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1//289 Burt Street, Victory Heights WA 6430

$489,000 Offers From

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$489k - $513k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 3 Beds 1 Bath 1 Car 411 Square metres

Listed: 10 hours ago

Overview

This three-bedroom brick unit offers an appealing blend of practical features and easy living, perfectly suited for first home buyers, downsizers, or investors seeking a low-maintenance property with sound rental potential.

Occupying a corner position in a small complex of just four units, this residence benefits from an extended outdoor area providing privacy and space rarely found in unit living. The 411 square metre allotment is modest yet functional, requiring minimal upkeep while allowing room for outdoor activities and vehicle storage, including space for a caravan or trailer behind secure fencing.

Inside, the home is designed to maximise comfort and year-round usability. The living area is enhanced by split system and evaporative air-conditioning alongside an electric wall heater, ensuring a pleasant environment in all seasons. The updated kitchen features a ceramic electric cooktop, facilitating modern cooking needs in a practical workspace.

Accommodation includes three bedrooms, two equipped with built-in robes. The main bedroom benefits from split system air-conditioning for added comfort. The renovated bathroom thoughtfully incorporates both a large shower and bathtub, accompanied by a heated towel rail, and a separate toilet is conveniently located adjacent to the laundry area, which provides ample cupboard and shelving storage.

Additional highlights include some automated window blinds, roller shutters on selected windows for enhanced security and climate control, a security camera system, and an automated front gate ensuring restricted access and peace of mind. The exterior spaces are neatly maintained with paving for easy cleaning, a front garden showcasing a golden shower shade tree, and a garden shed offering further storage options.

Notably, the property is free from strata fees, with shared building insurance managed by the four owners, reflecting a collaborative and cost-effective approach to maintenance. Council and water rates are modest, contributing to overall affordability.

Investment-wise, the home presents an attractive gross rental yield of approximately 7.5%, supported by a current rental appraisal between $700 and $720 per week, confirming its appeal to both owner-occupiers and investors seeking a well-maintained, low-management asset in Victory Heights.

Its combination of size, features, and location make this property a compelling opportunity for those seeking a manageable home or an investment within a secure and friendly complex.

Local Market Insights

In Victory Heights, Quiet Listings observed 5 new units entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $454,800. The property type mix of listed properties is predominantly Houses at 75%, followed by units (14%), and townhouses (6%). The most active agency for units in the Victory Heights area is currently John Matthew & Sons, representing 80% of new listings, followed by First National with 20%. 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.