4 Cramer Court, Mount Tarcoola WA 6530

1992 build | 787m² cul-de-sac block | 4-bed, 2-bath brick home | Mount Tarcoola Primary catchment This property presents a competitively strong offering due to its scarcity profile within the local market. The four-bedroom, two-bathroom configuration on a large, low-coverage block in a quiet cul-de-sac is a rare find in Mount Tarcoola, directly serving families seeking proximity to the primary school. Its separate living zones and ducted cooling enhance livability, while the established lease provides an immediate income pathway, making it equally viable as a long-term home or a buy-and-hold investment. The primary decision hinges on reconciling the significant price appreciation since 2021 with the current rental yield. The established tenancy locks in below-market income, creating a short-term opportunity cost against potential vacancy and re-leasing at a higher rate. For a buyer-investor, the commercial logic is to honour the lease for stability, then adjust the rent to align with market estimates post-September. This property should be held for the long term to capitalise on its land component and location, not traded for short-term gains. Recent Sales Context: – Last sold October 2021 for $339,000. – Listed September 2021 at $349,000, sold within 24 days. This 90% increase in under five years demonstrates intense local demand, particularly for this size and type of property. It establishes a high-velocity precedent, indicating strong buyer appetite that supports the current pricing trajectory.