18 Evelyn Place, Bullsbrook WA 6084

4BR house in strong growth area, quick sales average 20 days, 4.8% rental yield, trades-heavy demographics. Spacious 4-bedroom, 2-bathroom home on a generous 800sqm block, built in the early 2000s with a double garage and established gardens. Offers large open-plan living, a separate theatre room, and an alfresco area ideal for family gatherings. The configuration suits multi-generational living or home-based work with dedicated office space. Positioned in a semi-rural pocket backing onto parkland reserves, it reflects Bullsbrook’s appeal as a quiet escape, 33km northeast of Perth CBD. Proximity to major highways enables easy commutes to Joondalup or Perth Airport, with nearby shopping precincts and medical centres. Disadvantages include longer drives to urban amenities and limited public transport, favouring car-dependent households. The home targets families with school-age children, young professionals in trades or aviation sectors, and investors seeking steady rentals, with residents largely earning $78k-$130k annually and a median weekly household income around $1,900, driven by trades occupations—well aligned with blue-collar buyers or tenants from nearby industrial hubs. Demand remains robust, with homes selling in under 20 days amid strong growth and rising newcomer influx to Western Australia. The rental market shows positive growth, supporting reliable occupancy near full capacity. Nearby schools include Bullsbrook District High (K-10) and Ellenbrook College (secondary). Demographics are family-oriented, with high homeownership and growing multi-family households. Growth is driven by suburban expansion, infrastructure upgrades, and policies supporting additional dwelling income, with new aviation and logistics projects boosting job inflows. Rental yield sits around 4.8%, appealing for steady cash flow with gradual rent??. Opportunities exist for value-add renovations or subdivision potential on the large lot, with steady appreciation from low inventory. Risks include higher mortgage rates, potential rental regulatory tweaks, and reliance on regional job stability amid broader market cooling, but the property remains suitable for a long-term hold in a demand-hot suburb.