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Location

Market Insights for Thornlie WA 6108

New Listings (last 30 days)

Average price

$842,533

Lowest price

$570,000

Highest price

$1,200,000

3 Bower Street, Thornlie WA 6108

$899,000

Search Band

$899k - $944k Transparent Based on an openly advertised listing price.

House 3 beds 1 bath 2 cars 691 m²

Listed: 33 days ago

Updated: 16 hours ago

Overview

Situated on a spacious approximately 691sqm corner block in Thornlie, this property offers an excellent investment and development opportunity, blending current functionality with promising future prospects.

The home's traditional layout includes three generously sized bedrooms and one bathroom, creating comfortable living spaces. A formal lounge bathed in natural light provides a welcoming area for daily relaxation, while the kitchen's outlook onto the dining and undercover entertaining areas enhances connectivity and convenience for family life or hosting guests.

Outdoor amenities include a large backyard and a generous undercover entertaining space, ideal for year-round enjoyment in a private setting. The layout further accommodates a single carport with drive-through access, facilitating easy parking and additional space for vehicles or trailers. Complementing these features is a powered workshop/shed at the rear, offering practical storage and workspace options.

For investors, the property stands out with a current tenant secured at $730 per week through to July 2027, ensuring a reliable income stream. Additionally, the approved R60 zoning opens up exciting possibilities for higher density redevelopment, subject to council approvals, appealing to developers or buyers with a long-term vision.

Conveniently located close to essential amenities such as shopping centers, restaurants, schools, medical facilities, and public transport, the property combines lifestyle convenience with the potential for capital growth.

Local Market Insights

In Thornlie, Quiet Listings observed 30 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $842,533. The property type mix of listed properties is predominantly Houses at 91%, followed by units (3%), and villas (3%). The most active agency for houses in the Thornlie area is currently LJ Hooker, representing 20% of new listings, followed by Ray White with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.