1/31 Caporn Street, Crawley WA 6009

Flood overlay | Built 1981 | 683sqm land | $1,020/week rent potential The flood overlay is the primary risk mechanism here, it may increase insurance costs and limit some renovation options, potentially costing the buyer several thousand dollars annually. The 683sqm land size on a townhouse is an opportunity, offering rare expansion or subdivision potential in Crawley, but the 1981 build means structural checks are essential. This property is a hold for capital growth rather than a quick flip, given the land value outweighs the dwelling condition. The land size is competitively rare for a townhouse in this suburb, giving you positional leverage that newer builds lack. The school catchment for Nedlands Primary and Shenton College adds buyer demand resilience, while the rental yield supports holding costs. This property best suits a family or investor seeking long-term land appreciation in a premium location, not a move-in ready home. Given the land’s scarcity and the flood risk being manageable with due diligence, schedule a building and pest inspection and a flood report before proceeding to negotiations.