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Overview
This established three-bedroom, one-bathroom residence in West Lamington presents a compelling investment opportunity in a sought-after suburb of Kalgoorlie. Set on a generous 509 sqm block, the home offers a practical floorplan tailored to appeal to tenants, making it a viable option for both first-time and seasoned investors looking to secure a property with strong rental demand.
The location benefits from established infrastructure and proximity to the amenities of Kalgoorlie-Boulder, adding to its long-term growth potential. With a layout designed for rental appeal and generous outdoor space, the property caters to tenants seeking comfortable, functional living within an established residential community.
West Lamington has demonstrated solid recent price growth, underpinned by ongoing demand for rental accommodation and residential property. The current lease, generating $570 per week until August 2026 with a subsequent increase to $670 per week, further highlights the property's immediate income potential.
Investors aiming to expand or enter the rental market will find value in securing an established asset in an area poised for continued growth rather than undertaking new developments.
- Three-bedroom home with a proven rental-friendly layout.
- Generous land size providing ample outdoor space for tenants.
- Strong tenant demand in a stable residential neighborhood.
- Located in a market with demonstrated recent growth trends.
- Current lease agreement ensuring steady rental income with an increase scheduled.
This solid addition to any portfolio offers reliable returns and a strategic foothold in West Lamington's housing market.
Local Market Insights
In West Lamington, Quiet Listings observed 28 new houses entering the market over the last 30 days, up from 20 during the previous 30-day period, with an average advertised asking price of $523,857. 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
West Lamington WA 6430
Market Insights for West Lamington WA 6430
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