9 Lisford Avenue Two Rocks WA 6037

Large 809m² lot in established suburb | 1993-built 4-bed house | Bushfire overlay present | Fibre NBN & 5G coverage This property’s primary competitive strength is its substantial 809 square metre landholding, a rarity against newer, denser stock, offering future subdivision potential or space premium. The established 1993 construction on a single level with practical amenities like split-system air conditioning suits families seeking entry into the school catchments or downsizers valuing a manageable footprint on a large block. It serves a buyer prioritizing land asset over modern finishes. The older build age necessitates a thorough building inspection, with potential renovation costs offsetting the land value advantage. The identified bushfire overlay mandates specific insurance assessments and may impact future development costs. Proceed with a conditional offer anchored to a professional valuation, as the price must reflect the cost to modernize. A long-term hold strategy capitalizes on the land component. Our detailed report would pressure-test the listed price against true market comparables and quantify the bushfire overlay’s impact on holding costs. Recent comparable sale on Lisford Avenue: a 4-bedroom house with a larger 119m² building area sold for $870,000. This suggests the subject property’s valuation must be heavily justified by its significantly larger land parcel, as the building itself is smaller and older.