38 Eureka Place, Seville Grove WA 6112

3-bedroom 1991 house | 528sqm lot with 23% coverage | 2 living areas plus courtyard | strong owner-occupier street profile The property’s configuration—two living areas, outdoor entertainment space, and a fully fenced 528sqm lot with low 23% building coverage—offers rare flexibility for a 1991 house in this price bracket. The 3-car secure parking and shed add functional depth that competing houses often lack. This positions the house well for a buyer seeking a long-term family home or a hold property with rentability, given the street’s 75% owner-occupier profile and the suburb’s consistent sales volume. It serves best a buyer who values usable space and low-maintenance outdoor area over cosmetic finish. The heritage overlay introduces a specific risk: future renovations or extensions may require council approval, which could limit capital improvement options and add holding costs. The evaporative cooling and FTTN NBN are functional but not premium features, meaning the buyer should budget for potential upgrades to align with market expectations. The 2013 sale date suggests no recent renovation, so condition inspection is critical. The opportunity lies in the lot’s low coverage—allowing for a possible rear addition or granny flat subject to council approval—which could lift value above the $762,000 estimate. Hold for medium-term capital growth or use as a stable rental yielding near $655 per week.