34 Ardleigh Cres, Hamersley WA 6022
34 Ardleigh Cres, Hamersley WA 6022
Renovated 3×1 with pool | fixed lease to 2027 | outdoor kitchen & workshop | no overlays
This property presents a competitively strong, turnkey investment with immediate income stability. Its comprehensive renovationsΒducted air conditioning, modern kitchen and bathroom, and a resort-style outdoor entertainment area with a full kitchenΒelevate it above typical 1970s stock in Hamersley. The fixed tenancy until April 2027 at $825 per week provides a secure ~4.1% gross yield for an investor, while the configuration and pool appeal directly to families seeking a low-maintenance, entertainer’s home in a family-oriented suburb with excellent school catchments.
Proceed with the understanding that the single bathroom caps its long-term family appeal and resale ceiling against modern two-bathroom homes. The substantial price growth since its 2019 sale is already priced in, relying on the quality of renovations to justify its premium. Acquire for a stable, medium-term hold to benefit from the secure rental income; the tenant effectively funds the holding costs while the superior improvements protect against market softening.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
URL has been copied successfully!
Market Insight:
Hamersley is a tightly held, family-centric suburb in Perth’s north, characterised by strong owner-occupier demand. The market is driven by middle-income families seeking established houses, evidenced by rapid sales and sustained high price growth. This creates a competitive environment with low stock turnover. Future performance is underpinned by its established family appeal but is sensitive to broader affordability pressures and interest rate movements which could temper the current momentum.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
756mΒ²
Assessments Delivered Today
URL has been copied successfully!