52 Allnutt Street, Mandurah WA 6210

3 bedroom house | 1072m² block | 9% building coverage | John Tonkin College zone This property’s competitive strength lies in its exceptionally low 9% building coverage on a 1072m² lot, offering rare redevelopment or extension potential within Mandurah’s residential zone. The 1964 structure, with floorboards and single bathroom, is functionally basic but structurally straightforward, making it suitable for a buyer seeking to add value through renovation or a future subdivision play. It best serves an investor or owner-occupier with medium-term horizon who prioritises land content over immediate livability. The primary risk is the dated interior and single bathroom, which limits appeal to families and may require $80,000–$120,000 in upgrades to align with current market expectations. The estimated value range of $647,000–$765,000 reflects this condition discount, and the lack of recent sales data beyond 2005 signals thin local comparables. Opportunity lies in retaining the house as a rental while pursuing a development application for the rear of the block. Hold for land appreciation and consider a strategic renovation to unlock equity.