91 Kingfisher Avenue, Ballajura WA 6066

91 Kingfisher Avenue, Ballajura WA 6066
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.

Market Insight:

Ballajura is a family-centric suburb with a strong trades-based demographic, driving consistent demand for established houses. This demand, anchored by high household formation, has fueled robust price growth and a notably fast-moving market. Future prospects are supported by its established community and infrastructure, though affordability pressures and sensitivity to interest rates present key constraints for the market’s trajectory.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

376m²

Built

Recent Assessments