11 Cleopatra Road, Utakarra WA 6530

landholding 837m² | polished jarrah floors | 4 parking spaces | priced below suburb median | 1 day on market The property’s competitive advantage lies in its land-to-building ratio: an 837 m² block with an 84 m² house offers rare expansion or subdivision potential in a suburb where 3-bedroom houses command a $423,000 median. The polished jarrah floors and security shutters signal a maintained interior with character, while the 4-car parking capacity is unusual for the area and appeals to tradespeople, families with multiple vehicles, or investors targeting tenants with similar needs. This house serves best a buyer seeking a value-add entry into a stable, owner-occupied pocket—80% owners on Cleopatra Road—with scope to improve or extend. The primary risk is the property’s recent 2023 sale, which may imply limited capital growth in a short holding period, though the current guide at $399,000 suggests a discount to the median that could offset this. The suburb’s young demographic profile (median age 20–39) and high renter proportion (20%) relative to the street indicate that micro-location quality varies; a buyer should verify the house’s condition against the 2023 sale record to avoid deferred maintenance. The opportunity is to acquire below-median land in a street with strong owner-occupier stability, positioning for future development or resale as the area matures.