20 Boronia Cres, City Beach WA 6015

991m² coastal landbank | 1955 house at end of life | R12.5 low-density zoning | City Beach Primary and Shenton College catchments | rebuild or renovate potential This is a rare coastal landholding in a suburb where large, flat, serviceable lots are increasingly hard to find. The 991m² parcel carries the primary value here, and the existing 1955 house is best understood as a placeholder rather than a livable home. Domain’s framing that the residence has reached the end of its life aligns with how the market will likely treat it: as a site for a new family residence or a high-end renovation, not as a move-in-ready dwelling. The R12.5 zoning reinforces a low-density character, which suits buyers seeking space, privacy, and a street that feels established rather than transitional. With City Beach Primary and Shenton College as the intake schools, the property is well positioned for family demand. The lack of bushfire, flood, or heritage overlays reduces planning friction, and the 5G coverage is a minor but practical plus. This property will most likely appeal to buyers who see the land as the prize and are prepared to invest in the dwelling. The condition of the house may materially affect how quickly this sells and what buyers are willing to pay. A 1955 build with no verified finish specification and a market view that it is functionally obsolete suggests the dwelling contributes little beyond basic shelter value. The estimated rent of $1,000 per week implies a gross yield near 1.6%, which is low and typical of land-heavy coastal stock, so an investor would need to bank on capital growth rather than income. The 478m² building footprint is substantial, which might allow for a renovation that preserves the existing shell, or a full replacement that maximises the site. Buyers should weigh the cost of demolition and rebuild against the premium that a new home on this land could command in City Beach. The absence of overlay constraints is a genuine advantage, but the final price will hinge on how much a buyer values the location and lot over the current house. || Comparable Sales: 21 Boronia Crescent, 4 bed 3 bath on 964m², estimated $3.71M | 20 Boronia Crescent sold 20/03/2023 for $2.225M | Property Price Band: $2.2M–$2.5M | Value Drivers: land size and scarcity, R12.5 zoning, school catchments, dwelling condition and rebuild potential