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Overview
Positioned in the suburb of Somerville, this tidy unit presents a solid investment prospect with a current lease yielding stable rental income.
The property includes two bedrooms, each enhanced by built-in wardrobes, offering sufficient storage and comfort for tenants or small households. The single bathroom and formal lounge area provide essential living spaces without unnecessary complexity, favoring functionality and ease of maintenance.
Central to daily living needs, the combined kitchen and dining area is fitted with an electric cooktop, supporting efficient meal preparation and family gatherings. The backyard, requiring minimal upkeep, features a garden shed that adds practical storage solutions for outdoor equipment or tools, while the front verandah extends a welcoming space for relaxation and leisure, subtly enhancing the property's street appeal.
- Secure undercover parking available, ensuring convenience and protection for vehicles.
- Evaporative air conditioning is integrated, contributing to occupant comfort across warm seasons.
- The electric hot water system supports daily utility requirements efficiently.
- The property is leased at $580 per week to January 7, 2027, providing long-term rental income stability.
This investment suits buyers seeking an uncomplicated asset in a convenient location with reliable tenant occupancy and manageable upkeep responsibilities.
Local Market Insights
In Somerville, Quiet Listings observed 11 new units entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $408,091. The property type mix of listed properties is predominantly Houses at 44%, followed by land (22%), and units (17%). John Matthew & Sons was the most active agency in this area, representing 67.7% 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.
Location
Somerville WA 6430
Market Insights for Somerville WA 6430
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