11 Peter Street, Halls Head WA 6210
11 Peter Street, Halls Head WA 6210
Large 2257sqm block | 3×1 modest house | Green-title subdivision concept | Flood risk flagged
This property’s competitive edge is the unusually large 2257sqm block in an established coastal suburb, which is rare for Halls Head. The modest 128sqm three-bedroom, one-bathroom house sits on land that has been marketed with a green-title subdivision concept into three serviced lots, each with 15-metre frontages. This configuration best suits a buyer looking for development potential or a landbanking opportunity, rather than someone seeking a modern move-in-ready home. The site’s size and subdivision framing make it stand out from typical suburban stock in the area, where most lots are significantly smaller.
The value of this property may be influenced by the flood risk flagged for the site, which could affect development feasibility or insurance costs. The small house relative to the land size suggests the price is driven primarily by the land’s potential rather than the dwelling’s condition. A buyer should weigh the subdivision concept against actual planning approvals and servicing requirements, as these factors might materially impact the property’s ultimate value. The modest internal area also means the existing house may have limited appeal as a standalone rental or family home.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 11 Peter Street, Halls Head WA 6210
Market Insight:
Halls Head is a coastal suburb experiencing robust demand, primarily driven by local trades-based households seeking established homes. This has fueled strong price growth and a rapid sales environment, with properties transacting swiftly. The market is characterised by tight listing levels, supporting continued upward pressure on values. Future performance will be influenced by sustained demand against constrained supply, though affordability pressures present a key constraint given the significant price appreciation observed.