50A Preston Point Road, East Fremantle WA 6158

Riverside privacy | Walkable village | Flood overlay | 1992 built, 2023 renovated | High rental demand This property presents a rare riverside position in East Fremantle with complete privacy and a minimalist, light-filled design, offering a sense of sanctuary within a stroll of schools and village amenities. Its four-bedroom, two-bathroom format on a compact strata-sized lot delivers a low-maintenance, high-quality living package that best serves a professional family or a downsizer seeking a lock-and-leave lifestyle without compromising on space or prestige. The recent renovation and extension modernize the home for immediate occupation, while the strong rental estimate signals reliable investment demand. The primary decision factor is the flood overlay, which imposes potential insurance premiums and future resale constraints that a buyer must financially model. Offsetting this is the substantial equity gain since its 2023 sale and the commercial logic of securing a renovated home in an irreplaceable location below typical entry points. Acquire this as a long-term primary residence to amortize the overlay risk, or as a high-amenity rental holding; its configuration and location will sustain demand irrespective of market cycles. The property last sold for $1,080,000 in September 2023. This represents significant appreciation, underscoring strong market momentum for renovated homes in this location. A nearby strata villa listing at a far higher price point is not a direct comparable due to its different configuration and lot size, but it highlights the premium positioning of the address.