4 Ebony Elb Warnbro WA 6169
4 Ebony Elb Warnbro WA 6169
Large family lot with dual income | 6 beds, 3 baths across two dwellings | Fully tenanted with established yield | No overlays simplifies due diligence | 1993-built in established suburb.
This property presents a distinct configuration for the area, combining a substantial 716mΒ² lot with two separate, functional residences. This duality is competitively rare, offering immediate dual rental income or extended family accommodation, positioning it strongly for an investor seeking cash flow or a owner-occupant requiring multi-generational living. Its lack of development overlays and recent sale history provide a clear, uncomplicated transaction framework.
The primary decision hinges on reconciling the conflicting building size data and validating the actual rental income against quoted estimates, as the current gross yield appears modest. The commercial logic is in holding the property for its dual-income function while capitalising on the lot size in an older suburb. Proceed with a focused due diligence on building dimensions and tenancy agreements; our property report would clarify its real market valuation and identify any locality-specific risks for insurance and long-term holding.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Warnbro is a mature residential suburb with a market defined by strong buyer demand, evidenced by rapid house sales and robust transaction volumes. This demand is driven by owner-occupiers within a moderate income bracket, creating a stable, active market. House prices are appreciating solidly, while the unit segment shows less momentum. Future growth is supported by sustained buyer interest, though affordability pressures relative to broader Perth and a less dynamic unit market present notable constraints on overall performance.