{"Slug":"house-184b-hare-st-west-lamington-wa-6430","CanonicalUrl":"https://realsearch.com.au/house-184b-hare-st-west-lamington-wa-6430","Address":"184B Hare St, West Lamington, WA, 6430","Suburb":"West Lamington","State":"WA","Postcode":"6430","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"UNDER OFFER  Eastern states investors — tired of low yields and high holding costs? This is the shift.\nLeased to the WA Housing Authority until August 2028, this is a secure, high-performing asset delivering strong income from day one.\n\nThe Property\n\n• 3-bedroom, 1-bathroom brick/veneer home\n• Open plan living, dining with updated kitchen and bathroom\n• Practical layout suited to long-term tenancy\n• Not located in a bushfire or flood zone\n\nInvestment Snapshot\n\n• $720 per week rental income\n• Lease secured to August 2028\n• Rent review due June 2026\n• Reliable tenant in place since August 2021\n• Low vacancy risk\n• No strata fees – 2-lot subdivision, both with street frontage\n• 496m² block | 119m² home\n\nWhy This Outperforms\n\n• Approx. 8% gross yield\n• Perth typical yields: ~4%–5%\n• Sydney/Melbourne: ~2.5%–4%\n• Strong cash flow from day one\n• Lower holding costs, less reliance on growth\n• Tight local rental market supporting demand\n\nIncome & Outgoings\n\n• $37,440 annual income\n\nEstimated Outgoings\n\n• Rates: ~$2,400\n• Water: ~$300\n• Management: ~$3,180\n• Maintenance: ~$1,000\n• Insurance: ~$1,500\nTotal: ~$8,380\n\nCondition\n\n• Updated kitchen and bathroom\n• Well maintained by current owners\n• Presented in good condition throughout\n• No immediate maintenance required\n\nWhy This One Performs\n\nGovernment leases with strong weekly rent are tightly held. Add low maintenance, no strata fees and proven tenant stability — this is a clean, reliable investment.\n\nSecure This Investment\n\nContact Iris Haynes on 0420 471 461 if you are interested in this property and like to get more information","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$469,000 Offers From"},"Bedrooms":"3","Bathrooms":"1","Parking":"1","Features":[{"Name":"Bedrooms","Value":"3"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-30.74291636,"Longitude":121.45752985,"Agent":{"Name":"Iris Haynes","CanonicalUrl":"https://realsearch.com.au/agent/iris-haynes"},"Agency":{"Name":"John Matthew & Sons  - KALGOORLIE","CanonicalUrl":"https://realsearch.com.au/agency/john-matthew-sons-kalgoorlie"},"CreatedAt":"2026-04-06T10:01:35.9752168","UpdatedAt":"2026-04-08T11:01:31.9974279"}