31 Northgate Promenade, Bushmead WA 6055

Modern 2021 build | double garage + study | low maintenance 510sqm | tightly held Bushmead estate This property presents a rare opportunity in Bushmead’s tightly held estate. The 2021 construction by Redink Homes offers a modern floorplan with two living areas and a study, which is competitive for families seeking separation of space without moving to an older home. The double garage is a genuine edge in this price bracket, and the solar panels, reverse-cycle air conditioning, and NBN Fibre to Premises reduce ongoing costs. The outdoor area with honed concrete and Venetian plaster extends living space with a premium finish. This house suits buyers who value a turnkey, low-maintenance home in a established estate with parkland surrounds and good school access. The bushfire overlay is the primary risk, potentially increasing insurance costs and limiting some financing options. The heritage overlay adds a layer of approval risk for any future external changes. The estimated value range of $1.445m to $1.446m sits above the current list price, suggesting some negotiation room, but the alternative estimate near $1.16m signals caution. Rental potential of $885 to $1,035 per week offers a solid hold strategy if plans change. Buyers should commission a bushfire assessment and confirm insurance premiums before committing. This property works best as a long-term family home or a low-touch investment in a constrained suburb.