44A Lionel Street, Kalgoorlie WA 6430

44A Lionel Street, Kalgoorlie WA 6430
2 bed duplex on 987sqm | leased $500/fortnight to 2027 | 4.7% gross yield | large land for its size This property is competitively positioned as a low-maintenance duplex on a surprisingly large 987sqm lot, which is rare for a two-bedroom dwelling. The existing lease at $500 per fortnight until early 2027 provides immediate income certainty and suits an investor seeking a hands-on holding with a tenant already in place. Its configuration also appeals to downsizers or couples looking for a smaller footprint without sacrificing land, though the single car space and basic finishes mean it is not a premium owner-occupier home. In Kalgoorlie’s resource-driven market, this type of stock tends to attract steady rental demand from workers and investors alike. The asking price of $275,000 implies a gross yield around 4.7%, which is reasonable for a regional centre with a locked-in lease. The large land component may offer future subdivision potential or simply provide generous outdoor space, but no planning entitlements are confirmed. The lack of verified age, renovation history, or energy efficiency data means the property’s condition could affect its value, and the modest accommodation and single parking might limit resale appeal to a narrower buyer pool. These factors should be weighed when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 44A Lionel Street, Kalgoorlie WA 6430
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Market Insight:

Kalgoorlie is a regional mining hub with a market driven by trade-based employment, offering investors compelling rental yields. Recent price growth has been robust, supported by strong demand from a workforce with above-average regional incomes. The market moves quickly, with houses selling in under a month, indicating tight supply. Future growth is anchored to the mining sector’s stability, though this creates a key risk of sensitivity to economic cycles and interest rates, given the market’s reliance on investment yields.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

987mยฒ

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