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5 Condil Way, Success WA, Australia

Data last updated: 08 Jun 2025

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Approximately $818,000 to $856,000

Current Market Valuation

Estimated market value: Approximately $818,000 to $856,000

Notes: Estimated value based on available property data and comparable sales. One source indicates a 3-bedroom, 2-bathroom house with no parking space , while others specify 4 bedrooms, 2 bathrooms, and 2 parking spaces . This discrepancy affects valuation accuracy. The property has a land size of 496 sqm. The suburb median sale price for houses over the last year is $822,500 or $820,000.

Purchase History

Property Details

Type:

House

Bedrooms:

4

Bathrooms:

2

Land (sqm):

496

Car/Garage:

2 parking spaces (some sources indicate 'no parking space', but newer/more comprehensive sources suggest 2)

Estimated weekly rent:

$730 per week

Estimated based on available property data. The median rent for houses in Success is around $720 - $740 per week.

Rental vacancy rate:

0.4% in Success as of December 2023, significantly below the healthy benchmark of 3.0%. Perth's rental vacancy rate was 2.5% in March 2025.

Council rate:

Subject to City of Cockburn's annual budget. In 2023-24, the increase was 4.5%, and for 2024-25, it's a 4% increase for households. The exact amount varies based on property value (Gross Rental Value).

Water rate:

Varies based on consumption and a service charge. As of July 1, 2024, a 2.5% increase applies to water use charges. A single uniform service charge for households was $275.70 for the 2022-23 financial year. Quantity charges are based on metered water usage with tiered pricing.

Strata fee:

Not applicable (house, not a strata property)

Home and content insurance price:

Highly variable. For a typical 4-bedroom, 2-bathroom freestanding brick veneer home in Perth, average indicative home and contents insurance quotes were around $2,329.85 in December 2024 (up 5.26% from September 2024). General Australian averages for home insurance in 2024 are around $2,000. Factors like location (bushfire-prone area), building materials, and sum insured affect the price.

Zoning Information

LGA:

City of Cockburn

Zoning:

Residential

Bushfire:

Detected

Flood:

Not detected

Heritage:

Not detected

Potential Developments in the Area

State Government:

Local Government:

Lake Treeby Master Plan – 469 Lots (due to commence construction in 2024)

Kentucky Court Apartments Stages 2 & 3 – 173 Apartments (due to commence construction in 2024)

13 Welford Way – 7 Dwellings (due to commence construction in 2024)

Location 5 Condil Way, Success WA, Australia

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What's Nearby

Education

Emmanuel Catholic College (0.52km)

Jandakot Primary School (0.73km)

Yangebup Primary School (1.73km)

Mater Christi Catholic Primary School (1.75km)

Divine Mercy College (1.88km)

Atwell College (2.38km)

Health & Medical

Medical Facilities (General) (-1km)

Fiona Stanley Hospital (-1km)

Murdoch Hospital (-1km)

Transportation

Cockburn Train Station - Train

Suburb Performance

Median Price History

Success has experienced significant capital growth for houses.

Last 12 months (May 2024 - May 2025) | $820,000 - $822,500

Q4 2023 | $690,000

12-Month Growth Insight

Annual compound growth rate of 17.1% for houses (based on previous 12 months from a June 2024 source).

Annual capital growth of 23.08% for houses (up to February 2025).

Median house price up 14.3% (May 2024 - May 2025).

Median 3-bedroom house price up 20.4% (May 2024 - May 2025).

Median 4-bedroom house price up 13.6% (May 2024 - May 2025).

Average house vendor discounts between Q4 2022 and Q4 2023 continued to grow, to a premium of 3.1%.