Fully renovated 1989 house | 4 beds, pool, prime Ballajura locale | Conflicting land size | Targets first-home buyers & investors
This property presents a competitively strong, modernised home in an established family suburb, distinguished by its complete high-spec renovation and swimming pool. The configuration serves multiple buyer profiles effectively; the turnkey condition eliminates immediate capital outlay for an investor or first-home buyer, while the single-level layout and proximity to amenities suit downsizers. Its prime positioning within walking distance to major shopping centres and schools anchors its rental and owner-occupier appeal, translating to stable demand.
Proceed with disciplined due diligence on the critical land size discrepancy, as a 376m² parcel carries materially different value and utility than 766m². The bushfire overlay necessitates insurance cost verification. The commercial logic is clear: acquire a yield of 4-5% from a property that is superior to typical 1989 stock, with the renovation premium already paid. This is a hold asset for either long-term rental or a five-year owner-occupancy cycle to amortise the renovation cost.
Recent sales data is conspicuously absent, with only an off-market estimate for a nearby property at $900k noted. This lack of transparent, recent comparable sales in the report undermines precise valuation and requires your agent to conduct immediate, verified comparisons to establish a credible market price.