Kelmscott Positive Cashflow – 9.1% Yield

Homer Blancaver
Updated 4 min read
4 Blantyre Way, Kelmscott WA (2023 case study property)

Updated November 2026: we added a “Kelmscott today” section with current Stash suburb figures and what has happened to the property since. The deal figures below are from 2023.

Address

4 Blantyre Way, Kelmscott WA 6111

Investment Strategy

Positive Cashflow/High Yield

Development Timeline

21/04/2023
Property Purchased
$320,000
01/10/2023
Advertised For Rent
$560pw

About the Property

This rock solid 3-bedroom, 1-bathroom house sits on a spacious 708 m² land, providing ample room for both comfort and potential investment.

The property is versatile, suitable for home buyers or as a rental investment.

While the gardens and surrounds could use a bit of attention, the house features a good-sized patio, an approximately 6 x 4 shed, and a convenient lock-up carport.

Key Features:

3 spacious bedrooms
1 functional bathroom
Great living and dining area
Well-equipped kitchen with pantry

A generous backyard with untapped potential
A freestanding garden shed

From the reiwa.com.au listing

Investment Stats

2023

Year of Purchase

11

Suburb Growth

9.1

Gross Yield

About the Suburb

Nestled amidst the scenic landscapes of Perth’s southeastern corridor, Kelmscott emerges as a vibrant suburb brimming with charm and potential. With a population of 10,575, Kelmscott fosters a diverse and welcoming community where families and individuals alike discover an enriching lifestyle.

Kelmscott stands out as an attractive option for those seeking affordable housing. The suburb’s median house price of $425,000 presents an excellent entry point into the Perth property market. For investors, Kelmscott offers a promising return on investment, with a rental yield of 5.9%. The suburb’s low vacancy rate of 0.3% further underscores its appeal as an investment destination.

Location

Situated approximately 25 kilometers southeast of Perth’s CBD, Kelmscott enjoys convenient access to the city’s major transportation routes and infrastructure. The suburb is well-connected by the Kwinana Freeway, providing easy access to major employment hubs, shopping centers, and recreational facilities.

Community

Kelmscott exudes a family-friendly atmosphere with a strong sense of community spirit. Residents enjoy a variety of community events and activities throughout the year, fostering a sense of belonging and camaraderie. The suburb’s parks and recreational facilities further contribute to its family-friendly appeal, offering ample opportunities for outdoor activities and relaxation.

Amenities

Kelmscott caters to a wide range of lifestyle needs, offering an array of parks, shops, and restaurants. Residents can enjoy leisurely strolls through tranquil parks, engage in diverse shopping experiences, and savor culinary delights from various cuisines. The suburb also hosts a variety of community centers, sporting facilities, and healthcare services, ensuring residents have access to essential amenities.

Investment Potential

Kelmscott has witnessed significant growth in recent years, with a suburb growth rate of 11.8%. This positive trend is projected to continue, further enhancing Kelmscott’s appeal. As the suburb grows, it is poised to offer an even more vibrant and dynamic living environment, making it an attractive option for investors seeking long-term capital appreciation.

Key Features:

Affordable housing options
Strong rental market with a low vacancy rate
Quality schools and a focus on education
Diverse amenities cater to various needs
Family-friendly atmosphere with ample recreational opportunities
Promising growth potential

Kelmscott seamlessly blends the allure of affordable living with a thriving community spirit and promising growth prospects. Whether you’re seeking a place to raise a family, invest in your future, or simply enjoy a peaceful lifestyle, Kelmscott presents a compelling choice. With its abundance of amenities, family-friendly atmosphere, and strategic location, Kelmscott is a suburb poised for continued success.

Kelmscott today (November 2026)

Houses in Kelmscott over the 12 months to October 2026 (Stash data, November 2026):

  • Median house sale price: $780,000 (183 sales)
  • 12-month change in the median: +19.1%
  • Median rent: $650 per week, a median gross rental yield of 4.4%
  • Vacancy rate: 1.3%; median days on market: 29

Stash's sales history shows 4 Blantyre Way sold again in August 2026 for $750,000 (agent-advised price), compared with the $320,000 purchase price in this case study.

In 2023 the post quoted a $425,000 median house price, and this house was advertised at $560pw for a 9.1% gross yield on its purchase price. Today the median is $780,000 and the median house yield is 4.4%.

See the latest figures on the Kelmscott suburb page. To search current listings by rental yield and price, the way this property was found, see Find on-market deals in the Help Centre.

Kelmscott suburb median chart from Stash (2023)
Suburb Median
Kelmscott vacancy rate chart from Stash (2023)
Vacancy Rate
Kelmscott suburb yield chart from Stash (2023)
Suburb Yield

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Homer Blancaver
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