195 Albert Street, Osborne Park WA 6017

1987 build | 3 bed 2 bath | 4 carport spaces | 370m² land | Osborne Primary catchment This property presents a low-maintenance, practical house on a substantial block with strong car accommodation, situated within walking distance of a primary school. Its neutral presentation and functional layout appeal to owner-occupiers seeking a ready home, while the four covered car spaces offer utility for trades or multiple vehicles. The lack of overlays simplifies the purchase process. It is best suited to a buyer prioritizing land size and convenience over modern finishes. The primary risk is valuation compression; the asking price sits at the top of its estimated range with limited days on market to test genuine demand. The discrepancy in reported bedroom count requires immediate verification. For an investor, the absence of a rental estimate introduces uncertainty, though neighbouring yields suggest plausible income. Proceed with an offer contingent on a building inspection and a valuation aligning with recent, true comparable sales, not just street data. Recent street transactions indicate varied property types and yields: – 146A Albert St (3/2/2): Sold $830k, rents $800/wk (~5.01% yield) – 89D Albert St (3/2/4): Sold $725k, rents $780/wk (~5.59% yield) – Several 2-bedroom units sold between $345k-$470k with yields from 4.69% to 7.84%. This mix confirms higher land value houses command lower yields, positioning 195 Albert Street as a capital growth play rather than high cash flow.