24 Selacosa Avenue, Alkimos WA 6038

4 bed, 2 bath, 380sqm block | 222sqm home | Alkimos College catchment | 5G coverage | No overlays This property offers a rare combination of a newer build on a compact block with a high 58% building coverage, which maximizes internal living space while minimizing garden maintenance. Its positioning within the Alkimos College and John Butler Primary College intake areas makes it a strong option for families seeking a direct school commute, with both schools within 800 meters. The absence of bushfire, flood, or heritage overlays reduces insurance and compliance costs, and the 5G coverage supports modern connectivity without relying on NBN as a prime value driver. This property suits buyers who prioritize efficient floor plans, low-maintenance land, and proximity to established educational infrastructure over a large backyard. The primary risk is the land size: at 380sqm, it limits future subdivision or significant capital appreciation from land value alone, and the 58% building coverage leaves minimal outdoor space for expansion or resale appeal to buyers seeking larger lots. The property last transacted in February 2024 for $880,000, and while the current estimated value of $1,250,000 suggests growth, buyers should verify if that reflects market movement or speculative pricing. The 7-day average days on market for the area indicates quick turnover, but this property has been listed only 5 days, so early negotiation leverage may be limited. For a buyer, the commercial logic is to hold this as a long-term family home, leveraging the school catchment for sustained demand, and avoid overpaying given the constrained land component.