Value Drivers: internal floor area, modern build quality, bushfire overlay impact on insurance
Bedrooms
4
Bathroom
2
Parking
2
Land
300m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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