8 Hare Street, Lamington WA 6430

Goldfields character home | renovated ensuite & bathroom | split system & ducted cooling | powered workshop | smaller 538m² block This property presents a competitively strong, fully renovated character home in a stable neighbourhood. Its modernised interiors, including a main suite with claw foot bath, coupled with extensive air conditioning and practical outbuildings, position it above basic stock for either a comfortable owner-occupier or a high-yield rental. It serves a buyer seeking immediate livability or a turnkey investment, avoiding renovation cost and delay. The primary decision weighs its premium finishes against a smaller land parcel relative to some local sales, which may moderate capital growth. The clear commercial logic is its demonstrated high rental yield potential from comparable properties. Hold as a long-term rental; its character and condition justify a stable holding period to realise yield and incremental growth. Recent Hare Street sales demonstrate a clear yield-based market. 126 Hare St rented for $500/week after a $299k purchase, a 8.7% yield. 170 Hare St achieved a 9.9% yield at $600/week on $315k. This property’s superior configuration at $350k suggests it should command the upper end of this rental range, solidifying its investment appeal.