28 Markham Way Balga WA 6061

3-bed house on 462sqm | 66% building coverage with flexible layout | 90% owner-occupied street | Warriapendi and Balga Senior High intake zone The property’s competitive strength lies in its high building coverage and flexible floorplan, offering two additional partitioned rooms that function as a home office or fourth bedroom—rare for a 1970s house in this price bracket. Positioned on a street with 90% owner-occupiers and 43% long-term residents, the buyer gains a stable, low-turnover micro-location that supports both capital preservation and rental demand. The property suits a family seeking school catchment certainty or an investor targeting the $715 weekly rental estimate, with solar panels and air conditioning reducing holding costs. The main risk is the 66% building coverage, which limits scope for future extension or subdivision without rezoning—this caps long-term land value uplift. The single living area and two-bathroom configuration (some sources note one) may narrow appeal to smaller households or tenants. The opportunity lies in leveraging the existing layout for dual-income tenants or a home-based business, given the FTTP NBN and 5G coverage. Hold for steady rental yield and moderate capital growth aligned with Balga’s median trajectory; avoid overcapitalising on cosmetic upgrades.