Address
19 Bickner Way, Parmelia WA 6167
Investment Strategy
Positive Cashflow/High Yield
Development Timeline
Property Purchased
Advertised For Rent
About the Property
This delightful 4-bedroom, 1-bathroom brick and tile home offers an excellent canvas for those eager to infuse their unique style. Positioned on an expansive 708-square-meter block, it caters perfectly to families seeking a home in a prime location with ample room for future expansion.
The warm living area sets the stage for relaxation and entertainment, providing an inviting space for quality moments with friends and family. The comfortable bedrooms, ideal for unwinding after a long day, can be transformed into even more welcoming retreats with a fresh coat of paint and some updates to carpets and window treatments. While the kitchen and wet areas await a touch of care, a bit of creative zeal can restore them to being the heart of the home.
Not to be overlooked is the substantial backyard yearning for rejuvenation. With enough space for a garden and children to play, it already boasts a few fruit trees. Though a bit of tidying up is needed, envision the potential for a stunning and serene outdoor haven. Picture spending summer days entertaining loved ones, firing up the BBQ, and enjoying family time in a backyard you’ll take pride in. With some effort and ingenuity, this space can be transformed into your own personal paradise.
Key features include:
There is ample lounge room for living and entertaining, open-plan dining area adjacent to the kitchen. A modest kitchen with a built-in pantry and a compact breakfast bar.
Spacious master bedroom with access to a double-door built-in robe. Well-sized secondary bedrooms are perfect for young children. Efficient bathroom with a shower over the bath.
The backyard is a blank canvas for your creative touch. Freestanding garden shed for additional storage. Various fruit trees are needed to nourish the family.
And if an easy lifestyle is what you seek, you’ll appreciate the proximity to various amenities: Kwinana Marketplace (750m), Kwinana Recquatic Centre (850m), South Metro TAFE Kwinana (1.2km), The Edge Skate Park (1.2km), Kwinana Adventure Park (1.5km), Kwinana Hockey Club (2.3km), Kwinana Golf Course (2.6km), and Southern Districts BMX (3.1km).
From the domain.com.au listing
Investment Stats
2023
14
9.6
About the Suburb
Parmelia is a thriving suburb in Western Australia with a unique blend of community spirit and economic growth. With a population of 6,184 residents and 2,612 dwellings, Parmelia is a vibrant and well-established community that continues to attract both homeowners and investors alike.
Parmelia boasts a strong sense of community, with 69% of residents being owner-occupiers. This high percentage reflects a commitment to long-term residency and a pride in homeownership, contributing to the suburb’s stability and a sense of belonging.
The suburb’s real estate market reflects its desirability. With a median house price of $411.85k, Parmelia offers affordable living options for families and individuals. The suburb has experienced impressive growth, with a substantial increase of 22.9% in recent times, making it an attractive prospect for property investors and homeowners looking for solid returns on their investments.
For those considering Parmelia as a place to call home, the suburb’s median days on market (DOM) of 25 indicates a healthy demand for properties. The market absorption rate of 35% further underscores the suburb’s popularity, suggesting that properties are being swiftly acquired, creating a dynamic and responsive real estate environment.
Investors seeking rental opportunities will find Parmelia attractive, with a rental yield of 6.0%. The low vacancy rate of 1.2% indicates a stable rental market, offering security and consistent returns for property investors.
In summary, Parmelia is a welcoming and growing community with a strong sense of homeownership, steady property market growth, and a commitment to quality education. Whether you are considering making Parmelia your permanent residence or investing in its real estate market, this suburb presents a promising and vibrant opportunity.
Suburb Median
Vacancy Rate
