36 Katanning Street, Bayswater WA 6053

Bayswater | 682sqm land | 4-bed one-bath | No overhead room | Solid bones with ceiling space. The key risk is the single bathroom serving four bedrooms. That is the primary constraint on both family livability and future resale depth. A bathroom addition or reconfiguration would cost $35,000 to $60,000, but the 127sqm building footprint and 7m roof height allow vertical expansion or rear addition without losing the good 11m elevation. The 19% site coverage leaves genuine land value upside. This is a hold-and-improve proposition for a buyer with capital patience, not a move-in-and-forget house. The market will price the bathroom deficit into any competing offer. What makes this property competitively unusual is the site area. At 682sqm in a tightly held Bayswater pocket with no flood or heritage constraints, few listings offer this combination of flat, usable land and elevated double-brick structure. The 5G and FTTN connectivity is adequate. Comparable properties on the same street with two bathrooms and similar land have listed around $1.23 million. This house serves a buyer seeking infill land with an existing rental yield of $720 to $875 per week while they plan a knockdown, rear extension, or subdivision—the council zoning supports that pathway. The next step is to instruct your conveyancer to check the title for any restrictive covenants before you submit an offer.