65 Montgomery Parkway, Ravenswood WA 6208

New build in established street | Flood overlay present | Strong rental yield potential | 5G & fibre connectivity This property presents a competitively strong offering as a modern, low-maintenance house in a developing precinct. Its 2021 construction date minimizes immediate capital expenditure, while the four-bedroom format serves both the family owner-occupier and the investor seeking a durable rental. The estimated rental yield, derived from the provided valuation, is robust for a house of this type, suggesting solid investment fundamentals. The presence of new builds on the street indicates ongoing area renewal, which typically supports capital stability. The primary decision factor is the government-identified flood overlay, a tangible risk that necessitates specific due diligence, likely affecting insurance premiums and future resale ease. The lot coverage of 34% is efficient, though the absence of detailed land attributes limits a full assessment of utility. For a buyer, this property is best held as a long-term rental; its modern features align with tenant demand, and the yield helps mitigate the endemic risk posed by the flood designation. Proceed contingent on a flood impact report and confirmed insurability. Recent sales and listings contextualize this property’s position. At $799,000, it is priced above the recent comparable sale at 10 Bibbulmun Meander ($695,000) but below the aspirational listing at 40 Montgomery Parkway (offers over $899,000). The under-offer status of 23 Lloyd Avenue signals active market demand in this price bracket. This spread suggests the subject property is positioned at the upper mid-range, relying on its newness to justify the premium over recent sales but requiring the flood risk to be fully priced in.