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8 Alberta Pocket, Joondalup WA 6027

$1.15 Million | Viewing By Appointment

Search Band Search Visibility Band

$1.15M - $1.27M High Confidence Calculated based on strong search observations.

House 5 Beds 3 Baths 2 Cars 240 m²

Listed: yesterday

Overview

This property offers a unique investment and living opportunity with a well-designed main house complemented by a fully self-contained studio above the double garage, ideal for multi-family living or rental flexibility.

The main house features a thoughtful layout with a large formal lounge downstairs alongside a bedroom, providing comfortable and versatile living spaces. The open plan kitchen and family/dining area connects seamlessly with an alfresco area, perfect for entertaining and indoor-outdoor living. Upstairs includes a master suite with a walk-in robe and ensuite, two generously sized bedrooms, and a shared bathroom, plus an additional family room enhancing the home's functionality.

Set in a highly convenient location, the property is within easy walking distance to key amenities including Edith Cowan University Joondalup Campus adjacent to the site, the Police Academy, Joondalup train and bus stations, Joondalup Hospital, the Lakeside Shopping Centre, as well as various cafés and restaurants, providing both lifestyle and practical benefits for residents or tenants.

The studio above the garage is completely separate, featuring a private entrance, living area, fully equipped kitchen, bedroom, and bathroom with laundry facilities, offering privacy and independent living quarters.

The property generates substantial income with current leases returning approximately $81,900 per annum. The flexible arrangement allows tenants to occupy either the studio or the main house while leasing the other for consistent rental yield. Furthermore, tenants cover utilities and professional cleaning, mitigating ongoing costs for the owner.

Included in the sale are all furniture and white goods, easing the transition for new occupants or investors seeking a turn-key investment.

Overall, this property is well-suited to investors seeking stable returns in a high-demand area or buyers wanting a versatile home with additional living space close to educational and transport hubs.

Local Market Insights

In Joondalup, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $1,231,000. The property type mix of listed properties is predominantly Houses at 66%, followed by apartments (15%), and commercial properties (7%). The most active agency for houses in the Joondalup area is currently Haiven Property, representing 18% of new listings, followed by Realmark with 11%. 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.