Lot 722 Aldgate Street Hilbert WA

“Hilbert Dual Occupancy Investment – Turnkey 3+2 Bedroom Pair in Aldgate Street”

Property analysis by:

Investment Highlights

• Purpose-built dual occupancy delivering two independent dwellings for diversified income and reduced vacancy risk.
• Fixed-price turnkey package with premium finishes, ideal for investors and SMSFs seeking strong yields and low maintenance.
• Delivers a 6.2% gross rental yield with a combined weekly rent of approximately $1,075.
• Located in Hilbert, part of Perth’s booming south-east growth corridor surrounded by retail, education, and employment hubs.
• Supported by a 6.9% 10-year average annual capital growth rate and an exceptionally low 0.8% vacancy rate.
• Modern, energy-efficient construction providing durable materials and attractive tenant appeal.

Key Financials

Purchase price: $897,000 (Land + Build)
Land price: $338,000
Build price: $559,000
Configuration: Dual Occupancy – Dwelling A: 3 Bedrooms | 2 Bathrooms | 1 Car & Dwelling B: 2 Bedrooms | 1 Bathroom | 1 Car
Rental appraisal: $1,075 per week (~$55,452.80 p.a.)
Gross yield: 6.2%
Vacancy rate: 0.8%
10-year avg. annual growth: 6.9%

Location & Growth Drivers

Hilbert is a thriving suburb within Perth’s south-east corridor, situated near Armadale, offering excellent connectivity via Tonkin Highway and the future Byford Rail Extension. The suburb attracts families and professionals seeking affordable modern housing in a master-planned community.

With access to quality amenities such as Haynes Shopping Centre, local schools, Shipwreck Park, and new community infrastructure, Hilbert continues to deliver low vacancy and strong rental absorption. Rapid population growth and nearby urban developments underpin long-term capital performance and investor demand.

Build Specification (Turnkey Dual Occupancy)

• Fully turnkey dual occupancy with independent entrances and metering for power, water, and NBN.
• Energy-efficient 7-Star construction with insulation, glazing, and LED lighting.
• Modern kitchens with 20 mm stone benchtops, soft-close cabinetry, and stainless-steel appliances.
• Split-system air conditioning to living areas and master bedrooms for both dwellings.
• Quality vinyl plank flooring and carpet throughout with tiled wet areas.
• Remote-controlled double garage (shared allocation) and secure Colorbond fencing.
• Paved alfresco, landscaping, clotheslines, and letterboxes included at handover.
• Comprehensive structural warranty and 90-day post-handover maintenance period.