11 Bremer Parade Jurien Bay WA 6516

Vacant land in Beachridge Estate | 714m² residential lot | sold $108k, estimated $667k | off-market, no rental data | adjacent comparable at $869k The buying case rests on extreme land value compression: purchased at $108,000 in July 2024, now estimated at $667,000, with an adjacent comparable at $869,000. This suggests a buyer who secured at the lower bound holds immediate equity leverage. The lot is flat, zoned residential, free of bushfire, flood, or heritage overlays, and sits in a family-friendly estate with school proximity and 4G coverage. It suits a patient buyer seeking build-and-hold or land banking in a tightening coastal market where supply is constrained and entry points at this price are rare. Risk is concentrated in valuation volatility: the $530,000–$800,000 range reflects medium confidence, and the property is off-market, meaning no current transactional liquidity. The buyer must fund holding costs without rental income. Opportunity lies in developing a 4-bedroom house on a 714m² lot, capturing the $200,000+ gap to the comparable. Hold until zoning or demand lifts further, or build to sell into the adjacent price band.