58 Forrest Street, South Boulder WA 6432
58 Forrest Street, South Boulder WA 6432
Renovated 3×1 house on 507m² block | rear lane access and shed | suited to first-home buyers or investors | settled owner-occupied street near primary school.
The buying case is anchored by a recently completed renovation that makes the house immediately habitable with modern kitchen, split-system climate control, and built-in robes in all bedrooms. The 507m² block with rear lane access and a large shed adds practical utility uncommon for a property at this price point in South Boulder. The street context is notably stable, with high owner occupancy and a long-term resident base, which reduces neighbourhood turnover risk for an investor or owner-occupier. Proximity to Boulder Primary School within walking distance strengthens appeal for households with young children.
The main constraint is the single bathroom, which may limit appeal for families or tenants expecting two bathrooms, especially given a nearby comparable offers two. The price picture remains unresolved, as automated estimates diverge from the guide, and confidence cannot be placed in value without a direct comparable sale analysis. One practical opportunity is the rental yield, estimated near $625 per week, but whether that income justifies the guide price requires verification against current lease evidence. The unresolved question is whether the renovation quality and land attributes compensate for the smaller internal floor area and single bathroom relative to nearby stock.
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Forrest Street, South Boulder WA 6432
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
South Boulder presents as an affordable, family-oriented suburb with a young demographic, where demand is driven by working households seeking home ownership, evidenced by a high rate of mortgaged properties. The market is experiencing exceptionally strong price growth, with houses transacting quickly, indicating robust buyer appetite. Future momentum is supported by this fundamental demand, though the key constraint is a notably low supply of available properties for both sale and rent, which could intensify competition.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
507m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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