107 Anzac Terrace, Bassendean WA 6054

Heritage overlay | compact modern house | strong owner-occupied street | quick market turnover | good rental yield potential This property represents a competitively positioned modern three-bedroom home on a small but efficient land parcel in a Bassendean street with ninety percent owner-occupation and very low days on market. The combination of a heritage overlay, which preserves the area’s character, and a recently updated interior makes the house attractive to buyers seeking a low‑maintenance move‑in option without immediate renovation demands. The strongest buying case lies in its suitability for either an owner‑occupier wanting a stable residential pocket or an investor targeting the six‑hundred‑dollar‑plus weekly rental yield supported by local demand. The primary risk is the heritage overlay itself, which restricts the ability to extend, alter, or redevelop the property and may reduce future land‑value upside compared with unencumbered sites. The compact one‑hundred‑and‑eighty‑seven‑square‑metre plot also limits expansion potential. However, the strong local market—reflected in the rapid seven‑day sale turnover and high owner‑occupier rate—mitigates liquidity risk. The rental estimate near six hundred and seventy‑five dollars per week offers a reasonable income stream, and the property’s modern condition means immediate capital outlay is minimal, positioning it as a sound hold for medium‑term buyers who value location and character over speculative land appreciation.