2998 Albany Highway, Mount Nasura WA 6112
2998 Albany Highway, Mount Nasura WA 6112
3-bed on 1,074mยฒ | 1965 build | large-block value | single-level living | scope to renovate
This property’s primary strength is its land-to-building ratio. The 1,074mยฒ lot dwarfs the modest 100mยฒ floor plan, which is rare in an established suburb. This configuration serves families or investors seeking land value over move-in condition. The single-storey layout and 1965 construction offer renovation or extension potential, and the established gardens and large backyard provide immediate outdoor space. The open fireplace adds character, while split-system air conditioning addresses basic comfort. This property suits buyers who value location and land over a turnkey interior.
The 100mยฒ building area on a large block may affect resale value if the house is not extended or substantially renovated, as the current footprint is small for a 3-bedroom home. The 1965 build likely requires updates to insulation, wiring, and plumbing, which should be factored into any offer. The property’s position on a major arterial road may introduce traffic noise that quieter streets do not have. These factors suggest the price is heavily weighted toward land value rather than the house itself.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2998 Albany Highway, Mount Nasura WA 6112
Market Insight:
Mount Nasura is a tightly held family suburb with exceptionally strong demand, evidenced by rapid sales and significant price appreciation. The market is driven overwhelmingly by owner-occupier families, creating a competitive environment where properties transact swiftly. Recent growth has been pronounced, supported by high transaction volumes and sustained buyer interest. Future performance will hinge on maintaining this demand against broader affordability pressures, with limited stock turnover being a key market characteristic.