24 Columbia Parkway, Piara Waters WA 6112

Large family home with pool | 595m² block in high-demand street | 310m² building size | Strong rental activity | Zoned for local schools This property presents a competitively strong proposition as a large, modern family home on a substantial block within a tightly held street of fifty-three properties. Its 2012 construction, ducted air conditioning, and solar-equipped pool position it as a premium entertainer in the suburb’s typical stock, best serving an owner-occupier seeking space or an investor capitalising on demonstrated rental demand from families attracted to the school catchments. The scale of the house and land exceeds nearby comparables, offering a tangible configuration edge. The primary decision rests on reconciling the premium valuation against limited recent sales evidence, with the last transaction occurring in 2009. Acquiring at the upper end of the estimated range demands confidence in sustained capital growth driven by the property’s scarcity attributes within the locale. Proceed with a firm budget anchored to its utility as a long-term hold, either as a permanent residence leveraging the local amenities or as a rental targeting family tenants, where its size and features justify a commanding weekly rent. * **24 Cologne Parkway, Piara Waters:** 4 bed, 2 bath on 488m², built 2010. Estimated value $1,073,000. * **This Property (24 Columbia Parkway):** 4 bed, 2 bath on 595m², built 2012. Estimated value $1,269,000 – $1,299,000. The value inference is clear: you are paying a significant premium for approximately 100m² of additional land and 65m² of building area, plus the pool, reflecting its larger format and enhanced appeal.