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176A Hare Street, Lamington WA 6430

Offers Over $399,000

Search Band Search Visibility Band

$300k - $400k High Confidence Calculated based on strong search observations.

House 4 Beds 2 Baths 1 Car 633 m²

Listed: 15th Aug 2026

Updated: 40 days ago

Overview

Situated on a generous 633 square metre allotment in the desirable suburb of Lamington, this property is a compelling choice for investors seeking an income-producing asset with character and flexibility. The well-maintained main residence offers a delightful blend of period charm and practical modern comforts, anchored by features like high ceilings, timber floorboards, and a cosy wood fireplace, complemented by evaporative cooling to ensure comfort during warmer months.

A key highlight is the addition of a self-contained granny flat accessible through the main home, providing versatile living options that can cater to extended family, guests, or enhanced rental opportunities. This dual-dwelling setup enhances the property's earning potential immediately, as it is currently leased for $580 per week with a lease running until November 2026, assuring steady cash flow for the foreseeable future.

Outdoor living is well catered for with a rear entertaining area, an ideal space for relaxation or hosting gatherings, alongside useful extras such as a garden shed and a single carport. The inclusion of bottled gas further adds to the home's practical appeal. With no strata fees, and manageable council and water rates, the property combines lifestyle appeal with sound investment fundamentals.

Spacious main home with three bedrooms and one bathroom
Self-contained granny flat connected to the main residence
Established rental income secured through a long-term lease
Character-filled interiors featuring timber flooring and a wood fire
Evaporative air conditioning enhances comfort
Outdoor entertaining area perfect for socialising
Additional storage via garden shed and convenient single carport
Generous block size offers ample space for family or future improvements
Ideal for investors or those seeking flexible multi-living accommodation

Local Market Insights

In Lamington, Quiet Listings observed 26 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 $601,115. The property type mix of listed properties is predominantly Houses at 77%, followed by units (14%), and townhouses (6%). The most active agency for houses in the Lamington area is currently First National, representing 50% of new listings, followed by John Matthew & Sons with 23%. 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.