85 Balladonia Parade, Dawesville WA 6211

Vacant land in growth suburb | no flood or bushfire risk | recent value surge | near primary school This vacant block presents a low-risk foundation in a rising suburb, distinguished by the absence of flood or bushfire overlays which simplifies development. Its position near a primary school and within a street of established homes creates immediate appeal for an owner-occupier seeking to build or an investor securing a strategic land bank. The substantial price growth in the suburb underscores strong underlying demand, making this a straightforward play on future capital appreciation through construction. The primary risk is the significant premium implied by current value estimates over the 2021 purchase price, demanding validation through recent comparable sales. The opportunity lies in capitalising on suburb momentum by building a product aligned with local buyer profiles, as demonstrated by the recent sale of a new home on the same street. Proceed with a build-to-hold strategy to realise the land’s potential, as selling vacant would forfeit the substantial value-add achievable through development. A direct street comparison is instructive: 86 Balladonia Parade, a 769m² block with a new 4-bedroom home, sold for $1.22 million in January 2026. This sale confirms the street’s capacity to achieve premium prices for quality new builds, providing a credible benchmark for the potential end-value of a developed property on the subject land.