10 Scrivener Place, Halls Head WA 6210
10 Scrivener Place, Halls Head WA 6210
Potential overlay risk | Renovation incomplete | Lot underused | Comparable overpriced
The 116mΒ² building sits on 911mΒ² with only 13% coverage, meaning much of the lot is undeveloped while the house itself remains partly renovated. This leaves a buyer paying for land capacity that is not yet yielding value – holding costs will accrue without rental or use returns from that space. The $921,000 estimated value, based on comparables like 11 Scrivener Place at $802,000, suggests the current price leaves limited equity upside. Given the heritage overlay and R12-25 zoning, the property is best held as a slow-gain family home or renovated to lift coverage and bedroom count, not flipped quickly.
What makes this property competitive is the school catchment for Glencoe Primary and Halls Head College, combined with NBN FTTP and 5G coverage – infrastructure that supports modern family or remote work needs. The 911mΒ² lot with partial renovation allows a buyer to finish the work and unlock the underused outdoor area, which is rare at this price point in Halls Head. This property suits a buyer who values school access and land hold value over immediate turnkey condition, and who can manage a modest renovation timeline.
The comparable at 11 Scrivener Place, with 909mΒ², two bedrooms, one bath, and one car, is estimated at $802,000 – the extra land size here is similar, but the extra bedrooms and garage add functional value, supporting a $921,000 estimate without overpricing for land alone. To proceed, verify the heritage overlay’s specific constraints on extensions or outbuildings to ensure the renovation plan you have fits the allowable envelope.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Halls Head is a coastal suburb experiencing robust demand, primarily driven by local trades-based households seeking established homes. This has fueled strong price growth and a rapid sales environment, with properties transacting swiftly. The market is characterised by tight listing levels, supporting continued upward pressure on values. Future performance will be influenced by sustained demand against constrained supply, though affordability pressures present a key constraint given the significant price appreciation observed.