7 Caliza Way, Beeliar WA 6164

4 bed, 2 bath, 2018 build | 383m² lot, 50% coverage | Beeliar, near Fremantle College | High confidence $1.2m valuation, $855pw rent This property’s configuration is its primary buying advantage—four bedrooms, two living areas, and a 191m² building on a compact 383m² lot gives a rare balance of internal space and low-maintenance land. For a family or investor, the 50% building coverage means the house occupies the lot efficiently without wasted yard, which suits buyers who prioritise modern finishes and lock-and-leave convenience over garden space. The 2018 build age avoids major structural risk while still offering contemporary layout and energy performance. Positioned within Fremantle College’s intake area and with FTTP already installed, the property holds above-average appeal for professional families seeking suburban proximity to the city without trading down on house size. The high-confidence valuation at $3,164 per m² suggests the market already prices this efficiency premium into the lot. The key risk is that a 383m² lot with full building coverage leaves zero room for extension or subdivision, capping long-term value growth to area appreciation alone. Buyers paying near the $1.2m estimate are buying the house’s current utility, not future land optionality. The 2021 last sale date means no recent transaction to anchor price expectations, so the three-day market time may reflect a vendor testing above fair value. Opportunity lies in the rental yield—$855pw against a $1.2m value gives a gross yield near 3.7%, which is competitive for a 2018 build in a middle-ring suburb. Hold this property as a core family home or a stable rental; it will not outperform on land speculation but will deliver consistent occupancy and low maintenance costs.