20 Belches Loop, Seville Grove WA 6112

Brand new construction | Tenanted until late 2026 | Below-estimate pricing | Compact lot vs suburb norm This property presents a competitively strong, low-maintenance entry into the market with immediate cash flow secured by a fixed-term tenancy. Its brand-new condition eliminates near-term capital expenditure, while the modern finishes and functional layout cater directly to the tenant demand that defines this family-oriented locality. It serves best as a set-and-forget investment for a buyer prioritizing yield stability over land appreciation, given its smaller parcel size relative to typical suburban stock. The primary decision hinges on accepting constrained land value growth due to the 207m² lot, a tangible trade-off for the premium of new construction and secured tenancy. The current asking price, notably below the provided estimated value, offers a commercial logic for yield-focused acquisition, provided due diligence validates the tenant agreement and property condition. This property should be held as a medium-term income generator, not a land banking play. Our analysis would pressure-test that valuation estimate and detail locality-specific risks, from council overlays to insurance exposures, to confirm this position. * **20 Balivanich Loop (535m², 4 bed/2 bath):** Estimated value $1,036,000-$1,099,000. This larger, established home on a significantly bigger lot anchors the upper value range for the area. * **Nearby 4-bedroom rentals:** Indicative range of $710-$815 per week, providing a benchmark that contextualizes this property’s $630 weekly income against its smaller size and newer build. The comparable data confirms this property is positioned at a more accessible price point, reflecting its compact land component. The established rental range suggests potential for moderate rental growth upon lease renewal, aligning with its modern, tenant-ready features.