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Address

4 Blantyre Way, Kelmscott WA 6111

Investment Strategy

Positive Cashflow/High Yield

Development Timeline

21/04/2023
Property Purchased
$320,000
01/10/2023
Advertised For Rent
$560pw

About the Property

This rock solid 3-bedroom, 1-bathroom house sits on a spacious 708 m² land, providing ample room for both comfort and potential investment.

The property is versatile, suitable for home buyers or as a rental investment.

While the gardens and surrounds could use a bit of attention, the house features a good-sized patio, an approximately 6 x 4 shed, and a convenient lock-up carport.

Key Features:

3 spacious bedrooms
1 functional bathroom
Great living and dining area
Well-equipped kitchen with pantry

A generous backyard with untapped potential
A freestanding garden shed

From the reiwa.com.au listing

Investment Stats

2023

Year of Purchase

11

Suburb Growth

9.1

Gross Yield

About the Suburb

Nestled amidst the scenic landscapes of Perth’s southeastern corridor, Kelmscott emerges as a vibrant suburb brimming with charm and potential. With a population of 10,575, Kelmscott fosters a diverse and welcoming community where families and individuals alike discover an enriching lifestyle.

Kelmscott stands out as an attractive option for those seeking affordable housing. The suburb’s median house price of $425,000 presents an excellent entry point into the Perth property market. For investors, Kelmscott offers a promising return on investment, with a rental yield of 5.9%. The suburb’s low vacancy rate of 0.3% further underscores its appeal as an investment destination.

Location

Situated approximately 25 kilometers southeast of Perth’s CBD, Kelmscott enjoys convenient access to the city’s major transportation routes and infrastructure. The suburb is well-connected by the Kwinana Freeway, providing easy access to major employment hubs, shopping centers, and recreational facilities.

Community

Kelmscott exudes a family-friendly atmosphere with a strong sense of community spirit. Residents enjoy a variety of community events and activities throughout the year, fostering a sense of belonging and camaraderie. The suburb’s parks and recreational facilities further contribute to its family-friendly appeal, offering ample opportunities for outdoor activities and relaxation.

Amenities

Kelmscott caters to a wide range of lifestyle needs, offering an array of parks, shops, and restaurants. Residents can enjoy leisurely strolls through tranquil parks, engage in diverse shopping experiences, and savor culinary delights from various cuisines. The suburb also hosts a variety of community centers, sporting facilities, and healthcare services, ensuring residents have access to essential amenities.

Investment Potential

Kelmscott has witnessed significant growth in recent years, with a suburb growth rate of 11.8%. This positive trend is projected to continue, further enhancing Kelmscott’s appeal. As the suburb grows, it is poised to offer an even more vibrant and dynamic living environment, making it an attractive option for investors seeking long-term capital appreciation.

Key Features:

Affordable housing options
Strong rental market with a low vacancy rate
Quality schools and a focus on education
Diverse amenities cater to various needs
Family-friendly atmosphere with ample recreational opportunities
Promising growth potential

Kelmscott seamlessly blends the allure of affordable living with a thriving community spirit and promising growth prospects. Whether you’re seeking a place to raise a family, invest in your future, or simply enjoy a peaceful lifestyle, Kelmscott presents a compelling choice. With its abundance of amenities, family-friendly atmosphere, and strategic location, Kelmscott is a suburb poised for continued success.

Suburb Median
Vacancy Rate
Suburb Yield

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