1/406 Hay Street, Somerville WA 6430

2 bed 2 bath villa | gated complex | flood overlay noted | strong rental yield | mid $300k comparable sales This villa offers a rare combination of two-bedroom, two-bathroom configuration within a secure, low-maintenance complex, making it a strong fit for downsizers and investors seeking a defensible entry point into the Somerville market. The open-plan layout, built-in robes, stainless steel appliances, and ducted cooling provide a modern finish that commands a rental premium, with estimated weekly returns around $730 supporting a yield that outperforms many alternatives in the Kalgoorlie-Boulder area. For a buyer, the property’s competitive edge lies in its positioning within a gated complex, which reduces turnover risk and appeals to tenants prioritising security and ease. The primary risk is the flood overlay, which may complicate insurance terms and lender appetite, narrowing the buyer pool and potentially softening resale value. However, this overlay is already priced into the mid-$300,000 comparable sales within the complex, and a buyer who secures favourable insurance can exploit a discount relative to unaffected properties. The villa’s natural gas connection and reliable NBN add practical value without being decisive. The opportunity is to acquire a unit with proven rental demand at a price point where yield remains attractive, provided the flood risk is fully underwritten.