41 Lesueur Drive, Jurien Bay WA 6516

Ocean views from standing level | 850sqm rectangular block | 24.3m frontage | no bushfire or flood overlays | established Jurien Bay position The block’s 24.3 metre frontage on a full 850 square metres is uncommon in this part of Jurien Bay, giving a buyer genuine flexibility for a single-storey home with depth or a two-storey design that capitalises on the elevated view corridor. The absence of bushfire, flood, or heritage constraints removes approval risk and holding cost uncertainty that can plague coastal vacant lots. This suits a buyer wanting a custom build in a settled beachside town without the premium of a finished house, particularly someone who values outlook over immediate occupancy. The main risk is the gap between the 2007 purchase price and today’s estimated value, which suggests the market here has not kept pace with Perth’s broader growth, meaning resale liquidity may be slower. The $350,000 listing below the estimated median of $510,000 could reflect motivated selling or a realistic read of current demand, but it also creates a buying opportunity if you can negotiate closer to the lower end. Hold this land until you are ready to build, then develop for owner-occupation rather than flipping, as the value lies in the finished home’s view, not short-term land appreciation.