74 Muriel Court, Cockburn Central WA 6164

Modern 3-bedroom build in Cockburn Central | compact 168sqm lot with high land-to-building ratio | 90% owner-occupied street in a growing estate | fixed-date sale with strong rental yield potential This property presents a rare opportunity for a buyer seeking a near-new house in a tightly held estate where owner-occupiers dominate. The 80% building coverage on a 168sqm lot is unusually efficient, effectively maximising living space without the maintenance burden of a larger block. Built in 2019, the house avoids the premium attached to brand-new stock while still offering modern insulation, wiring and fixtures. The street’s low rental turnover and quick suburb sales cycle (12 days median) suggest strong demand from families who value the Central Park Estate’s proximity to Cockburn Central amenities. This property suits a buyer who wants immediate occupancy in a low-risk, high-demand pocket and is prepared to act decisively in a competitive fixed-date sale. The bushfire overlay is the primary risk, potentially increasing insurance costs by 15–25% and narrowing the pool of future buyers who are comfortable with that premium. However, the absence of flood or heritage overlays simplifies due diligence. The compact lot limits future subdivision potential, but the high land-to-building ratio means the structure itself holds most of the value—a defensive position if land values soften. For an investor, the $705–$895 weekly rental range offers a gross yield of 3.6–4.6% at the estimated value, which is strong for a modern house in a growth corridor. Hold this property as a core residential holding; its age and location make it liquid enough to exit within 30 days if needed.