Investors, you probably know first home buyers are withdrawing from the market as interest rates climb, credit providers tighten lending policy and the First Home Owner Boost ceases on December 31st. Those FHBs are remaining in their rental properties putting increasing pressure on the supply of rental housing which is likely to drive rents upwards.

Now would be an ideal time to invest in a rental property. Number 11 Gibbings Street, Northam is already let for $300 per week and has good rental history to a WA Government department.

This house is brick veneer with a tile roof. It has 3 bedrooms and 1 bathroom although the main bedroom has built in robes and an ensuite bathroom. The kitchen adjoins a meals area and archways link to the large lounge with glass doors to a covered side patio area – perfect for evening barbecues.

It’s block size is huge; 1 332m2 with a 22m frontage giving adequate access via concrete driveways to the single carport under main roof and to the rear yard with fibro workshop incorporating 1 car bay. There’s also ducted evaporative air conditioning, stainless steel gas stove with canopy fan, electric storage hot water unit, rain water tank and reticulated gardens.