13A Heathcroft Road, Balga WA 6061

3-bed villa, 201sqm strata, 130sqm internal | $770/week rent, 7 days on market | Under offer, 16-day campaign | Warriapendi Primary and Balga Senior High catchment This villa offers a rare combination of compact land efficiency and full-size internal living, which positions it competitively for yield-focused buyers in a market where 3-bed houses command a median above $677,000. The 130sqm internal area with two bathrooms, ensuite, and built-in robes is unusually generous for a 201sqm strata lot, meaning the rental return of $770 per week sits at the higher end of the estimated $655–$775 range. The property suits investors targeting stable cash flow from a suburb with strong long-term residency (52–53%) and a young demographic profile, where demand for three-bedroom homes remains consistent. The absence of bushfire, flood, or heritage overlays removes common approval and insurance friction. The primary risk is the strata title itself: a 201sqm lot limits future subdivision potential and may constrain capital growth compared to freestanding houses on larger blocks, as seen with the adjacent 731sqm house sold for $188,000 in 2004. The short 7-day rental listing window suggests current demand is adequate but not urgent, and the 0% auction clearance rate for Balga houses indicates a soft sales environment. However, the under-offer status after 16 days signals that pricing near $799,000–$829,000 is achievable. The opportunity lies in locking in a 5.0–5.2% gross rental yield at current rent, which is strong for Perth metro. Hold for income, not speculation; refinance after 12 months of tenancy to extract equity for the next purchase.