34 Lionel Road, Darlington WA 6070

Large land in high-growth suburb | 1977 house with modern updates | Bushfire overlay managed | Strong rental yield potential This property presents a compelling opportunity based on its substantial land holding in a suburb experiencing strong capital growth, where the lot size is a definitive and increasingly rare advantage. The house, while older, has been updated with practical features like ducted cooling, solar panels, and multiple living areas, positioning it for comfortable owner-occupation or immediate rental appeal. It serves families or investors seeking a long-term holding in a well-serviced, family-oriented community, with its asking price strategically below the current median offering clear entry into this market. Your decision hinges on accepting the operational responsibility and potential insurance costs associated with the bushfire overlay, a tangible risk mitigated by the property’s established setting. The commercial logic is clear: secure a high-value land component in a rising market, utilise the solid rental income to offset holding costs, and benefit from incremental value uplift through the area’s momentum. This is a hold-and-accumulate property, not a short-term trade. A recent comparable sale on the same street provides a direct benchmark: – House 4, Lionel Road: Sold for $1,130,000 in May 2025, advertised for rent at $900 per week in August 2025. This transaction validates the local demand for this configuration and suggests the subject property’s estimated value of $1,134,000 is credible, while its current asking price of $899,000 represents a significant potential entry point.