23 Calista Avenue, Calista WA 6167

23 Calista Avenue, Calista WA 6167
850mยฒ block | pool detected | 1967 build | Calista Primary zone | 8 days on market This property offers a rare combination of a generous 850mยฒ lot and a detected swimming pool, both of which are increasingly scarce in the Calista market. The 1967 build provides a solid foundation for renovation or extension, and the 35% building coverage leaves significant room for value-add improvements. Positioned within the Calista Primary School intake zone and with Gilmore College nearby, it serves families seeking established infrastructure without premium pricing. The short time on market suggests limited competition, giving a buyer negotiating leverage. The main risk is the property’s age, which may require immediate attention to plumbing, electrical, or roofing. The pool, while a feature, adds ongoing maintenance costs and may deter some buyers. The estimated value range of $750kโ€“$820k and rental potential of $580โ€“$645pw indicate moderate yield, not exceptional. A buyer should budget for a pre-purchase inspection and consider a holding period of 5โ€“7 years to capture area growth. Hold for repositioning or renovate to unlock equity.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Calista presents as an affordable, established suburb with a demographic skew towards mature households and trades-based occupations, driving stable family-oriented demand. The market has demonstrated robust capital appreciation recently, supported by healthy sales activity and competitive days on market. Future growth appears linked to its relative affordability, though its trajectory may be tempered by a limited unit market and a demographic profile suggesting lower turnover potential.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

850mยฒ

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