An opportunity has presented itself for home buyers to break out of the rent cycle with a new release of six refurbished villas in the urban renewal precinct of Phoenix Rise at Hamilton Hill
The sparkling villas are in Helena Place and are priced between $305,000-$325,000.
All have new kitchens, bathrooms, blinds, floor coverings and hot water systems.
The homes are part of a joint program between the Satterley Property Group and the Department of Housing.
The program completely rebuilds older homes to ‘as new’ condition. Streetscapes and parks are also improved to provide a safe and pleasant community environment.
Investors are not eligible to buy and buyers must have finance pre-approval.
“This is a magnificent opportunity for people to buy their own home at a price way below Perth’s median in a suburb handy to Perth and Fremantle,” Phoenix Rise estate manager Andrew Antonas said.
“Those who act quickly will start paying off their own home and may well find their monthly repayments less than they’re currently forking out in rent.”