Kenwick Corridor Lift: Early Entry Advantage

Purchase

$560k

Mar 2022

Current / Sold

$960K

DEC 2024

Hold Period

33 Months

Equity Growth

$400K

Property Details

Bought for $560,000 in March 2022

Sold for $960,000 on 6 Dec 2024

Total equity growth of $400,000

Approx. 71% growth over the hold period

3-bedroom, 1-bathroom house with 2 car spaces

Large 2,023 m² landholding in Kenwick

Built in 1970

Rented at $670 per week until August 2025 at the time of sale listing

Future R40 development potential, subject to council approval

Positioned close to Kenwick Train Station, Rehoboth Catholic College and East Kenwick Primary School

Key Insight

"Targeted entry into a high-growth Perth corridor early, secured a large landholding with future development upside, then captured rapid price acceleration during a strong demand cycle."