20 Keegan Street Boulder WA 6432

Corner block 843m² | 1990 build with pool and solar | Flood overlay flagged | $735/wk rent potential | Sold $255k in 2021 The property’s primary competitive advantage is its generous 843m² corner block, which is rare in Boulder and offers configuration flexibility for future subdivision or dual-occupancy potential. The 1990 build is modern enough to avoid major retrofit costs, and the existing solar panels and swimming pool add tangible lifestyle and energy efficiency appeal, making the house attractive to families or investors seeking strong rental demand. The $735 per week rental estimate, supported by a tight local market, positions this as a solid cash-flow property for a buyer prioritising yield over capital growth. The flood overlay is the material risk here: it will increase insurance premiums, may restrict financing options from conservative lenders, and could dampen resale appeal. Buyers should commission a flood risk report and factor in a 10–15% insurance cost premium. The offsetting opportunity is that the overlay may suppress the purchase price relative to comparable non-flood properties, creating a value entry point for a buyer willing to hold medium-term. Use this property as a buy-and-hold rental with a view to subdividing the corner lot once zoning permits, but only if the flood risk is confirmed as manageable.