288 Flamborough Street, Doubleview WA 6018
288 Flamborough Street, Doubleview WA 6018
3BR/1BA established home on a 660m² corner lot valued at $1.94m with a strong 5% gross rental yield.
Property Overview
A three-bedroom, single-bathroom house built on a 660-square-metre lot with 271 square metres of floor space. The dwelling features built-in robes, split-system air conditioning, floorboards, and full fencing. Parking includes three car spaces with two garage bays and one carport. The property sits within Stirling council boundaries with no bushfire, flood, or heritage overlays affecting it.
Market Positioning and Demand
Valuation estimates vary across platforms, ranging from $1.41m to $1.94m, with the latest assessment at $1.944m. This variance suggests recent market movement or differing assessment methodologies. The property.com.au valuation of $1.944m represents the most recent assessment, and the asking price appears toward the higher end of comparable recent sales on Flamborough Street, where similar three-bedroom homes have sold between $1.3m and $1.67m. The rental potential is about $965 per week, indicating a 5% gross yield on the $1.94m valuation. The configuration appeals to owner-occupiers seeking established suburban living with minimal renovation, and the three-car parking plus outdoor space suggests appeal to families or professionals requiring workspace. Demand appears moderate, reflected in the listing remaining active. The property falls within intake zones for Doubleview Primary School and Churchlands Senior High School, with infrastructure supporting remote work.
Detailed Independent Property Report prepared by PropCred Analyst team for 288 Flamborough Street, Doubleview WA 6018
Market Insight:
Doubleview is a well-established family suburb with strong transport links, anchored by its primary school catchment. Demand is driven predominantly by professional couples with children, seeking established suburban living. Recent house price growth has been robust, supported by solid rental yields and a competitive sales market, though increased stock levels indicate a potential shift in supply dynamics. Future growth will be sustained by its family appeal, yet sensitivity to interest rates and affordability constraints present key considerations.