1 Anstey Street, Mundijong WA 6123

Spacious lot in Mundijong | quiet street position | family zoning appeal | room for future expansion The property sits on a notably generous 1,086-square-metre lot in a low-density part of Mundijong, a location that still offers relative affordability compared to the closer Perth foothills. For a buyer seeking land depth and the potential to extend or reconfigure, this site provides a rare combination of size and street positioning. It is best suited to a family or investor looking to hold medium-term, with the lot itself being the primary competitive advantage over newer, smaller infill houses in the area. The surrounding comparables, particularly the nearby property on the same street, confirm that land value here is the anchor, not the dwelling. The main risk is that the house itself may not command top dollar, and the estimated value range reflects some uncertainty in the local market. Buyers should factor in possible renovation or holding costs if the dwelling is dated. The commercial logic rests on land banking: holding this property while the Serpentine-Jarrahdale corridor continues to see population growth and infrastructure investment. FTTP connectivity may add a modest layer of appeal. Use this property as a long-term hold with optionality to subdivide or develop when zoning permits.