73 Alabaster Approach, Jindalee WA 6036

73 Alabaster Approach, Jindalee WA 6036
New build | tenanted at $630 | small 180mยฒ lot | near schools | investment-ready This property presents a rare combination of near-new construction and immediate income. The existing lease at $630 per week positions it as a turnkey investment with a gross yield near 4.2%, which is competitive for Jindalee’s owner-occupier-heavy market. The 2023 build minimises immediate maintenance risk, and the compact footprint suits an investor seeking low upkeep. Its location near John Butler Primary College and Alkimos College adds long-term rental appeal for families, the dominant demographic here. This house best serves a buyer prioritising cash flow over land banking. The small 180 mยฒ lot limits future capital growth relative to larger blocks, and the tenancy until June restricts owner-occupier access. The street’s limited recent sales make price verification difficult, so the final figure may exceed the guide in a fast-moving market with 14 average days on market. Any builder warranty issues from a 2023 build should be checked, and body corporate restrictions may apply. The opportunity lies in securing a near-new, income-producing house in a suburb with strong owner-occupier demand and low rental turnover.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 73 Alabaster Approach, Jindalee WA 6036
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Market Insight:

Jindalee is a tightly held coastal suburb with a clear demand premium for houses, evidenced by exceptionally rapid sales and strong price growth. This market is driven by owner-occupiers seeking lifestyle, supported by high transaction volumes and low stock turnover. The sustained price appreciation reflects a competitive environment with constrained supply, particularly for units, which presents a key supply-side constraint for future diversity while underpinning house values.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

-

Land

180mยฒ

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