57 Archidamus Road, Coolbellup WA 6163

Modern 2022 build | compact 364sqm lot | strong rental yield near 4% | no overlay risks This property presents a rare combination of contemporary construction on a low-maintenance block within a well-established suburb. The 2022 build eliminates immediate capital expenditure for a buyer, while the 48% building coverage and 42-metre elevation provide a sense of space and light uncommon on lots this size. With 5G coverage and proximity to Coolbellup Community School and Fremantle College, the house is positioned to appeal strongly to young families or professionals seeking a lock-and-leave option. The estimated value above $1 million reflects genuine demand for newer stock in a market where the median sits at $879,500, giving the buyer a configuration edge over older, larger neighbours. The primary risk lies in the compact land size, which limits future subdivision potential and may deter buyers seeking a traditional backyard. However, the absence of bushfire, flood, or heritage overlays removes common deal-breakers, while the off-the-plan activity at $1,065,374 on an identical lot confirms pricing support. The 85% owner-occupied street profile and long-term resident base suggest stable neighbourhood character, reducing turnover risk. For an investor, the midpoint rental estimate of $820 per week offers a yield near 4%, competitive for a 2022-built house in this corridor.