Address
48 King Street, Gosnells, WA 6110
Investment Strategy
Positive Cashflow/High Yield
Development Timeline
Property Purchased
Advertised For Rent
About the Property
Nestled in one of Gosnells’ most sought-after pockets, this stunning 3-bedroom, 1-bathroom, 2-toilet home proudly sits on a generous 819sqm block. Within minutes of all your needs, from the bustling Gosnells city center and shops to grocery stores, restaurants, the library, the train station, schools, and so much more, convenience is at your doorstep.
Step inside and be greeted by a light and bright formal lounge area, bathed in natural light and adorned with quality floor tiles. The generous master bedroom overlooks the front yard and boasts a spacious built-in robe for your wardrobe essentials. Whipping up culinary delights is a breeze in the well-equipped kitchen, featuring ample storage, a gas cooktop, electric oven, and dishwasher.
Indulge in self-care in the beautifully renovated main bathroom, complete with a separate shower and the added convenience of two toilets. Extend your living space outdoors with the undercover entertaining area, perfect for hosting gatherings or simply enjoying the fresh air.
Drive-through access from the driveway leads to the powered workshop, ideal for DIY projects or storing your belongings. For additional parking, the driveway provides ample space to accommodate multiple vehicles.
Unwind in the separate games room, equipped with its own shower and toilet, offering a versatile space for various activities.
This exceptional home boasts features galore, including three bedrooms, one full bathroom with two toilets, a games room with its own shower and toilet, outdoor entertaining area, rear access, ample storage, a spacious backyard, a powered workshop, and, of course, the OUTSTANDING location.
This property presents a unique opportunity to acquire a spacious and comfortable home in a thriving location, offering everything you need for a convenient and fulfilling lifestyle.
From the reiwa.com.au listing
Investment Stats
2023
19
8.6
About the Suburb
Nestled in the southeastern suburbs of Perth, Gosnells is a suburb shedding its “bedroom community” label and blossoming into a vibrant hub with something for everyone. From young families to nature lovers and savvy investors, Gosnells offers a winning combination of affordability, convenience, and hidden gems waiting to be discovered.
Family-Friendly Haven:
- Gosnells boasts a young and growing population (27% median age) with a strong sense of community. 62% of residents are owner-occupiers, creating a stable and welcoming environment for families.
- Parks, playgrounds, and childcare facilities are plentiful, keeping little ones happy and active. Family-focused events throughout the year foster a strong sense of belonging.
Affordability and Growth:
- With a median house price of $430,000, Gosnells offers a more accessible entry point into the Perth property market compared to many other suburbs.
- The 19.4% growth in median house price over the past year indicates promising potential for capital appreciation.
- Low vacancy rates (0.3%) and high market absorption (29%) suggest a stable and resilient housing market, ideal for both buyers and investors.
Hidden Gems and Unexpected Delights:
- Step beyond the suburban streets and discover hidden treasures like the scenic footbridge over the Canning River, a haven for birdwatchers and nature enthusiasts.
- Immerse yourself in the vibrant Gosnells Railway Markets, a bustling hub for local crafts, delicious food, and community spirit.
- Unwind at the Gosnells Recreation Centre, offering a pool, gym, and sporting facilities for all ages and interests.
Convenience at your Fingertips:
- Gosnells is well-connected, with easy access to major highways and the Armadale Line train station, making commuting a breeze.
- A plethora of shopping centers, supermarkets, and restaurants cater to your everyday needs, while specialty stores like Gosnells Vintage & Collectables offer unique finds.
- Medical facilities and essential services are readily available, ensuring peace of mind and convenience.
Investing in your Future:
- Gosnells presents a compelling investment opportunity, with strong rental yields of 5.7% and a thriving local economy.
- Ongoing infrastructure projects, like the Nicholson Road Precinct development, further enhance the suburb’s appeal and drive future growth.
Gosnells is more than just a suburb; it’s a community on the rise. It’s a place where families find their roots, nature lovers discover hidden gems, and investors reap the rewards of a promising market. Come and experience the charm and potential of Gosnells for yourself!