120 SOUTH WESTERN HIGHWAY, Mount Richon WA 6112
120 SOUTH WESTERN HIGHWAY, Mount Richon WA 6112
3 bed 2 bath 1946 cottage on a 1015mΒ² block | Bushfire prone with strong sales interest; offers $800k+ | Suits families seeking reno potential | Reliable NBN/5G coverage
Spacious quarter-acre lot supports extensions or a pool, appealing to growing families or downsizers wanting land without city density. Positioned along a main highway for quick Armadale access, it balances semi-rural quiet with urban proximity, though traffic noise and bushfire risk in a prone area 2 could deter some. Demand remains firm from buyers seeking value in established residential zones, with an active listing drawing offers signals a steady buyer pipeline. The 128mΒ² build features open living overlooking the yard, 3 large bedrooms, dual toilets, and a laundry/shower setup ideal for multi-gen households.
Buyer segment targets practical families or investors chasing growth from regional infrastructure pushes. Location perks include 1.81km walk to Pioneer Village School (K-6 government, 82 students) and Armadale Senior High nearby, serving young demographics in a family-heavy area. Drawbacks involve council overlays limiting quick flips and potential flood zones. No major new projects noted, but highway positioning taps commuter demand to Perth. Rental yield looks solid for renovated older homes in this area, driven by worker influx. Growth hinges on regional revival and land scarcity for this size, offering subdivision potential if zoning allows. Risks center on bushfire maintenance costs and updates needed for the 1946 structure. Opportunities lie in cosmetic refreshes boosting appeal to first-home buyers priced out of tighter suburbs.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ