Acquisition of a hidden gem in the heart of Parmelia

Purchase Price

In the bustling world of real estate, finding a property that truly feels like home can feel like hitting the jackpot.

A cherished client of ours – Jane Jamieson came with this query and after a lot of efforts, we discovered such a gem in the heart of Metro Perth.

Jane and her family, like many others, step on a journey in search of their forever home. From Sydney to the Sunshine Coast, they sought the perfect place to put down roots and build a future. However, as they ventured into property development, they encountered challenges that seemed to stand in the way of their dreams.

Determined to reclaim their vision, Jane and her family turned to us for guidance. Together, we crafted a 10-year plan that aligned with their aspirations while ensuring their financial stability and well-being. The first step? Securing the property at 1 Mclure Close for $525,000, even before it hit the market. With a gross yield of 6.14%, it laid a strong foundation for their investment journey.

Location that matters:

Nestled at 1 Mclure Close in the peaceful suburb of Parmelia, this new abode offers the perfect blend of space, comfort, and convenience. With its sprawling 682-square-meter corner block, this property provides ample room for her family to grow and thrive. Boasting 5 bedrooms, 2 bathrooms, and the potential to add a granny flat, it’s a canvas waiting to be transformed into their dream home.

Growth Corridor:

  • With a demand-supply ratio of 60, indicating significantly higher demand than supply, the property market in Parmelia is ripe for growth.
  • A reduced days-on-market figure of 25, down from 50 previously, reflects the increasing attractiveness of properties in the area.
  • A low stock-on-market percentage of 0.51% and a healthy renter proportion of 28.9% further underscore the desirability of the suburb.
  • With a vacancy rate of just 0.52%, Parmelia presents a stable and thriving rental market, making it an ideal choice for investors seeking long-term returns.

Parmelia, with its quiet cul-de-sacs and proximity to schools, parks, and public transport, isn’t just a suburb—it’s a community. For Jane and her family, it’s the place where they’ll create memories, pursue their passions, and watch their dreams unfold.

As Jane’s story demonstrates, success in real estate isn’t just about finding the right property—it’s about strategic planning, informed decision-making, and a touch of perseverance.