37 Davis Street, Boulder WA 6432

1930s villa | 3 beds on 506m² lot | 3 car spaces | FTTP NBN | Boulder Primary catchment This property presents a distinct proposition as a large-format, character villa on a half-thousand square metre lot, a configuration increasingly rare in its price segment. Its three secure car spaces and outdoor living amenities directly serve the practical needs of a family or tradesperson, positioning it as a high-utility holding in a established government school catchment. The 2016 sale price anchors a clear value trajectory, with the current offer range reflecting moderated but solid growth, making it a candidate for a long-term occupant or a rental targeting family tenancy. The primary risk is the inherent illiquidity and maintenance liability of a 94-year-old structure, where unseen defects could rapidly consume equity. The opportunity lies in securing a land-rich parcel where future subdivision potential, though not indicated, is a logical long-term speculation given the lot size. The commercial logic supports a purchase at or below the lower estimated market value, to be held for capital appreciation driven by land content, with its current rental estimate providing a baseline income offset.