2/33 Boundary Road, St James WA 6102

2/33 Boundary Road, St James WA 6102
Modern villa | 2020 build | 137sqm living | compact 261sqm lot | 3 bed 2 bath with double garage This property is competitively positioned as a nearly new villa in a suburb where older housing stock is more common, giving it a clear advantage in condition, energy performance, and low-maintenance appeal. The 137 square metres of living space is generous for a villa of this era, and the double garage is a genuine rarity in compact infill developments. It serves the downsizer or professional household best, offering single-level practicality without the compromises of an older home, and the school catchment adds family appeal without the property feeling like a family home. The street setback and brick-and-tile construction suggest it holds its own against neighbouring stock in terms of presentation and privacy. The compact 261 square metre lot may limit future extension potential, which matters if the buyer plans to stay long term or add value through renovation. The absence of bushfire, flood, or heritage overlays is neutral but removes a negotiation point that sometimes affects older properties nearby. The 2020 build year means the property is still within warranty period for structural defects, which may provide some comfort but also means any builder-related issues would need to be investigated promptly. The rental yield potential around 4.3 percent is reasonable for a modern villa in this corridor, but the buyer should verify whether that figure holds after accounting for strata levies or management costs that are not disclosed in the available information.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/33 Boundary Road, St James WA 6102
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk 2
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St James WA 6102

St James offers a highly accessible lifestyle defined by modern family infrastructure, expanding retail hubs, and extensive parklands, making it a magnet for first-home buyers and growing families seeking space and value. This strong demographic demand has driven consistent, volume-led price growth over the past year, cementing its appeal for both owner-occupiers and long-term investors. While the suburb provides excellent community amenities, buyers should watch out for the ongoing pipeline of new land releases nearby, which can occasionally moderate rapid short-term capital gains.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

261m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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