3 Godwin Street, Lesmurdie WA 6076

Large elevated block in family suburb | Fully renovated with pool and solar | Bushfire overlay present | Strong school catchments | Above?average building size This property presents a competitively strong offering due to its significantly larger lot and building footprint compared to typical Lesmurdie stock, combined with a comprehensive modernisation. The full renovation, including open?plan living, multiple living areas, and updated air?conditioning, positions it above the suburb’s generally older housing stock. It serves a family buyer seeking space, privacy, and immediate move?in condition within a tight catchment for well?regarded government schools, with the added benefit of reliable connectivity. The primary decision mechanism is the bushfire overlay, which imposes ongoing compliance costs and may affect insurance premiums. The commercial logic rests on the scarcity of renovated homes on blocks exceeding 2000m² in this location, suggesting capital growth will be driven by land value and quality of improvements. Hold as a long?term family residence to fully capitalise on its space and amenity; the rental yield is typical for the area but does not justify a purely investment purchase. Recent sales in Lesmurdie show renovated four?bedroom homes on large lots transacting between $1.2 million and $1.6 million. The subject property’s 2021 sale at $870,000 underscores a substantial uplift in value post?renovation, placing its current asking price within the demonstrated market range for superior, spacious offerings.