16 Viveash Way, Bulgarra WA 6714

4 bed 1 bath with pool and secure shed, leased to Jul 2026 at $1300/wk, freshly listed with offers over $749k, strong investor yield in mining hub. Offers spacious 4-bedroom layout including a retreat or study off the main bedroom, renovated kitchen with gas cooktop, dishwasher and electric oven, plus updated bathroom and laundry. Split system air conditioning runs throughout alongside ceiling fans and LED lighting, with timber-look flooring for easy maintenance. Outdoor setup includes a backyard swimming pool, sea container shed for storage, side access, and grassed areas with patios front and back, plus 2 garage spaces. Generates rental income at $1300 weekly, covering pool maintenance, positioning it as a low-hassle income producer. Appeals to investors seeking reliable cash flow in Karratha’s resources-driven economy, or owner-occupiers from FIFO mining families needing durable family space with pool for kids. Single bathroom suits shared worker households or those prioritizing yard over luxury internals. Demand stays firm from mining sector tenants and buyers, with quick uptake for tenanted properties offering immediate returns, though sales velocity ties to industry cycles. Nestled in a family-oriented pocket of Bulgarra, it sits close to Karratha Primary School 0.7km away for primary years and St Paul’s Primary 0.6km for Catholic option, with Karratha Senior High 3.5km for secondary. Location leverages proximity to schools and local amenities while backing onto quieter residential streets, advantaged by Karratha’s LNG and iron ore boom drawing high-income workers, but challenged by remote Pilbara isolation, hot climate demanding AC and pool upkeep, and fly-in fly-out lifestyle disrupting community feel. Demographics skew toward working families and transient professionals aged 25-44, with above-average incomes from resource jobs supporting rental stability. No major new projects flagged nearby, but regional mining expansions sustain population inflow. Rental yield looks robust at current lease rates against estimates around $780k value, with growth potential from ongoing industry demand and limited supply. Opportunities lie in holding for lease extension post-2026 or adding value via second bathroom. Risks include vacancy if mining slows, high council rates around $2900pa plus water $1189pa, and maintenance on pool or shed in harsh conditions.