13A Parkview Parade, Redcliffe WA 6104

| Rental yield thin | No recent comparable sales | Zoned for development shift | Duplex land premium uncertain The risk is the gap between mid-range value estimates and the reality that the most recent comparable sale was 2018 at $275,000. Without a current local sale, the buyer cannot verify the $990,000 midpoint through market evidence. The rental yield at 3.19% is tight for a detached duplex, meaning cash flow relies on capital appreciation. The opportunity is the 468m² lot in a corridor near Perth Airport with no heritage or flood overlays, which opens future subdivision or redevelopment potential. This property should be held for land value appreciation, not immediate rental return. The stand-out feature is the 468m² land size in a low-overlay zone close to Perth Airport, which is rare for a single-title duplex. For a FIFO worker or investor betting on infill, this provides a long-term land bank with current utility. The strong rental history shows tenant demand, supporting a buy-and-hold strategy. To confirm pricing, request the agent’s most recent off-market sale or lease data for nearby 13B Parkview Parade, and cross-check the Domain high estimate against any sales in Belmont’s evolving pocket in the past six months.