7 Gregory Street, Kojonup WA 6395

4 bed house | 1011m² block | Kojonup location | Gregory Street frontage The property at 7 Gregory Street offers a rare configuration for Kojonup—four bedrooms on a full quarter-acre block where most comparables stop at three. For a buyer seeking family accommodation or future subdivision optionality, the 1011m² lot provides a structural advantage over nearby sales like 12 Gregory Street. The house itself is straightforward but functional, and in a suburb where 63% of properties are owner-occupied, this suits either a long-term family home or a buy-and-hold rental with limited vacancy risk. The price positioning near $495,000 reflects that block premium, not the dwelling condition, which is the correct way to value it. The bedroom inconsistency across listings is a genuine risk—it may indicate an unapproved conversion or a room that doesn’t meet legal minimums, which could affect financing or resale. Buyers should verify the floorplan against council records before committing. There is no sold history or floor plans available, which limits benchmarking, but the automated valuation range of $355,000–$475,000 suggests room to negotiate if the house needs work. The commercial logic here is simple: buy for the land, treat the house as a bonus. Hold for land appreciation or develop later—do not overpay for cosmetic finishes.