Bentley WA Property Investment

## 2. Market Overview - Median house price: $965,613 - Median unit price: $770,254 - 1‑year price growth: 22.7 % (strong recent upside) - 5‑year CAGR: 0.8 % per year (long‑term growth has been modest) - 3‑year growth forecast: 13.5 % (future upside expected) - Days on market: N/A

Signal: The 22.7 % jump over the past year shows sellers have been in the driver’s seat, but the low 5‑year CAGR suggests the market is now stabilising. Buyers should expect limited price concessions, while sellers can still command premium prices.

## 3. Rental Market - Median weekly rent: $750 / wk - Gross rental yield: 4.0 % - Vacancy rate: N/A - Demand rating: N/A

Implication: A 4.0 % yield places Bentley in the “steady‑income” bracket for investors. Without vacancy data we cannot quantify risk, but the rent level relative to price suggests demand is sufficient to sustain the yield.

## 4. Short‑Term Rental Opportunity - STR nightly rate: N/A - STR occupancy: N/A - Estimated annual STR revenue: N/A

Conclusion: With no STR metrics supplied, we cannot model short‑term performance. Given the solid long‑term yield, LTR remains the safer default strategy.

## 5. Infrastructure & Growth Drivers - Known projects / transport / employment base: N/A

Drivers: The strong 1‑year price surge and the 13.5 % 3‑year forecast imply underlying demand, likely from local employment and amenity improvements, even though specific projects are not listed.

## 6. Bull Case If the 3‑year forecast of 13.5 % materialises and rental demand stays strong:

• Median house price: could rise from $965,613 to roughly $1,096,000 (13.5 % increase).
• Median unit price: could climb from $770,254 to about $873,000 (13.5 % increase).
• Yield: would stay around 4.0 % if rents keep pace, delivering higher absolute cash flow.

## 7. Risks | Risk | Detail (with numbers) | |------|-----------------------| | Vacancy risk | No vacancy data supplied; a rise in vacancies would erode the 4.0 % yield. | | Rate sensitivity | A 4.0 % gross yield leaves a narrow margin if interest rates climb above the yield, squeezing net returns. | | Supply pipeline | No data on upcoming developments; a sudden influx of new units could increase competition and push rents down. | | Single‑employer dependency | No employment data provided, so concentration risk cannot be quantified. |

## 8. The Play - Entry range: Target purchases around the median levels – ≈ $770,000 for units and ≈ $965,000 for houses. - Minimum yield to target: ≥ 4.0 % gross rental yield. - Watch signals: Confirmation of the 13.5 % 3‑year growth forecast, any published vacancy statistics, and announcements of new supply or infrastructure projects. - Recommended strategy: Hold existing positions to capture ongoing rental income and benefit from projected capital growth. For new entrants, seek properties priced at or below the median to preserve the 4 % yield cushion. If future data shows rising vacancies or oversupply, reassess the hold stance.