31 Gecko Circle, Nickol WA 6714

Tambrey Estate | 700sqm block | pool + dual living | low turnover street | 9.5% rental yield This property commands a strong buying case primarily due to its configuration edge on a generous 700sqm block within a sought-after pocket of Nickol where 90% of neighbours are owner-occupiers, signalling stable demand and limited turnover risk. The 389sqm build with two separate living zones and both front and rear decked entertainment areas is rare for the price bracket, and the in-ground pool on low-maintenance grounds makes it a turnkey family proposition. The estimated rental return of $2,000 per week against a 9.5% suburb yield is unusually strong for a house of this size, meaning an investor-occupier hybrid buyer gains both lifestyle and income optionality. The flood overlay is the primary risk and must be verified through council flood mapping and insurance quotes before proceeding, as this could affect both mortgage lending and premiums. However given the property has been held since 2006 without a sale event, the current owner has absorbed any historical flood impact, and the 9% suburb growth rate suggests the market has priced this in. The side access and 4 parking spaces offer future subdivision or shed potential, though the 56% building coverage leaves limited room without council approval.