1 Ballybofey Loop, Bullsbrook WA 6084

Modern 2014 build | 4-bed plus theatre & rumpus | 529m² block in quiet loop | Heritage & bushfire overlays apply This property presents a competitively strong, modern family home in a growing community. Its 178-square-metre layout with separate theatre and rumpus rooms offers above-standard living space for the area, creating a functional edge for owner-occupiers seeking space or an investor targeting the family rental market. The private master suite and open-plan living align with contemporary buyer preferences, positioning this house well within its immediate locale, which shows evidence of sustained capital growth. The decision hinges on navigating its specific constraints. The heritage and bushfire overlays introduce compliance costs and potential insurance premiums that directly impact holding costs and future modification plans. The current tenancy provides immediate income but delays occupancy, making this a logical buy for a patient investor. A Propcred report would precisely quantify the market valuation against the listed price, detail overlay compliance obligations, and assess locality-specific risks to validate this opportunity. Recent sales on the same street show strong price growth but also variation, providing critical context for your offer. * House 33 sold for $750,000 in October 2024, having grown at 19.55% annually from its 2020 purchase. * House 34 was purchased for $645,500 in October 2024 and advertised for rent. This data confirms significant appreciation is possible, but the $100,000+ price difference between near-identical houses underscores the need for a precise, condition-based valuation.