12 Paull Street, Furnissdale WA 6209
12 Paull Street, Furnissdale WA 6209
Large block | subdividable STCA | 3-bed 1-bath | 41-year-old brick-and-tile | peaceful semi-rural setting
This property’s strongest competitive edge is its 2,023 m² block with subdivision potential, which places it well above typical suburban allotments in Furnissdale. The combination of a solid 1985 brick-and-tile build, open-plan living with a fireplace and reverse-cycle air-conditioning, and a sunroom offers a comfortable existing home while the land itself holds the real long-term value. It is best suited to buyers who want space, privacy, and the flexibility to renovate, extend, or eventually subdivide subject to council approval. The modest 123 m² internal area and single bathroom mean the dwelling is functional rather than generous, but the land component is what distinguishes this property in the local market.
The 41-year-old dwelling and single bathroom may limit immediate appeal for families seeking move-in-ready space, and the lack of verified aspect or school catchment information means some due diligence is required. The subdivision potential is contingent on council approval, which could affect timelines and costs, so buyers should weigh the feasibility and likely holding period. The estimated rental yield of 3.14% suggests the property is more suited to owner-occupiers or land-bank strategies than pure investment, and the older construction may require near-term maintenance or upgrades. These factors should be considered when forming a view on price, but the large block and subdivision potential remain the primary value drivers.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Paull Street, Furnissdale WA 6209
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Combining stunning natural landscapes with a relaxed community atmosphere, Furnissdale offers an unparalleled lifestyle that strongly appeals to sea-changers, local operators, and lifestyle upgraders. Driven by a structural undersupply of new housing and high lifestyle desirability, the local market has experienced strong recent price appreciation alongside exceptionally tight rental vacancies. This market offers brilliant long-term stability, but buyers should watch out for higher property maintenance costs associated with immediate coastal proximity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
2023m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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