31 Wynne Street Hazelmere WA 6055

3-bedroom 1966 house | 1111m² lot | detected pool | flood and heritage overlays | zoned residential Swan This property offers a rare combination of a generous 1111m² lot with a modest 120m² floor area, creating strong redevelopment or extension potential in a residential zone. The 1966 build with floorboards, built-in robes, and a detected pool appeals to buyers seeking a liveable home with upside rather than a full renovation. Its positioning in Woodbridge Primary and Governor Stirling Senior High intake areas, plus reliable NBN and 5G, suits families or investors targeting long-term land value growth in Hazelmere. The primary risk is the planning overlay burden: flood (1% AEP), heritage (WA Aboriginal Places Register), and bushfire overlays may constrain subdivision, building height, or insurance costs. These overlays, combined with 11% site coverage and 12m elevation, limit the property’s appeal to buyers needing quick development approval. However, for a buyer holding for 5–10 years, the large lot and low-rise zoning offer patient capital growth. Use this property as a land bank with immediate rental or owner-occupier utility, not a short-term flip.