38 Rosebery Street, Jolimont WA 6014

Older construction | Limited land | School zone verified | Solar reduces outgoings The property presents a moderate risk in unit value growth compared to newer builds within the catchment. A 1995 build on 483m² means capital expenditure on systems and finishes will likely occur within a decade, costing an estimated $60,000–$100,000. The primary opportunity is the Shenton College intake zone, which compresses vacancy risk and supports stable rental demand at $1,355 per week. Hold for family use or long-term rental, not for short-term flipping. Competitively, the house is rare for its size and school access in Jolimont, where 85% of street residents are owner-occupiers. The 272m² floorplan, solar panels, and three car spaces suit a family seeking low-maintenance living with strong schooling. This property best serves a buyer who values location and school certainty over architectural distinction. To test your assumptions, review recent comparable sales in the Shenton College catchment and commission a building inspection before the offer deadline.