This charming 1920s weatherboard-and-iron cottage hit the sweet spot on every front — location, potential, character, and rental viability. Perched directly opposite a lush, leafy park and just moments from the action of the local cafe strip, this home immediately stood out for its combination of lifestyle appeal and investment fundamentals.

The home’s character details (think decorative high ceilings, original jarrah boards, and a bullnose verandah) give it serious street appeal. And inside? North-facing light spills in from the wide laneway, enhancing the flow from indoor living to the private rear garden and entertaining area.

A true cutie with soul and substance

What Made It a Smart Buy

• Prime Location: Directly opposite a park and within strolling distance of key lifestyle spots — ideal for future owner-occupiers or high-quality tenants.
• Northern Light + Laneway Access: A rare combo that enhances livability and future flexibility.
• Original Features + Opportunity: Already very liveable, but scope exists to renovate or redevelop in time to boost yield and value.
• Solid Rental Demand: Character homes in walkable, lifestyle-centric suburbs are in high demand, making this a low-risk rental option.

Property Highlights

• Purchase price $1,750,000
• Market value at purchase $1,750,000 – $1,800,000
• Rent Appraisal: $900–$950 per week
• Gross Yield: ~2.75% p.a.
• Year built 1920
• Dwelling type & lot size: Green titled, free-standing character cottage on 350 sqm lot

Verdict

This was a confident purchase aligned with a long-term vision: a timeless, low-maintenance character home in a premium pocket with rental appeal now and upside potential later. It’s one of those properties that will quietly appreciate in value while looking pretty doing it.

Want something like this for your own portfolio? Let’s talk.