10 Stanton Way, Leschenault WA 6233

10 Stanton Way, Leschenault WA 6233
10 Stanton Way | Bushfire & flood overlay risk | 6295mΒ² block high maintenance | 3% building coverage limits expansion | Estimated value range $1.09m–$1.49m wide. The bushfire and flood overlays on this property introduce specific cost and usability risks you need to factor into any offer. Insurance premiums will run notably higher than comparable suburban homes, and future resale may narrow the buyer pool to those comfortable with that exposure. The 3% building coverage ratio means the 206mΒ² house is set on a massive block where further construction is severely constrained. On the opportunity side, the 6295mΒ² land in a mature Leschenault location commands scarcity valueβ€”few properties of this size trade in this corridor. The 2017 sale at $525,000 shows land appreciation of roughly 170% over nine years against a market that has risen steadily, not explosively. The wood fire, cassette air conditioning, and established gardens with reticulation reduce immediate outgoing for a lifestyle buyer but do not compensate for the overlay limitations. This property holds best as a long-term hold for someone seeking acreage near town, not as a development play. For a buyer, what is competitively rare here is the combination of land size within commuting distance of Australind and Bunbury, with established infrastructure like FTTP and 5G already in place. The 6295mΒ² block positions you as a landholder in a corridor where subdivision potential is absent but privacy and space are enduring differentiators. The open-plan layout with quality kitchen fit-out and wood fire means the house itself supports comfortable year-round livingβ€”a low-renovation proposition. This property serves best a family or retiree wanting rural feel with town services; it does not suit an investor seeking rental yield due to the high land value relative to the $740 per week rental estimate. The market noise of 98 listings in Leschenault suggests you have room to negotiate given the overlay disclosures, not a bidding war. Property analysis credibility: Comparable sales from 2017 of $525,000 and 1999 at $87,000 show land as the primary value driver. The estimated value range of $1.09m–$1.43m with a mid-point around $1.26m suggests the current asking sits within achievable territory if you address overlay risk. The wide range means due diligence on insurance quotes and a structural survey on a 25-year-old house are non-negotiable before any offer. Book a walkthrough with the agent and ask directly for the overlay overlay hazard levelβ€”the council may require a Bushfire Attack Level assessment that could dictate your use of the land permanently.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Leschenault offers a premium lifestyle with spacious rural-residential lots, positioning it as a high-value enclave within the Harvey region. Demand is anchored by buyers seeking substantial landholdings, evidenced by a significant price range from established family homes to premium acreage estates. The market demonstrates solid underlying demand with consistent sales activity, while current listings indicate a diverse spectrum of opportunity. Future growth is intrinsically linked to its established character and the appeal of larger properties, though this same focus presents a natural constraint on broader affordability and buyer pool expansion.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1.56 acres

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat