11 Hillcrest Avenue, South Bunbury WA 6230

1953 character home | expansive 975m² lot | South Bunbury Primary & Newton Moore catchments | highly sought-after street This property presents a competitively strong proposition due to its expansive lot size, which is notably larger than typical South Bunbury stock, permanently limiting future supply of similar land. Its position within established school catchments and on a desirable street underpins enduring demand, best serving a buyer seeking a long-term family home with renovation potential or a hold-and-land-bank strategy. The character style and polished floors offer immediate livability while the lack of overlays simplifies future planning. The primary risk is the capital cost for modernization, given the 1953 build, against a price point reflecting the premium for land. The opportunity lies in the low 11% building coverage, offering clear commercial logic for a future extension or subdivision, subject to council approval. This property should be acquired as a long-term hold to capitalize on land appreciation, with its current rental estimate providing serviceability support.