12 Pelham Street, Armadale WA 6112

3×1 lowset house | 711sqm R25 block | 1975 build | developer-investor crossover play This is a property that sits above much of Armadale’s older housing stock on both land size and floor area, with a 711sqm block and 183sqm of single-storey living space. The R25 zoning and subdivision potential give it a clear dual appeal—it works as a solid family home with room to grow, or as a landbank for future development subject to council approval. The 1975 build is consistent with established suburban housing in the area, and the confirmed intake for Gwynne Park Primary School adds practical family appeal. This property is best suited to a buyer who wants the flexibility of holding a well-sized house on a development-ready block, without paying a premium for a finished renovation or premium finishes. The value here is tied closely to the land and its zoning potential, not the condition of the existing house. The finishes, renovation history, and room-by-room condition are not verified, so a buyer should budget for possible updates to the 1975 interior. The estimated rent of $620 per week implies a gross yield around 4.6% on the asking price, but that is an inference from portal data, not a guaranteed return. The lack of confirmed comparable sales means the price should be tested against recent settled transactions in the immediate area, not suburb-wide averages. The subdivision potential is subject to council approval, so a buyer should factor in application timelines and any associated costs when forming a view on price.