26 Downing Cres, Wanneroo WA 6065

3-bed villa with granny flat | 443m² near Wanneroo centre | 1971 build, solar, air con | strong rental demand | no overlays The presence of a separate granny flat on a standard 443m² lot is the primary competitive advantage here, offering genuine dual-living income or multigenerational capacity rare in this price band. The 1971 build with solar panels and air conditioning reduces immediate outlay, and the residential zoning with no bushfire or heritage constraints removes approval risk. This property suits an investor seeking above-median rental yield or a buyer wanting a live-in plus rental configuration in a stable, owner-occupied street within walking distance to primary schooling. The main risk is the single bathroom, which limits appeal to families and may cap capital growth relative to two-bathroom villas. The 2012 last sale price is unknown, so equity history is opaque, and the 9-day market time suggests pricing is tight. Opportunity lies in converting the granny flat to a long-term rental, pushing yield above the suburb’s 3.6% average. Hold for steady rental income and modest land-value appreciation in Wanneroo’s growth corridor, or exit within five years if dual-living demand softens.