1 Angus Street Mount Melville WA 6330

Bushfire overlay | 95% owner-occupied street | 1920 build with 23% site coverage | Value range $490k–$680k The bushfire overlay introduces a conditional risk that may increase insurance costs and impose clearing obligations, narrowing the buyer pool at resale. The 23% site coverage on a 623m² lot opens a commercial opportunity: a future subdivision or rear dwelling, provided Albany council supports infill. Given the overlay, this property is best held as a long-term owner-occupied hold, not a speculative flip. The $589,000 listing sits well below the highest valuation of $651,000, suggesting a possible discount for the overlay risk. What is competitively strong here is the street’s 95% owner-occupancy and 56% long-term tenure, signalling low turnover and stable neighbours. The 1920 character and two-toilet layout are rare for a 2-bedroom house, offering practical advantage. This suits a buyer wanting a solid family home in a low-traffic pocket, with optional future land value. To secure this discount against the overlay, a building and insurance report is recommended before any offer.