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50 Ward Street, Lamington WA 6430

$495,000

Search Band Search Visibility Band

$400k - $500k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 1 Car 809 m²

Listed: 23rd Jul 2026

Updated: 31st Jul 2026

Overview

Set within the sought-after area of Lamington, this character home built in 1935 offers a blend of timeless charm and practical living designed to appeal to those seeking an investment with lifestyle potential. The property occupies a generous 809sqm block, providing ample outdoor space for families or hobbyists.

The home features three comfortably sized bedrooms and a modernised bathroom complete with both a shower and bathtub, enhancing functionality for everyday use. Multiple living areas and a versatile study/activity room present flexible options for family living, hobbies, or working from home, accommodating various lifestyles.

The kitchen stands out for its spacious layout, incorporating gas cooking and a dishwasher, supporting both convenience and culinary pursuits. Comfort is maintained throughout the year with split system air conditioning complemented by evaporative cooling, ensuring an inviting environment regardless of season.

Outdoor entertaining is a key highlight, with a decked area overlooking a below-ground swimming pool, ideal for relaxation or social gatherings. Additional features include a powered shed accessible via rear lane access, offering secure storage or workshop space, and a single carport providing convenient parking.

While the property requires some remedial flooring and stumping work, quotations have been obtained and costs have been incorporated into the asking price. This transparency enables buyers to invest with a clear understanding of future improvements, ensuring confidence in the purchase.

Currently leased until August 2026, this residence presents immediate rental income, making it an attractive proposition for investors looking to secure a well-located character home with strong growth prospects.

Character home with heritage appeal set on a substantial 809sqm block
Three bedrooms with updated bathroom and versatile living spaces
Spacious gas kitchen and year-round climate control
Inviting outdoor entertaining area with swimming pool
Secure powered shed and single carport add practical value
Leased until 2026 delivering steady rental returns
Pricing reflects necessary remedial works for peace of mind

This property is well suited to investors seeking stable income with future upside, or homeowners who value space and classic character in a prime location. The immediate income stream coupled with lifestyle features makes this a standout opportunity in the Lamington market.

Local Market Insights

In Lamington, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $660,630. The property type mix of listed properties is predominantly Houses at 76%, followed by units (14%), and townhouses (5%). The most active agency for houses in the Lamington area is currently First National, representing 48% of new listings, followed by John Matthew & Sons with 26%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.