5 Avocet Grove, Ballajura WA 6066

A well-presented 4-bedroom, 2-bathroom family home on a large 702 sqm block , this asset stands out as a renovated lifestyle-oriented property within Ballajura’s established housing stock. Originally built in 1989, it has been modernised with multiple living zones, updated interiors, and strong entertainment features including a pool, decked outdoor area, and open-plan living-positioning it above typical stock for the suburb. From a valuation standpoint, the property sits around $1.04M-$1.08M (range ~$900K-$1.18M), placing it materially above the suburb median (~$875K for 4-bed homes). This premium is justified by land size, renovation quality, and lifestyle appeal. Comparable sales in Ballajura over the past 6-12 months (~$950K-$1.15M) support this positioning, indicating the asset is aligned with the upper quartile of the local market. Rental performance is particularly strong, with estimated income around $1,000-$1,040/week, implying a yield of ~5.0%+, which is above Perth metro averages and signals high tenant demand for upgraded family homes. This reflects Ballajura’s affordability relative to inner Perth (~14km from CBD) and its appeal to family renters. Strategically, this is a yield + lifestyle hybrid investment. The key upside lies in continued rental demand and scarcity of renovated homes in this price band, while long-term growth will track broader Perth suburban expansion. Overall, it suits investors seeking strong cash flow with moderate capital growth, or owner-occupiers prioritising upgraded living over new-build premium.