130 The Boulevard, Australind WA 6233

Low land-to-price ratio | R30 zoning limits future yield | Compact 123sqm living for 3-bed floor plan | Young suburb with thin comparable history The land area at 299sqm under R30 zoning introduces a structural yield constraint: a rental return of $625–$745pw against a $679k entry point yields a gross return near 4.8%, which is below the 5.5% benchmark for regional investment. However, the 2022 build quality, ducted air conditioning, and 6.6kW solar system reduce holding costs by an estimated $1,800–$2,400 annually, offsetting some yield pressure. For an owner-occupier, the lock-and-leave design and low-maintenance garden suit a lifestyle-focused buyer; for an investor, the property works only if acquired below $700k to restore yield discipline. The property’s competitive edge lies in its modern, efficient build on a manageable block in Treendale, a pocket with 85% owner-occupancy and stable residency-indicating low turnover risk. The separate theatre room and master ensuite are rare for a 123sqm floor plan, improving desirability for downsizers or professionals. The security system and plumbed refrigerator outlet are functional upgrades that reduce friction for a busy buyer. This house serves best as a primary residence for a couple or small family seeking new-build efficiency without strata fees. Comparable sales data from 120 The Boulevard (424sqm land, sold March 2026 at estimated $710k–$830k) and 124 The Boulevard (192sqm, off market at ~$712k) bracket this property’s value. The target house sits at a land-area midpoint but a floor-area disadvantage relative to 120 The Boulevard. Value inference: to align with market evidence, a prudent buyer should anchor bids near the lower end of the $679k–$747k search band, given the smaller land size and comparable floor area. To secure this property without overpaying, request a registered valuation focused on land-to-improvement ratio and cross-reference recent sales in Treendale under 350sqm lots. This briefing supports a disciplined offer strategy rather than a chase on emotion.