74 Teague Street, Victoria Park WA 6100

Fully renovated villa | No strata fees | Street-facing with no shared walls | Prime school catchments | High-speed fibre NBN This property presents a competitively strong offering as a modernised, low-maintenance residence in a high-demand family catchment. Its full renovation, open-plan layout, and premium inclusions like ducted air conditioning position it above typical strata stock, while the unique absence of strata fees and shared walls eliminates common unit drawbacks. This configuration best serves an owner-occupier seeking a turnkey home or an investor targeting long-term tenant appeal with minimal holding costs. The primary risk is valuation ambiguity, with a wide range and conflicting size data requiring immediate verification. The yield sits below local comparables, suggesting the asking price may already reflect its premium condition. Proceed with a disciplined price ceiling aligned to verified sales, leveraging its rare strata-free status. This property justifies acquisition for hold, with its intrinsic desirability supporting both capital stability and rental demand. Recent sales of similar 3-bedroom properties on Teague Street provide critical context: – 47B Teague Street: Sold for $920,000, now renting at $900/week. – 47C Teague Street: Sold for $830,000, now renting at $785/week. – 64C Teague Street: Sold for $750,000, now renting at $780/week. – 42A Teague Street: Sold for $831,000 (3 bed, 1 bath). This data anchors the subject property’s $933,000 estimate at the upper end of the market, demanding a premium justified only by its superior renovation and no-strata advantage.