17 Lilly Court, Australind WA 6233

Quiet cul-de-sac | Large 715m² lot | Recent rapid value growth | Near primary & high schools This house presents a compelling case based on its land holding and location. A lot of this size in a quiet cul-de-sac is a scarce commodity, offering space and privacy that newer estates often lack. The proximity to both primary and secondary government schools creates inherent demand from families, positioning this property as a straightforward, long-term family home. The significant increase in value since its last sale in 2021 indicates strong market momentum for well-located land in Australind. The primary risk is paying a premium for past growth without clear, current comparable sales to validate the asking price. The configuration of three bedrooms and one bathroom may limit appeal to larger families, potentially affecting future resale liquidity. Proceed only with a disciplined offer strategy anchored to the estimated value, treating this as a long-term hold to leverage the land component. Our property report would pressure-test the valuation, detail locality risks like zoning, and provide a checklist for building and insurance due diligence on this specific lot. Recent comparable sales data is limited, with the property itself last selling for $280,000 in February 2021. The current listed price represents a substantial increase, underscoring the need for current, direct sales comparisons to assess fair value. The mentioned suburb median of $637,500 provides only a broad context.