28 Smitherson Street, Noranda WA 6062

Fully renovated four-bedroom family home on a 650sqm block with a pool | $1.43M valuation Property Overview A completely renovated four-bedroom, two-bathroom house on a generous 650 square metre block. The 213 square metre plan centers on an open-plan kitchen, dining and living area with a sunken theatre room. The master bedroom includes a walk-in robe and ensuite, while three additional bedrooms offer built-in storage. A plunge pool, covered patio and timber deck occupy the entertaining zone, with a double remote-access carport providing secure parking. Location and Accessibility Noranda sits within the Bayswater council area, approximately 15 kilometres east of Perth’s CBD. The suburb offers proximity to Camboon Primary School and Morley Senior High School, relevant for families with school-aged children. Infrastructure includes NBN Fibre to the Premises and 5G mobile coverage. A bushfire overlay exists on the property, a consideration for insurance and future development restrictions in Western Australia’s fire-prone regions. Rental Yield and Investment Metrics Estimated weekly rental income sits at $975, with a range between $880 and $1,070 weekly. Against the $1.43 million valuation, this generates approximately 2.6 percent gross annual yield. The rental positioning suggests moderate investor appeal, though the property’s family-oriented configuration may limit short-term rental viability. Demand Indicators and Market Timing The end date sale format suggests competitive interest or vendor-driven urgency. Noranda demonstrates 82 percent owner-occupancy rates, indicating a stable residential market with limited investor saturation. The search band of $1.5 million to $1.72 million reflects valuation uncertainty, potentially signalling negotiation space or market volatility in this price segment. Configuration Strengths and Limit The open-plan living arrangement suits contemporary family preferences but reduces privacy between functional zones. Four bedrooms accommodate growing families or multi-generational households. The plunge pool adds lifestyle appeal but introduces ongoing maintenance costs and potential insurance implications. Building coverage of 33 percent leaves substantial land for future extensions, though council approval requirements apply. Growth Drivers and Risk Factors Proximity to established schools and local amenities provides stability rather than speculative growth. The bushfire overlay presents insurance cost considerations and potential future building restrictions. Noranda’s established character suggests incremental rather than rapid capital appreciation. The fully renovated state eliminates immediate upgrade opportunities, reducing value-add potential for investors seeking renovation projects. Positioning Summary This represents a turnkey family residence in a stable suburban setting, suited to buyers prioritising immediate occupancy and established infrastructure over growth speculation. The rental yield indicates modest investment returns, positioning it primarily as owner-occupier accommodation rather than a yield-focused investment vehicle.