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Overview
This well-maintained three-bedroom house in Millars Well presents an excellent investment opportunity, currently leased until March 2027 with a secure tenant in place at $1500 per week. Strategically positioned on a spacious 581 square meter block, the property combines comfort with low-maintenance design, appealing to investors looking for steady rental returns.
Recent updates have resulted in a modern kitchen highlighted by an island bench, gas cooktop, quality benchtops, and ample storage space, enabling practical meal preparation and entertaining. The open-plan living and dining area benefits from durable terracotta floor tiling, offering a resilient and stylish finish that complements the neutral interior palette, attracting a wide range of tenants.
Each bedroom features built-in robes alongside timber-look flooring, split-system air conditioning, and ceiling fans, contributing to a comfortable environment year-round. The bathroom includes a tub, which is a practical family-friendly feature, while the laundry is designed for exceptional storage and convenience.
A standout feature of this property is the expansive covered patio wrapping around the rear, providing a generous outdoor living space suitable for year-round enjoyment. Landscaping with artificial turf and established garden beds, combined with secure fencing, ensures minimal upkeep. The oversized driveway and additional hardstand area offer ample off-street parking options for multiple vehicles and visitors.
Overall, this property represents a smart addition to any investment portfolio, combining modern upgrades, tenant security, and strong rental potential in a well-positioned setting.
Local Market Insights
In Millars Well, Quiet Listings observed 23 new houses entering the market over the last 30 days, down from 68 during the previous 30-day period, with an average advertised asking price of $802,652. The property type mix of listed properties is predominantly Houses at 77%, followed by apartments (13%), and townhouses (7%). Realmark was the most active agency in this area, representing 60.0% of all new listings in the last 30 days. 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.
Change History
| Headline | When |
|---|---|
| Under Offer | |
| Offers From $550,000 |
Location
Millars Well WA 6714
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 95 m² |
Market Insights for Millars Well WA 6714
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