31 Jacaranda Cres, Margaret River WA 6285

Corner block, side access | 3×1 house, strong location | School walk zone | Established street, tight market The property’s competitive edge is its corner block with side access on a street where 90% of residents are long-term owners—that configuration is rare in Margaret River and gives a buyer flexibility for parking, a trailer, or future shed placement without compromising the house footprint. At 571 m², the land is functional rather than generous, but the position within walking distance of both primary and senior high schools makes it a logical option for a family or an investor targeting the rental pool that follows school catchments. The asking price sits notably below the local median for three-bedroom houses, which suggests either condition discounting or a vendor motivated to transact quickly, and that gap creates a buying window if the inspection confirms no structural issues. The main risk is the single bathroom, which limits appeal for families who need two bathrooms and may cap resale growth compared to better-configured neighbours. Side access is useful but not valuable if the buyer has no need for boat, caravan, or workshop space, and the 2018 last sale date means no recent renovation data is visible. The opportunity is in the price-to-median gap: if the house is livable as-is, the buyer holds an asset that sits below replacement cost in a tight market, and the corner block leaves room for a future second dwelling or subdivision if zoning permits. Hold for rental yield or live in it, but do not overpay for the side access alone.