69 Martinich Drive, Caversham WA 6055

Modern 2022 build | 259sqm on 414sqm | two living zones | heritage overlay risk | 5G-ready This property offers a rare combination of recent construction and generous internal space, with 259 square metres across two living areas and four bedrooms. The 2022 build means modern insulation, wiring and solar panels are already in place, reducing immediate capital outlay. The 63% building coverage is high for the lot size, which limits rear yard but maximises livable floor area. FTTP and strong 5G coverage support work-from-home setups. This house suits a family wanting move-in-ready space without renovation timelines, particularly those prioritising Caversham Valley Primary School catchment. The heritage overlay is the primary risk. It may restrict future alterations or subdivision and could slow resale to buyers who avoid such constraints. The 414sqm lot with high coverage leaves little room for expansion or pool. At an estimated $1.26-1.35M the property sits above the suburb median of $896k, so capital growth will depend on buyer demand for larger modern homes rather than land value appreciation. Rent potential of $890-$1,030pw offers a modest 3.5-4% gross yield. Buyers should hold this for owner-occupation not flipping, and verify heritage conditions with the local council before proceeding