14 Rinaldo Place, Coolbellup WA 6163
14 Rinaldo Place, Coolbellup WA 6163
3 bed house on 728mยฒ | R30 zoning signals redevelopment potential | 1967 build with basic features | large block in established suburb
The competitive edge here is the land. A 728mยฒ block with R30 zoning in an established suburb like Coolbellup is becoming less common, and that gives this property a dual appeal. As a freestanding house, it serves the owner-occupier who values space and a quiet Rinaldo Place setting, but the zoning also opens the door for a developer or land-banker looking at future subdivision or a new dwelling. The 1967 build is typical for the area, and while the interior finishes are unverified beyond air conditioning and built-in wardrobes, the property is broadly consistent with the post-war housing stock that defines Coolbellup’s character. This is not renovated premium stock; it is a solid, older house on a generous block, and that is its primary strength.
The factors that may shape value here are the dwelling’s age and the zoning. A 1967 house often requires updating or a full redevelopment, and the cost of that work should be weighed against the land’s potential under R30 controls. The listing inconsistency around parkingโone space in the sale material versus three in a lease recordโis a small data-quality flag, but it does not materially affect the property’s core appeal. What matters more is understanding what the zoning allows and whether the existing house is habitable enough to rent while plans are considered. The buyer should form their view on price by balancing the land’s redevelopment flexibility against the likely need for capital to improve or replace the dwelling.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 14 Rinaldo Place, Coolbellup WA 6163
Market Insight:
Coolbellup is a well-located family suburb with strong owner-occupier appeal, driven by young professionals and couples seeking a connected, green lifestyle near key amenities. The house market is characterised by rapid sales and robust capital growth, reflecting high demand. Future prospects are supported by its demographic profile and lifestyle appeal, though an oversupply of listings presents a key constraint, requiring realistic vendor pricing to sustain momentum.