11 Beeston Cres, Marangaroo WA 6064

Large lot with development potential | Established family suburb | Multiple living areas | Strong car accommodation This property presents a competitively strong offering based on its substantial 703m² land parcel, which is notably larger than the suburb’s typical lot. This scale, combined with a versatile floor plan featuring multiple living zones and accommodation for four vehicles, creates a rare find in this market segment. It serves growing families or investors seeking a functional layout with clear future potential, such as a granny flat or pool, subject to council approval. The established neighbourhood and proximity to schools solidify its appeal to a core demographic. The primary decision hinges on capitalising on the land’s development potential, as the 1990-built house itself offers standard finishes. The commercial logic is to secure a below-estimate-value purchase to fund future improvements, thereby manufacturing equity. Hold as a long-term family home to utilise the space or consider a strategic renovation to maximise rental yield and capital growth, given the noted investor appeal. The absence of overlays simplifies this path. Recent suburb data shows a median sale price of $777,500, with this property listed from $829,000. This premium positioning is justified by its above-average land size and versatile accommodation, moving it into a higher pricing band supported by recent sales. The value inference is clear: you are paying for land and layout, not just the existing structure.