14 Boomerang Cres, South Kalgoorlie WA 6430

14 Boomerang Cres, South Kalgoorlie WA 6430
3 bed on 728m² lot | under offer in 7 days | flood overlay | 1985 build | tidy presentation This house presents a competitively priced entry into the South Kalgoorlie market, aligning with the suburb’s typical configuration of three-bedroom homes on large lots. Its rapid transition to ‘under offer’ status signals solid buyer demand at this price point. The property serves an investor seeking a straightforward rental or a buyer needing a functional, recently refreshed home on a substantial block. The lot size offers future subdivision potential, subject to council overlay checks, which is a relative rarity for the area. The flood overlay imposes a tangible risk, likely affecting insurance premiums and requiring due diligence. The 1985 construction necessitates a building inspection for latent issues. For an investor, the rental range suggests a viable yield, though the single bathroom caps its appeal. For an owner-occupier, the primary school proximity is a benefit. Proceed only with a conditional offer that validates build quality and overlay implications, as this is a value-play for a pragmatic buyer, not a premium home. Recent comparable sale at 164A Boulder Road for $349,000 demonstrates the achievable price bracket for a three-bedroom, one-bathroom house in South Kalgoorlie. This sale anchors the listed ‘offers over $420,000’ as ambitious, suggesting the market may support a value closer to the lower end of the estimated range, contingent on condition and the flood overlay impact.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

South Kalgoorlie is a high-yield, working-class suburb with strong demand from local tradespeople, underpinning a tight rental market and rapid sales. Recent price growth reflects this robust activity, with houses transacting quickly. Future performance is supported by high rental returns and sustained local demand, though affordability pressures and increasing stock levels present a key sensitivity in this mining-influenced regional market.

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

728m²

Built

Recent Assessments