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78 Grand Promenade, Karrinyup WA, Australia

Data last updated: 06 Jun 2025

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Approximately $1,436,000 to $1,580,000.

Current Market Valuation

Estimated market value: Approximately $1,436,000 to $1,580,000.

Notes: The property value is estimated to have increased by 2.1% in the last month and 77.7% since it last sold in 2018.

Purchase History

August 11, 2018 - $825,000

July 9, 2009 - $805,000

Property Details

Type:

House

Bedrooms:

4

Bathrooms:

2

Land (sqm):

427

Car/Garage:

2 (with remote garage) . Note: Some sources state 0 car spaces.

Estimated weekly rent:

$1,315 per week

Estimated rental income based on available property data, with a high confidence. Karrinyup average rental yield is 3.4%, while this property's estimated yield is 4.7%.

Rental vacancy rate:

2.4% for rental houses in Karrinyup, which is less than the WA state average of 3%.

Council rate:

N/A - Specific rates require checking with the City of Stirling directly, based on Gross Rental Value (GRV) of the property.

Water rate:

N/A - Specific rates require checking with Water Corporation. As an example, annual water rates for a different property in Stirling were around $800 pa.

Strata fee:

N/A - This property is a green title house, not a strata property.

Home and content insurance price:

N/A - Home and contents insurance costs vary widely based on coverage and insurer. The average daily cost for home and contents insurance in WA is around $5.56.

Zoning Information

LGA:

City of Stirling

Zoning:

Residential

Bushfire:

Not detected

Flood:

Not detected

Heritage:

Not detected

Potential Developments in the Area

State Government:

Local Government:

The Karrinyup Shopping Centre has undergone a significant expansion (approved in 2015) to 113,000m², including 131 dwellings and 4882 car bays, scheduled for completion in late 2021.

In September 2021, a development for 3 residential towers (24, 15, and 9 stories) was approved by JDAP.

The West Karrinyup Village development (two towers of 14 and 23 storeys with 253 apartments) is moving forward, raising concerns about parking shortfall in the area surrounding the shopping centre.

The City of Stirling is undertaking a Local Planning Scheme No. 4 project, which will contemplate the future planning framework for the Karrinyup Secondary Centre.

Location 78 Grand Promenade, Karrinyup WA, Australia

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What's Nearby

Education

Our Lady of Good Counsel School (0.36km)

Newborough Primary School (0.42km)

Deanmore Primary School (0.97km)

St Mary's Anglican Girls' School (Inc) (1.26km)

St John's Primary School (1.47km)

Karrinyup Primary School (0.8km)

Health & Medical

Karrinyup St Luke Medical Centre (0.9km)

Metta Medical Centre Karrinyup (0.5km)

Grand Prom Medical Centre (0km)

Osborne Park Hospital (3km)

Sir Charles Gairdner Hospital (7km)

Transportation

Bus stops near property - Bus

Stirling Train & Bus Station - Train & Bus

Suburb Performance

Median Price History

Karrinyup is considered a 'Healthy Market' with a Boomscore of 55/100, which is higher than the WA state average. Houses in Karrinyup generally sell for 6% more than their original asking price. The average days on market for houses is 14 days. Karrinyup has seen strong annual capital growth. [7, 8, 9, 10, 12]

Last 12 months (up to Feb 2025) | $1,425,000

Last 12 months (up to May 2025) | $1,505,000

Last 12 months (Karrinyup WA 6018, general) | $1,480,000

12-Month Growth Insight

Annual capital growth of 21.79% for houses.

Annual compound growth rate of 23.3% for houses.

Median listing price change of 30.13% over the past year.

Median sale price change (1yr) of 21.8%.

Annual compound growth rate of 18.0% for houses.