14 Wolfson Way, Piara Waters WA 6112

Four-bedroom dual-bathroom residence on a 334m² lot (238m² built) listed at $900,000 with an estimated value around $1.006 million and a strong rental yield of 3.2-3.8% per annum. Property Configuration and Physical Attributes: The house comprises four bedrooms, two bathrooms, one ensuite, and two toilets across 238 square meters of building area on a 334 square meter residential lot. It achieves 71% building coverage with a roof height of 5 meters, indicating efficient land utilization typical of newer suburban developments. Two car spaces and a garage provide adequate vehicle accommodation for a family home in this segment. Market Positioning, Rental Income, and Location: The property sits within a valuation range of $930,000 to $1.08 million, with a median estimate around $1.006 million. Recent comparable sales on Wolfson Way show four-bedroom configurations selling in a range from $635,000 to $750,000, suggesting the current asking price reflects market appreciation. The property has had long owner-occupancy prior to listing. Weekly rental estimates range from $755 to $895, positioning annual gross yield between 3.9% and 4.7% based on the $900,000 asking price. Located in Piara Waters within the Armadale LGA, it benefits from proximity to Piara Waters Primary School (0.6 km) and Piara Waters Senior High School (0.8 km), with St John Bosco College 2.1 km away. The suburb shows strong owner-occupancy and reliable digital connectivity. No bushfire, flood, or heritage overlays are identified, and ground elevation supports natural drainage. The configuration suits young families, upgraders, and investor-owner occupiers seeking rental income alongside residential use, with stable demand tied to school access and suburban infrastructure. Piara Waters represents a maturing suburban node with established services, offering potential for owner-occupier or investor interest during market consolidation rather than rapid appreciation.