1/36A Third Avenue, Mount Lawley WA 6050

Modern 1994 build | 3×2 townhouse with solar & dual living | 266m² strata lot | Near top-tier public schools This property presents a competitively modern offering within a suburb characterised by older housing stock. Its 1994 construction delivers contemporary features like solar panels, floorboards, and two living areas, which command a premium over the area’s typical 1950s builds. The configuration is ideal for a small family or professional couple seeking low-maintenance living with access to the esteemed Mount Lawley school catchment, positioning it as a scarce, turn-key entry into the precinct. The primary risk is the significant price variance within its own strata complex, suggesting potential overcapitalisation against recent sales. The $1,199,000 ask appears ambitious against the May 2024 sale of 2/36A for $820,000, though differences in condition and modernisation may justify a portion of the gap. This property is best acquired through aggressive negotiation, targeting a sub-$1.2m outcome, and held as a long-term primary residence to absorb strata costs and realise the location’s educational advantages. Recent comparable sales within the same building provide critical context: – 2/36A Third Avenue sold for $820,000 in May 2024. This was a 3-bed, 2-bath, 2-car townhouse. – 36A Third Avenue (a 1952 townhouse on a larger 367m² lot) sold for an estimated $1,521,000 in September 2022. The $379,000 disparity with the May 2024 sale requires explicit justification from modern upgrades and superior condition. This data firmly anchors negotiation below the listed price, challenging the vendor to substantiate the premium.