26 Solaris Street, Wellard WA 6170

Bushfire overlay | Vacant possession | Buyer caution zone | Lease expiry creates risk This property carries a bushfire overlay, which constrains landscaping and may raise insurance premiums-costs that fall entirely on the buyer. The recent sale with tenancy until January 2025 means you acquire a vacant property now, giving immediate control over occupancy but also immediate holding costs with no rental income. Holding for long-term capital growth is viable given Wellard’s infrastructure pipeline, but you must price in the bushfire risk and confirm adequate coverage. Treat this as a long-term hold, not a short-term trade. What strengthens your position is the NBN FTTP and 5G coverage, which is genuinely rare in this corridor and matters for remote workers or families. The 420m² lot with 38% building coverage leaves room for future extension or a granny flat, subject to council approval. This property suits a buyer who will occupy or hold for 5+ years and values connectivity and land flexibility over immediate cash flow. From the available sales history, a comparable 4-bedroom property on Solaris Street achieved 12.17% annual growth over 8 years. While not direct evidence for this house, it signals strong long-term demand in this pocket. Your next step is to verify insurance quotes for the bushfire overlay and request a building inspection focused on any previous fire damage mitigation.