37 Evans Street, Boulder WA 6432
37 Evans Street, Boulder WA 6432
4×2 brick home | 502sqm land | 167sqm floor | existing $850pw lease
The property’s competitive strength is its generous floor area on a low-maintenance block, a rare configuration in Boulder. The existing lease at $850 per week provides immediate cash flow, making it suited for investors or buyers seeking a turnkey home with space. Brick construction and outdoor features reduce ongoing upkeep demands.
A key risk is lease verificationโunconfirmed terms weaken yield assumptions. The larger footprint may resist market shifts but relies on consistent tenant demand. Hold for rental income or occupy after lease expiry for an effortless transition to owner use.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 37 Evans Street, Boulder WA 6432
Market Insight:
This suburb presents a compelling entry point for investors, anchored by exceptionally strong rental yields for both houses and units. Demand is currently robust, evidenced by houses selling rapidly, indicating a tight and active market. Recent price performance for houses has been exceptionally strong, though the unit segment shows divergent trends. Future growth will depend on sustaining this demand momentum against potential headwinds from broader economic conditions.