7320 Great Eastern Highway, Mundaring WA 6073

2 bed, 1 bath on 986m² | Built 1952, 72-110m² | Heritage and bushfire overlays | Sold $720k Aug 2025 | Estimated rent $625/wk This is a smaller older house on a notably large land parcel in Mundaring, where the combination of a modest footprint and substantial lot size creates a land-heavy proposition that is more about the site than the dwelling. The property sits in a semi-rural foothills setting with school catchment access and NBN/5G connectivity, which broadens its appeal to owner-occupiers seeking single-level living on a generous block, downsizers wanting space without a large house to maintain, and land-focused buyers who value the 986m² holding. The recent sale at $720,000 provides a clear local benchmark, and the estimated rental return of around $625 per week suggests a gross yield near 4%, which is reasonable for a property of this type in this location. The heritage and bushfire overlays may constrain future alterations or redevelopment, so a buyer should weigh how much they value the land versus the existing dwelling. The frontage to Great Eastern Highway introduces traffic exposure that could affect liveability and resale appeal, though for some buyers the convenience of a main road location offsets this. The house itself is from 1952 with a modest internal area, so a purchaser should factor in potential renovation costs or the possibility of holding the property primarily for its land value over time.