CASH FLOW IS KING - TWO HOMES, ONE OUTSTANDING OPPORTUNITY!

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Location

Market Insights for Maddington WA 6109

New Listings (last 30 days)

Average price

$705,000

Lowest price

$500,000

Highest price

$799,000

11 Hibiscus Road, Maddington WA 6109

UNDER OFFER

Search Band

$650k - $700k Medium Confidence Calculated based on our search observations.

House 5 beds 2 baths 1 car 683 m²

Listed: 59 days ago

Updated: 13 days ago

Overview

This distinctive property at 11 Hibiscus Road, Maddington expertly balances versatility and income potential, presenting a unique investment and lifestyle opportunity. Designed for multi-generational living or dual-income rental scenarios, the home features a main residence alongside a fully self-contained granny flat, accommodating flexible living arrangements under a single roof.

The main residence offers ample space with four sizable bedrooms and a functional bathroom coupled with a roomy living area and kitchen that supports comfortable family living.

Complementing this is a separate granny flat complete with its own living room, bedroom, bathroom, and kitchen, providing true independent living. This setup not only enhances the property's appeal for extended families but also creates strong rental income prospects with potential total weekly returns around $1,000, subject to market conditions and approvals.

Step outside to find extensive outdoor living and recreational spaces tailored for entertaining and relaxation. A large patio extends the living area, ideal for hosting gatherings or enjoying quiet leisure time. The property also includes a below-ground swimming pool and a dedicated games room or rumpus area, ensuring varied entertainment options for all age groups.

Fronted by a tall double carport, the home offers versatile parking capabilities suitable for multiple vehicles and recreational equipment such as trailers and caravans.

Combination of substantial family home and self-contained accommodation
Multiple entertaining and living zones, including pool and games room
Strong dual rental income potential
Flexible living arrangements for investment or extended family use
Generous 683 sqm land parcel offers ample outdoor space

This property is well-suited to investors seeking reliable cash flow, families who value flexible multi-living options, or buyers desiring a versatile home that can adapt to changing needs. Offering both lifestyle appeal and financial advantages, 11 Hibiscus Road represents an outstanding proposition in Maddington's market.

Local Market Insights

In Maddington, Quiet Listings observed 16 new houses entering the market over the last 30 days, unchanged from 16 in the prior period, with an average advertised asking price of $705,000. The property type mix of listed properties is predominantly Houses at 80%, followed by apartments (10%), and units (5%). The most active agency for houses in the Maddington area is currently Stratton Realty, representing 19% of new listings, followed by Porter Matthews Metro with 13%. 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.