17 Andromeda Street, Rockingham WA 6168

High yield | 1976 build risk | zone holds upside | buyer competition may be thinner The 1976 construction and 28% building coverage signal capital expenditure risk for a buyer, particularly if the Airbnb model shifts under local short-stay regulation. The six-bedroom layout, while generating strong weekly income, introduces vacancy concentration—if the tourism or rental market turns, this property carries higher holding costs than a standard 4×2. As a hold, it demands active management; as a long-term residential holding, the 662m2 lot on a corner offers subdivision optionality that the current yield already supports. The judgment is straightforward: buy for cash flow now but plan for a five to seven year hold to extract land value. Its competitive edge is the six-bedroom count on a single level in Rockingham’s family market, rare for 1976 stock. The FTTP and council zoning without overlays simplify a future duplex or granny flat play. This property serves an investor willing to self-manage or a family needing space in a school catchment, not a passive owner. The strengths are positional and functional not cosmetic so the inspection must confirm the roof and slab condition before any offer decision.